We have all the ingredients to become a global construction major
Real Estate

We have all the ingredients to become a global construction major

Starting his stint as a deputy general manager of engineering with the government-owned construction major NBCC India – formerly National Building Construction Corporation – in 2005, KP Mahadevaswamy has come a long way. Ever since taking charge as Chairman and Managing Director (CMD) at the Navratna Central Public-Sector Enterprise (CPSE) in October last year, the 55 year-old has focused on expanding the company’s consultancy and redevelopment businesses, international expansion, and significantly growing revenue to Rs.250 billion over the next five years. In an exclusive interaction with CW, he outlines how he proposes to turn NBCC into a global player.

How satisfied are you with NBCC’s performance?
We have much to showcase for 2023. We had the privilege of constructing the International Exhibition-cum-Convention Centre (IECC), better known as ‘Bharat Mandapam’, which was the G20 Summit venue in August last year. Recently, President Droupadi Murmu inaugurated the NBCC-built historic flagpost at Rashtrapati Nilayam in Hyderabad, the tallest wooden flag post in the country. NBCC took over the stalled Amrapali Projects spread over Delhi NCR to complete and deliver them to thousands of homebuyers left in the lurch after the private builder exited the project...

To read the full story, CLICK HERE

Starting his stint as a deputy general manager of engineering with the government-owned construction major NBCC India – formerly National Building Construction Corporation – in 2005, KP Mahadevaswamy has come a long way. Ever since taking charge as Chairman and Managing Director (CMD) at the Navratna Central Public-Sector Enterprise (CPSE) in October last year, the 55 year-old has focused on expanding the company’s consultancy and redevelopment businesses, international expansion, and significantly growing revenue to Rs.250 billion over the next five years. In an exclusive interaction with CW, he outlines how he proposes to turn NBCC into a global player.How satisfied are you with NBCC’s performance?We have much to showcase for 2023. We had the privilege of constructing the International Exhibition-cum-Convention Centre (IECC), better known as ‘Bharat Mandapam’, which was the G20 Summit venue in August last year. Recently, President Droupadi Murmu inaugurated the NBCC-built historic flagpost at Rashtrapati Nilayam in Hyderabad, the tallest wooden flag post in the country. NBCC took over the stalled Amrapali Projects spread over Delhi NCR to complete and deliver them to thousands of homebuyers left in the lurch after the private builder exited the project...To read the full story, CLICK HERE

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ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

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Delhi Airport to Finalise 20-Year Master Plan

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Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

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