Nila Infra Secures A PPP Order To Redevelop Affordable Housing From Ahmedabad Municipal Corporation
Nila Infrastructures Limited (the "Company") 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 INR 585.9 million.
The project envisages overall construction of 760 Dwelling Units (DU) and 18 shops along with common amenities, infrastructure & development works of the entire site, and Supply, Installation, Testing and Commissioning (SITC) of Roof Top Solar PV System covering atleast 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.
- Issued By:AHMEDABAD MUNICIPAL CORPORATION
- Bagged By:
- Region:Western India
- Value:INR 585.9 Million
- Published On:2019-06-24