News articles tagged NBCC

NBCC sold commercial real estate in South Delhi for Rs. 1,905 crore

The government has successfully sold 4.8 lakh square feet of commercial space for Rs 1,905 crore in South Delhi, attracting several significant buyers.

Revised bids submitted by Suraksha group for Jaypee Infratech

NBCC and Suraksha Group vie to acquire Jaypee Infratech, submitting revised bids with improved offers to financial lenders amidst insolvency proceedings.

6,000 flats in Jaypee Wish Town to be delivered by next year

Jaypee Wish Town plans to deliver 6,000 apartments by 2022, including new and renovated units, with construction ongoing despite previous delays.

Gaurs Group to complete 10,964 pending Amrapali units at Rs 2,124 crore

Gaurs Group invests ₹2,123 crore in three stalled Amrapali projects, encompassing 10,900 apartments, marking a diversification into infrastructure.

NBCC To Develop 38-Acre Township At Mozakulai Near Howrah

Burn Standard and NBCC plan to develop a premium housing complex on an 11-acre plot in Alipore, Kolkata. The project awaits BIFR approval and faces hurdles like relocating existing structures.

NBCC Ready To Develop Real Estate Project In Dubai And Saudi Arabia

NBCC, a Government of India undertaking, is in final-stage talks to develop real estate in Dubai and Saudi Arabia. This marks the first time an Indian government entity would develop realty projects abroad.

State-Run Takes Realty Pills To Survive

State-owned pharmaceutical companies are shifting focus to real estate development, leveraging their land holdings to build commercial complexes and IT parks. This move aims to generate revenue and meet social objectives without government assistance.