PSP Projects wins contract for Nila Spaces’ VIDA residential project

PSP Projects said that it has been issued a letter of intent (LoI) from Nila Spaces for the civil construction of the VIDA residential project in Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat.

Nila Spaces is an Ahmedabad-based real estate company, while PSP Projects is a construction company based in the same city.

According to PSP Projects, the company will be responsible for the civil construction of the core and shell of 3B+G+33 floors of high-rise residential towers amounting to INR 121.51 crores.