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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.

Peers
Company Name CMP
Larsen & Toubro 3670.00
Kalpataru Projects 1312.95
NCC 115.65
Rail Vikas Nigam 181.00
KEC International 331.70
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