Infrastructure,Infrastructure sector projects by IL&FS Transportation Ltd in Gandhinagar
Project Information
5580
IL&FS Transportation Ltd
L&FS Transportation Networks will develop a multi-level car parking facility at Gandhinagar in Gujarat on build-own-operate-transfer (BOOT) basis for around Rs 350 crore.
"The concession agreement was signed on January 22, 2014 between Gujarat International Finance Tec-City Company and GIFT Parking Facilities, a wholly-owned subsidiary of the company, for development of a multi-level car parking at GIFT City, Gandhinagar on BOOT basis," IL&FS Transportation Networks
The project involves design, development, finance, construction, operation and maintenance of 16-level car parking which with a capacity of around 5,400 cars including retail space at the ground floor for a period of 30 years.
"The total project cost is approximately Rs 350 crore," it said.
The concession allows IL&FS Transportation Networks the right to allocate 80 per cent of total parking space to the lessee in the GIFT city at a mutually agreed price.
The remaining 20 per cent is to be made available as paid facility to the visitors to the GIFT city.
Project Value
INR 350 Crore /-
Contract Awarded
Gandhinagar
Gujarat
India
Infrastructure,Infrastructure
Disclaimer :
We takes all possible care for accurate & authentic tender information, however Users are requested to refer Original source of Tender Notice / Tender Document published by Tender Issuing Agency before taking any call regarding this tender.
