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Nila Infrastructures bags order worth Rs 585.9 million

21 Jun 2019 Evaluate

Nila Infrastructures has received an order for development of Integrated Group Housing Facility at Sonaria Block, Rakhiyal-Asarwa, Ahmedabad on PPP Basis under ‘Redevelopment of Public Housing Scheme-2016’ of Urban Development & Urban Housing Department, Government of Gujarat. Ahmedabad Municipal Corporation (AMC) has estimated such development to cost Rs 585.9 million.

The project envisages overall construction of 760 Dwelling Units (DU) and 18 shops alongwith common amenities, infrastructure & development works of the entire site, and Supply, Installation, Testing and Commissioning (SITC) of Roof Top Solar PV System covering at least 50% of roof-area. It is to be executed within 24 months. The company has also agreed to develop 80 DU towards creation of additional Affordable Housing (AH) stock as premium to AMC.

Nila Infrastructures 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.

Nila Infrastructures Share Price

8.33 -0.35 (-4.03%)
13-Apr-2026 16:59 View Price Chart
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Company Name CMP
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