NBCC (India) Limited has made its first international real estate foray by acquiring a prime land parcel in Dubai, UAE, through its wholly owned subsidiary, NBCC Overseas Real Estate LLC. The move marks the public sector company’s entry into the global real estate market.

The acquired land measures 14,776.8 square feet and is valued at AED 15 million. NBCC plans to develop the plot as a mixed-use project, expanding its footprint beyond India and diversifying its real estate portfolio.

Company officials said the acquisition aligns with NBCC’s core business operations and its strategic objective of international diversification. The project is expected to strengthen the company’s presence in the UAE and support long-term growth by tapping into overseas real estate opportunities.

The development has been disclosed on NBCC’s official website. Deepti Gambhir, Company Secretary of NBCC, said the acquisition was undertaken in the normal course of business and reflects the company’s ambition to evolve into a global real estate player.