Welcome to National Buldings Construction Corporation Ltd.

Real Estate is one of the major thrust areas of the Corporation. Entering the sector in 1985, NBCC has executed a number of commercial real estate projects at various major towns of the country viz. Delhi, Kolkata, Vadodara, Cuttack, Tripura etc. To provide quality housing to Government and Public Sector employees as also to the general public, the Corporation has, of late, started its venture into residential real estate sector and has launched its first residential real estate project "NBCC VIBGYOR TOWERS" in Kolkata. A few more mega Housing Projects are also to be launched in near future.
To meet the requirement of General Pool Residential Accommodation (GPRA) and General Pool Office Accommodation (GPOA), the Ministry of Urban Development (MoUD) of the Govt. of India is exploring the possibility of densification of the existing GPOA/GPRA through Re-development Schemes. While a few such schemes in Delhi are in pipeline, one job of Re-development of Netaji Nagar and East Kidwai Nagar in the Capital has already been entrusted to the Corporation by the MoUD. In addition, projects such as Re-development of INA Market and Sarojani Nagar Areas are also under active consideration of the Government.
NBCC has also ventured into buying potential plots through participation in open auction and one such plot of size 8597 sq mtr. at the Capital?s Okhla (Phase?I) has recently been bagged by NBCC for Rs.135.31 crore. The Corporation would develop this plot shortly and sell it at reasonable price.
Besides the above ventures, NBCC has taken some serious JV initiatives too, for associating itself with the agencies that are having consolidated lands in major developing cities/towns. A few such projects are likely to mature soon in Kolkata, Noida, Faridabad etc. In one of its important drives, the Corporation has recently formed Joint Venture with National Textile Limited of Gujarat for development of their land at Ahmedabad into a modern complex called as Indian Textile Plaza. Further, it is also exploring the possibility of forming Joint Venture with leading groups like HMT who are having land at important cities and towns of the country and are keen to develop these lands through Joint Venture system.
With the liberalized Government policy on FDI in real estate sector by foreign investors in the country, NBCC has formed alliances/signed MoUs with some venture capital firms of USA, Malaysia etc. and is aiming to take up mega real estate projects.