New Delhi, Oct 13 (PTI) Nila Infrastructures today saidit has received Rs 107-crore order from Rajasthan governmentto build affordable houses for people belonging toeconomically weaker section of the society and those inthe low income group.
The company "has received a work order pertaining toconstruction contract worth Rs 1,072.8 million from JodhpurDevelopment Authority (JoDA), Rajasthan government forconstruction of Economically Weaker Section (EWS) and LowIncome Group (LIG) Houses", it said in a BSE filing.
The project envisages overall construction of about 1.2million sqft built-up area and has to be completed within 48months, it said.
The project will comprise total 3,152 residential units -2,128 for EWS with 325 sqft super built-up area and 1,024 forLIG with 500 sqft super built-up area, it added.
"Having gained proprietary knowledge about projectexecution at Jodhpur from our ongoing affordable housingproject at village Aanganwa, Jodhpur, we are confident toexecute this second affordable housing project veryefficiently," Deep Vadodaria, Chief Operating Officer, NilaInfra said.
Nila Infrastructures is a well-established player indeveloping civic urban infrastructure projects on EPC,Turnkey, PPP Mode, as well as Private White Label Constructionand Industrial Infrastructure Projects.
Shares of the company were trading up 2.70 per cent at Rs19 apiece on BSE. PTI ABIANU.
This is unedited, unformatted feed from the Press Trust of India wire.