NBCC (India) Ltd. has been awarded multiple work orders from the Housing and Urban Development Corporation (HUDCO), valued at approximately Rs 117 crore. These projects span commercial, residential, and institutional development, reinforcing NBCC’s role as a leading infrastructure and project management consultancy organisation in India.
Project Portfolio
Under the MoU with HUDCO, NBCC will execute four key projects across different cities, encompassing construction, development, and reconstruction activities:
| Project | Location | Value (Rs Crore) |
| Development of Commercial Plot | Kaushambi, Ghaziabad (UP) | 23.08 |
| Development of HUDCO Plot | Panchkula, Haryana | 26.92 |
| Construction of Additional Blocks at HUDCO Regional Office | Ahmedabad, Gujarat | 63.36 |
| Reconstruction of Flats at Asian Games Village Complex | New Delhi | 3.65 |
| Total | 117.00 |
Project Highlights
- Commercial Development in Ghaziabad: NBCC will develop a commercial plot in Kaushambi, contributing Rs 23.08 crore to the portfolio.
- HUDCO Plot Development in Panchkula: This project, valued at Rs 26.92 crore, involves comprehensive development of HUDCO-owned land.
- Expansion of HUDCO Regional Office in Ahmedabad: The largest project in this set, valued at Rs 63.36 crore, includes construction of additional office blocks.
- Residential Reconstruction in New Delhi: NBCC will undertake the reconstruction of flats at the Asian Games Village Complex, valued at Rs 3.65 crore.
Contract Nature and Scope
All four contracts fall under NBCC’s Project Management Consultancy (PMC) services, leveraging the company’s expertise in planning, execution, and supervision of complex infrastructure projects. These domestic projects reflect NBCC’s continued focus on strengthening its footprint in India’s urban development and construction sector.
Regulatory Compliance
In line with regulatory requirements, NBCC has formally intimated both the National Stock Exchange (NSE) and BSE Ltd. regarding the award of these work orders. Detailed disclosures, including client information, project scope, and contract values, have been provided to ensure full transparency in the company’s operations.
Strategic Significance
This new set of projects highlights NBCC’s strong partnership with key government entities like HUDCO and underscores the company’s versatility in handling diverse construction and development works across various regions. By executing projects ranging from commercial infrastructure to residential reconstruction, NBCC continues to demonstrate its capability in managing complex, multi-location assignments.
As these projects progress, NBCC is poised to contribute significantly to India’s urban development initiatives, enhance its project execution capabilities, and strengthen revenue streams, reinforcing its position as a leader in the infrastructure sector.
Summary
- Awarding Entity: HUDCO
- Total Contract Value: Rs 117 crore
- Projects: Commercial development, residential reconstruction, and office expansion across Ghaziabad, Panchkula, Ahmedabad, and New Delhi
- Scope: Project Management Consultancy (PMC) services
- Significance: Strengthens NBCC’s footprint in Indian urban development, highlights partnership with government bodies, and showcases versatility across multiple project types
These work orders affirm NBCC’s role as a key contributor to India’s infrastructure and urban development landscape, driving both growth and operational excellence.
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