IL&FS Engineering and Construction Company has received a Letter of Intent (LOI) from Mahindra Lifespaces Developers for a total value of Rs 120.30 crore for construction of ‘Civil and Structural Works for the proposed residential development, ‘Ashvita’ comprising apartments in 5 towers, club house, and external related civil works at Kukatpally, Hyderabad. The project has to be completed within 31 months.
Recently, the company received a LOI from Emaar-MGF for a total value of Rs 135.50 crore for construction of 'Palm Terraces Select Housing Complex' at Sector- 66, Gurgaon.
IL&FS Engineering and Construction Company is engaged in infrastructure development, construction and project management. The company has undertaken projects in segments such as roads/ expressways/ highways, buildings and industrial structures, irrigation canals and dams and thermal and hydel power.