We have all the ingredients to become a global construction major

27 Mar 2024 CW Team

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

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..