For slum rehabilitation and re-development for construction of 360 units
Nila Infrastructures has received work order from Ahmedabad Municipal Corporation, of slum rehabilitation and re-development for construction of 360 units on PPP basis at Ahmedabad under Urban Development & Urban Housing Department, Government of Gujarat's Slum Rehabilitation and Redevelopment Policy-2013.The Project envisages to rehabilitate about 360 slum-dwelling families living at Khodiyarnagar Asarwa, Ahmedabad. The total area under the project of approximately 6,085 sq. mtrs. will be redeveloped in 24 months at a total development cost of approximately Rs 25.16 crore. As remuneration, the Company will get the balance vacant land of approximately 1893 sq. mtrs. worth Rs 7.58 crore and the Transferable Development Rights (TDR) of Rs 17.58 crore.
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