NILA INFRASTRUCTURES: ₹142.73 CR PROJECT CANCELLED Gujarat Housing… — TRADERS ADDA — TG.ME

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NILA INFRASTRUCTURES: ₹142.73 CR PROJECT CANCELLED

Gujarat Housing Board has cancelled Nila Infrastructures’ redevelopment project on a PPP basis.

• Project value: ₹142.73 Cr
• Scope: 300 HIG housing units + 18 shops
• LOA awarded: 27 Oct 2023
• Company’s order book reduced by ₹142.73 Cr
• EMD deposited by the company will be returned by GHB

Impact: Negative

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August 27, 2026 2.8K