Welcome to NBCC
NBCC Ltd.

REAL ESTATE DEVELOPMENT

National Buildings Construction Corporation (NBCC) was established in the year 1960 by erstwhile Ministry of Works, Housing & Supply (MoWHS) which is now known as Ministry of Urban Development. It has since then grown by leaps & bounds & grown into a formidable player both in India & Abroad in entire gamut of Civil Engineering works in the capacity of Project Management Consultant & Contractor. The Company forayed into Real Estate business in the year 1988 and since then has made major strides to be turned into a formidable market player. NBCC in fact is the first Central Public Sector Enterprise to enter into Real Estate.

The Indian economy is growing and there is a large gap between supply and demand of housing, commercial complexes etc. The development and management of Real Estate has thus emerged as an important and profitable area of business in the Indian Construction Sector. However, there come phases when the Real Estate sentiments are subdued.

Currently, NBCC is the only Government of India Company engaged in the Business of Real Estate. Activities in this segment includes Development of Real Estate Projects like Residential, Commercial and Institutional projects for which NBCC either purchases Land parcels or enters into JVs / Consortia.

OBJECTIVE

  • To provide houses on reasonable rates maintaining bottom line profitability
  • To provide commercial built-up property at competitive rates with reasonable rates of return
  • To provide residential and commercial complexes / properties with modern facilities
  • To maintain transparency, not only in calculation of saleable super area but in other aspects/ activities of Real Estate business
  • To provide high standards of quality product by maintaining prescribed environmental & safety standards
  • To maintain growth in revenue and earn profit to maintain healthy cash flows
  • To contribute to bottom line of Corporation substantially & consistently
  • To become a diversified Real Estate Company and to achieve consistent returns for benefits & growth of shareholders