Public sector enterprise NBCC has crossed an operational income of Rs 10,400 crore, according to an official release. The Board of Directors, in its meeting held on Tuesday, i.e., May 28, 2024, approved the … READ FULL STORY
May 9, 2024: The state-owned real estate developer and management consultancy NBCC has secured contracts totaling Rs 450 crore in Chhattisgarh and Kerala. In an official filing, NBCC disclosed that it has been awarded … READ FULL STORY
April 22, 2024: India’s state-owned NBCC is planning to establish its own non-banking finance company (NBFC) later this year to reduce borrowing costs for critical infrastructure projects. The move is projected to save the … READ FULL STORY
April 1, 2024: State-owned construction firm NBCC (India) on March 27, 2024, announced the successful sale of 4.8 lakh square feet (sqft) of commercial space in South Delhi for Rs 1,905 crore on behalf … READ FULL STORY
February 22, 2024: Government-owned NBCC on February 21, 2024 received approval from the Greater Noida Authority to develop unused floor area ratio (FAR) in five Amrapali projects valued at Rs 10,000 crore. The five … READ FULL STORY
January 2, 2024: Public sector construction company NBCC has been engaged by the Delhi Metro Rail Corporation Limited (DMRC) for the construction of staff quarter residential building for the Bhubaneswar Metro Rail project, according … READ FULL STORY
In a step towards the resolution of stuck Amrapali project, NBCC (India) Limited has completed the sale of 5,000 flats having a value of around Rs 2,900 crore. This is a significant step towards delivering … READ FULL STORY
December 20, 2023: State-owned National Buildings Construction Corporation (NBCC) has sold a 2.23 lakh square foot (sqft) commercial space for Rs 905 crore in the World Trade Centre project at Delhi’s Nauroji Nagar. NBCC … READ FULL STORY
November 10, 2023: NBCC, India’s state-run developer, on November 9 said its profit after tax (PAT) jumped by nearly 73% during the fist half of the current fiscal (H1FY24). During its board of directors meeting … READ FULL STORY
SC to set up new bench to hear buyer grievances The Supreme Court will constitute a fresh bench to hear the plea of Amrapali Group homebuyers. The November 14, 2022, decision by the apex … READ FULL STORY
The prime minister’s residence and office are likely to be shifted near the South Block and the vice-president’s new house will be in the vicinity of the North Block as per a blueprint prepared … READ FULL STORY
Looking back, 2019 may not have been the best year for the real estate sector. However, with several changes introduced during the year, from reduction in taxes to the announcement of a Rs 25,000-crore … READ FULL STORY
The Supreme Court delivered a historical decision, on July 23, 2019, in the case of Amrapali Group of Companies, which has wider ramifications for home buyers across the country. Let us discuss the decision … READ FULL STORY
