Nbcc to set up its own nbfc

27 Apr 2024 CW Team

Establishing an NBFC will allow NBCC to provide financial services such as loans, investments, and advisory services, catering specifically to the construction and real estate sectors. By offering tailored financial solutions, NBCC aims to address the unique needs and challenges faced by developers, contractors, and other stakeholders in the industry.

This decision comes amidst growing opportunities in the real estate and infrastructure segments, driven by government initiatives such as affordable housing schemes, smart city projects, and infrastructure development plans. With its extensive experience and track record in executing large-scale construction projects, NBCC is well-positioned to capitalise on these opportunities and contribute to the growth of the sector.

Furthermore, establishing its own NBFC will enable NBCC to streamline its financing processes and reduce dependency on external financial institutions. This move is expected to result in significant cost savings, with projections indicating potential savings of over ?100 million over the coming years.

The decision to venture into finance underscores NBCC's commitment to innovation and diversification, as it seeks to evolve beyond its traditional role as a construction company. By expanding its presence in the financial sector, NBCC aims to strengthen its position as a comprehensive solutions provider in the construction and real estate ecosystem.

In addition to providing financial services, NBCC's NBFC is poised to foster synergies with its existing business verticals, including project management consultancy, real estate development, and engineering procurement construction (EPC) services. This integrated approach will enable NBCC to offer end-to-end solutions to its clients, ranging from project inception to financing and execution.

Overall, NBCC's decision to set up its own NBFC represents a strategic move to capitalise on emerging opportunities in the financial sector while leveraging its core strengths in construction and real estate. As the company embarks on this new chapter, it is poised to play a pivotal role in driving growth and innovation in the construction and real estate industry.

The National Buildings Construction Corporation (NBCC) has announced its plans to establish its own Non-Banking Financial Company (NBFC), marking a significant expansion into the financial sector. This strategic move aims to leverage NBCC's expertise in construction and real estate to diversify its portfolio and tap into new revenue streams. Establishing an NBFC will allow NBCC to provide financial services such as loans, investments, and advisory services, catering specifically to the construction and real estate sectors. By offering tailored financial solutions, NBCC aims to address the unique needs and challenges faced by developers, contractors, and other stakeholders in the industry. This decision comes amidst growing opportunities in the real estate and infrastructure segments, driven by government initiatives such as affordable housing schemes, smart city projects, and infrastructure development plans. With its extensive experience and track record in executing large-scale construction projects, NBCC is well-positioned to capitalise on these opportunities and contribute to the growth of the sector. Furthermore, establishing its own NBFC will enable NBCC to streamline its financing processes and reduce dependency on external financial institutions. This move is expected to result in significant cost savings, with projections indicating potential savings of over ?100 million over the coming years. The decision to venture into finance underscores NBCC's commitment to innovation and diversification, as it seeks to evolve beyond its traditional role as a construction company. By expanding its presence in the financial sector, NBCC aims to strengthen its position as a comprehensive solutions provider in the construction and real estate ecosystem. In addition to providing financial services, NBCC's NBFC is poised to foster synergies with its existing business verticals, including project management consultancy, real estate development, and engineering procurement construction (EPC) services. This integrated approach will enable NBCC to offer end-to-end solutions to its clients, ranging from project inception to financing and execution. Overall, NBCC's decision to set up its own NBFC represents a strategic move to capitalise on emerging opportunities in the financial sector while leveraging its core strengths in construction and real estate. As the company embarks on this new chapter, it is poised to play a pivotal role in driving growth and innovation in the construction and real estate industry.

Building Material

03 Dec 2025

Cement Makers Positive on H2 Demand Outlook

The leading cement producers have posted high single-digit volume growth and better sales realisation in the July–September quarter, setting a positive tone for the second half of FY26. Companies are upbeat on demand prospects, supported by a strong housing sector and continued government spending on major infrastructure projects. UltraTech, Ambuja Cement, Shree Cement, Dalmia Bharat and Nuvoco Vistas recorded revenue growth of up to 18 per cent in the September quarter. The rise was driven by firm realisations, softer input costs and an increased share of premium products. With coal price..

Infrastructure Urban

03 Dec 2025

Odisha Targets Role as MSME Hub for Eastern India

Odisha has set its sights on becoming the MSME gateway of eastern India, Chief Minister Mohan Charan Majhi said at the Odisha Industrial Conclave 2025, organised by Laghu Udyog Bharati (LUB). Calling the state a land of possibilities, he noted that Odisha has emerged as a leading destination for micro, small and medium enterprises.He said that reforms such as the Go-Swift single-window system now allow project approvals within a day. Odisha has also invested 6.1 per cent of its GDP in infrastructure development, which is expected to further accelerate industrial and MSME growth.Majhi emphasise..

Infrastructure Energy

03 Dec 2025

Coal Ministry Eases Process for Exploration and GR Approvals

The Ministry of Coal has introduced a simplified approval mechanism for exploration programmes and Geological Reports (GRs) for coal and lignite blocks. The reform aims to accelerate exploration activity, reduce procedural delays and strengthen India’s preparedness for rising energy demand.Under the revised process, reports prepared by Notified Accredited Prospecting Agencies (APAs) and peer-reviewed by another accredited agency no longer require approval from the committee set up in January 2022. This marks a major shift towards faster, more transparent and technology-driven exploration.By ..