NBCC takes crores contract from Tourism Ministry

By Accommodation Times News Service The work involves construction of Indian Culinary Institute in Noida amounting Rs 98.5crore and Indian Culinary Institute in Tirupati State-owned NBCC has bagged a contract worth Rs 188crore from the Indian Culinary Institute Society. "National Buildings Construction Corporation Ltd (NBCC) and Indian Culinary Institute Society under Ministry of

NBCC gained development project from DDA

By Accommodation Times News Services National Buildings Construction Corporation (NBCC) have received an order from Delhi Development Authority (DDA) for project development, which has railed their shares 5% to Rs 922 after the company announced that it has received an order from Delhi Development Authority (DDA) for project development. “NBCC has been entrusted by DDA for development of Lake

NBCC to construct 10,000 housing units by 2018

By Accommodation Times News Service The National Buildings Construction Corporation (NBCC), the big construction giant said it plans aggressively to keep an eye on real estate market and has set a target to build 10,000 housing units by 2018 with an investment of about 6,000crore. The company has massive plans to aggressively

NBCC gets LoI for construction project worth Rs 42.64 bn

By Accommodation Times Bureau National Buildings Construction Corporation (NBCC) announced on Tuesday that Ministry of Urban Development has issued LoI to NBCC for construction of 4747 dwelling units upon redevelopment of Kidwai Nagar (East), Delhi for General Pool Residential Accommodation (GPRA). Estimated cost of the project is Rs 42.64 billion (approx)

Supreme Court warns Amrapali Group against playing smart

By Accommodation Times Bureau NEW DELHI Supreme Court sternly warned real estate giant Amrapali Group against playing smart in front of the apex court. Amrapali Group is accused of unnecessarily delaying its projects to the disbenefits to the home buyers’ interests. The apex court said that it would not allow the company

Discussions initiated by government with stakeholders on ways to boost real estate sector

By Accommodation Times Bureau NEW DELHI: Recently, some real estate developers in a meeting with the government raised their key demands including (reduction of GST, tax concessions and boosting investment). NBCC chairman and managing director Anoop Kumar Mittal after the meeting said, “the meeting was basically on encumbrances in the real estate sector.’’ He

Hardeep Singh Puri hand overs possession of newly constructed flats to allottees

By Accommodation Times Bureau DELHI Hardeep Puri, Ministry of Housing & Urban Affairs on Thursday handed over possession of newly constructed 210 Type-II flats in Kidwai Nagar (East) to the allottees. The allottees are of Pay level II as Junior Secretariat Assistant, Steno Grade ‘D’, Constables, Multi Tasting Service, etc.   Plantation of 500

Steel ministry transfers its 49% stake in HSCL to MoHUA

By Accommodation Times Bureau NEW DELHI On Friday steel ministry agreed to transfer its entire 49% stake in Hindustan Steelworks Construction Ltd (HSCL) to housing and urban affairs ministry (MoHUA). The move will make progress easier for state-owned construction firm National Buildings Construction Corporation Limited (NBCC) India Ltd to take full control of