MoneyWorks4Me

Nila Infrastructures bags order worth Rs 53.84 crore

10 Jul 2018 Evaluate

Nila Infrastructures (NILA) has received an additional order pertaining to EPC contract worth Rs 53.84 crore from Adani Group’s Shantigram Estate Management for further construction at Inspire Business Park, Phase-II Project at Shantigram, Ahmedabad. 

The additional order envisages further construction of about 400,000 sq. ft. built-up area (one (1) tower having double basement+G+12 floors and two towers with double basement+G+8 floors). It has to be completed within 18 months.

NILA is a growing entity in the real estate and urban infrastructure space. The company has been engaged in turnkey civic infrastructure constructions, besides the development and marketing of residential real estate schemes.


Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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