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NBCC

Redevelopment of old government buildings permission attained

Redevelopment of old government buildings permission attained
The National Building Construction Company (NBCC) has received the go-ahead from the Ministry of Urban Development to redevelop three World War-II era government colonies in the heart of South Delhi. Under the redevelopment plan, high-rise apartment complexes will replace the old two-storey houses at Netaji Nagar, Kasturba Nagar and Thyagraj Nagar, spread over nearly 185 [...] Continue Reading »

Loss-making AI to sell or lease its assets to monetise funds

Loss-making AI to sell or lease its assets to monetise funds
State owned Flag carrier Air India’s (AI) balance sheet has been in red for the last many years and the loss making company is reeling under the pressure to bring back its lost sheen. AI has approached the government of India undertaking company National Buildings Construction Corporation Ltd. (NBCC) to help it monetise its assets. [...] Continue Reading »

NBCC looking forward for expansion

NBCC looking forward for expansion
National Buildings Construction Corporation Ltd. (NBCC), a Navratna company under the ministry of urban development, is looking to expand overseas to tap the more than Rs 2,000 crore infrastructure redevelopment and consultancy services market in Maldives, Turkey, Botswana, Oman and Malaysia. We are definitely looking for expansion overseas especially with the expertise in re-development. We [...] Continue Reading »

NBCC sets up innovation and R&D centre in New Delhi

NBCC sets up innovation and R&D centre in New Delhi
In a statement released on Tuesday, National Buildings Construction Corporation Ltd (NBCC) has revealed that a centre for innovation and research and development (R&D) has been set up by the organization in New Delhi. According to the information shared by NBCC’s Chairman and Managing Director Anoop Kumar Mittal, the exclusive focus of the new innovation [...] Continue Reading »

NBCC to rework on govt projects in 3 cities

NBCC to rework on govt projects in 3 cities
National Buildings Construction Corporation (NBCC), a public sector company, planning to redevelop at least three government housing projects worth Rs 5,000-6,000 crore in various parts of the country. Also, the company is looking to expand its business in Africa and West Asia. NBCC Chairman Anoop Kumar Mittal informed that an agreement for makeover of a [...] Continue Reading »

Kidwai Nagar East redevelopment plan gets approval from DUAC

Kidwai Nagar East redevelopment plan gets approval from DUAC
New Delhi: With few minor modifications, the redevelopment plan of Kidwai Nagar (East) has been approved by the Delhi Urban Art Commission (DUAC). If the area is redeveloped, it is expected to allow multi-storeyed residential towers comprising around 4,800 residential units besides one million feet of commercial space in that area. the project will be [...] Continue Reading »

Housing redevelopment project in Delhi

Housing redevelopment project in Delhi
The government of Delhi has planned to re-develop the housing colonies. The project will be the biggest construction work in Delhi. This redevelopment of colonies will be done by National Buildings Construction Company (NBCC). Kidwai Nagar colony in New Delhi will be the first to be redeveloped. The cost of the redevelopment project is estimated [...] Continue Reading »



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