"IL&FS Engineering and Construction Company Ltd has received Letter of Intent (LoI) from the Lodha Group for civil construction works of proposed residential buildings in phase II of Palava, Khoni village near Dombivli in Mumbai," the company said in a statement.
The completion period for the entire work is 322 days, the company said.
The company is currently executing 'Orchid Heights', a high rise residential buildings project at Byculla in Mumbai that involves construction of two rise towers.