Engineering and construction company IL&FS Engineering Services has received Letter of Award (LoA) from Neelkamal Realtor Tower Private Ltd for construction of the latter's Orchid Heights, a high-rise residential project at Byculla, Mumbai, with a built-up area of around 2.8 million sft.
The total value of the contract is Rs 675 crore, and is expected to be completed in 39 months.
This will be the first work in Mumbai for the company.
The timeline for committed scope of finishing, mechanical, electrical and plumbing work would be during the course of execution that will further enhance the contract value.