"IL&FS Engineering and Construction company has received LoI from Unitech Ltd for a total value of Rs 77.5 crore for construction of 'Signature III', a commercial complex in Sector-15, Gurgaon," the company said in a filing to the BSE.
The building project entails three basements.
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The special feature of this building is that unlike glass curtain walls, it has dry stone cladding and is designed as a classic building by Ricardo Boffil, a Spanish architect, it said.
Shares of the company today closed at Rs 42.60 apiece on the BSE, up 6.37% from its previous close.
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