NBCC (India) Ltd News Today

Another key project includes infrastructure work at NALSAR University of Law in Hyderabad, with the contract value of ₹18.05 crore.

The total value of the sale from this auction was around ₹1,153.13 crore and, was a part of ongoing efforts in real estate monetisation by the company.

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Under this agreement, NBCC will handle project management consultancy for civil and passive infrastructure components.

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The second contract of ₹48.70 crore comprises demolition, construction and furnishing of WRPC office in Andheri East, Mumbai.

Under this collaboration, NBCC will act as a project management consultancy (PMC) contractor for the next two to three years, managing and executing the project.

This memorandum of understanding (MoU) is likely to be worth ₹25,000 crore, and projects will be executed in phases over the next three to five years.

The project also involves the rejuvenation of Rodia Belwala, redevelopment of Sati Kund and its nearby areas as well as Har Ki Pauri and Subhash Ghat redevelopment to bolster the region’s infrastructure

The transaction's total sale value is estimated to be around ₹2,353 crore. The transaction will earn a marketing fee of 1% of the total value of the sale for NBCC.