NBCC signs MoU with ITD for Rs 2.63 billion project in Kanpur

15 Nov 2024 CW Team

NBCC (India) has entered into a memorandum of understanding (MoU) with the Income Tax Department to undertake the construction of the "Pratyaksha Kar Bhawan" in Kanpur, Uttar Pradesh. The project will include a residential complex and a multi-story training facility in Kheora Bangar.

The estimated project cost is Rs 2.63 billion, with completion targeted within 30 months of commencement.

Separately, NBCC has been awarded a Rs 1.36 billion contract by New India Assurance for demolition, design, construction, and furnishing of four buildings in Mumbai’s Andheri and Malad areas. (ET)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

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VECV crosses 1 lakh annual vehicle sales milestone in FY26

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Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

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