What is the latest status of the project “Premium Residential Project in GIFT City”?

The status recorded for “Premium Residential Project in GIFT City” is Awarded.

What is the budget and commercial profile for the project “Premium Residential Project in GIFT City”?

Taiyo normalizes the budget of “Premium Residential Project in GIFT City” to USD 15798227.5.

Where can I verify the source and access all details for “Premium Residential Project in GIFT City”?

This Taiyo project page references Dalal Street Investment Journal (DSIJ) along with the original URL (https://www.dsij.in/dsijarticledetail/penny-stock-under-rs-12-this-real-estate-and-infrastructural-development-company-received-award-of-rs-12925-crore-construction-contract-for-premium-residential-project-in-gift-city-49679). Taiyo standardizes official data into a consistent, searchable project profile.

Premium Residential Project in GIFT City

Sector: Road • Location: Gandhinagar, Gujarat, India

Source: Dalal Street Investment Journal (DSIJ)

Project

Awarded

Nila Spaces Limited's wholly owned subsidiary, Nila Urban Living Private Limited, awarded a construction contract to Riveria Infrastructures Private Limited for core and shell construction of residential towers on a prime plot in GIFT City, India's first smart city. The project aims to create high-energy, purpose-driven, and wellness-oriented residential environments, aligning with the company's v

Status: Closed
Sector: Road, Power Generation (CCGT), Commercial, Residential
Location: Gandhinagar, Gujarat, India
Updated: 22 Jul 2026
Source: Dalal Street Investment Journal (DSIJ)

ConstructChat

Ask ConstructChat about Premium Residential Project in GIFT City

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information

4 Q

The project “Premium Residential Project in GIFT City” is an infrastructure initiative in the Road sector, located in Gandhinagar, Gujarat, India. Taiyo aggregates data on it from Dalal Street Investment Journal (DSIJ).

Participants

Not available for this record.

Status

Original status	Awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Nila Spaces Limited's wholly owned subsidiary, Nila Urban Living Private Limited, awarded a construction contract to Riveria Infrastructures Private Limited for core and shell construction of residential towers on a prime plot in GIFT City, India's first smart city. The project aims to create high-energy, purpose-driven, and wellness-oriented residential environments, aligning with the company's vision of 'Power Living'.
Original sector	Real Estate
Budget

Location

Country	India
State	Gujarat
City	Gandhinagar

Source

Source	Dalal Street Investment Journal (DSIJ)
URL

More Details

Record type	Project
Sector	Road, Power Generation (CCGT), Commercial, Residential
Article published date	2025-06-07

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

Every detail on this project
News and media coverage
Technical research

View all details

Free account · no card · lands you back on this project

Premium Residential Project in GIFT City

Ask ConstructChat about Premium Residential Project in GIFT City

Project Information FAQ

Project Information

Research

View all details

More Road projects in India