NBCC Secures Rs 7,752.7 Million DDA Redevelopment Orders

06 Mar 2026 CW Team

The larger assignment is valued at Rs 4,377.9 mn and covers comprehensive redevelopment of DDA staff quarters at Old Rajinder Nagar, where the existing 117 dwelling units are to be redeveloped. The envisaged built-up area for that project stands at around 99,635 square metres, excluding external development, and the final area will be approved by DDA after a detailed survey and submission of a detailed project report. The second contract is worth Rs 3,374.8 mn and involves redevelopment of 152 dwelling units at Safdarjung Development Area with a proposed built-up area of approximately 65,925 square metres.

Both projects will be structured under a self-sustainable model agreed in a memorandum of understanding between NBCC and DDA, in which a portion of the developed built-up area will be sold to generate funds for project execution and the remaining area will be handed back for staff use as decided by DDA. The contracts are domestic in nature and fall under project management consultancy services, with no related party transactions involved according to the filing.

The fresh orders are expected to strengthen NBCC's urban redevelopment portfolio in Delhi by modernising ageing staff housing through structured funding mechanisms, while signalling a steady pipeline of public sector redevelopment work for the company. The filing did not specify a timeline for execution but underlined continued engagement with DDA on large scale housing renewal initiatives.

NBCC (India) Limited has secured orders worth Rs 7,752.7 million (mn) from the Delhi Development Authority for redevelopment of staff quarters at Old Rajinder Nagar and the Safdarjung Development Area in New Delhi. The state-owned project management consultancy said the contracts were awarded in the ordinary course of business and that the total excludes GST and marketing fees to be determined later. The awards reinforce the company's role in urban renewal in the capital and follow a stock exchange filing dated Feb 26, 2026. The larger assignment is valued at Rs 4,377.9 mn and covers comprehensive redevelopment of DDA staff quarters at Old Rajinder Nagar, where the existing 117 dwelling units are to be redeveloped. The envisaged built-up area for that project stands at around 99,635 square metres, excluding external development, and the final area will be approved by DDA after a detailed survey and submission of a detailed project report. The second contract is worth Rs 3,374.8 mn and involves redevelopment of 152 dwelling units at Safdarjung Development Area with a proposed built-up area of approximately 65,925 square metres. Both projects will be structured under a self-sustainable model agreed in a memorandum of understanding between NBCC and DDA, in which a portion of the developed built-up area will be sold to generate funds for project execution and the remaining area will be handed back for staff use as decided by DDA. The contracts are domestic in nature and fall under project management consultancy services, with no related party transactions involved according to the filing. The fresh orders are expected to strengthen NBCC's urban redevelopment portfolio in Delhi by modernising ageing staff housing through structured funding mechanisms, while signalling a steady pipeline of public sector redevelopment work for the company. The filing did not specify a timeline for execution but underlined continued engagement with DDA on large scale housing renewal initiatives.

Infrastructure Transport

06 May 2026

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Infrastructure Transport

06 May 2026

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Infrastructure Transport

06 May 2026

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..