State-owned construction major NBCC (India) Limited has secured work orders worth approximately ₹775.27 crore from the Delhi Development Authority for the comprehensive redevelopment of staff quarters in New Delhi.
The contracts include redevelopment of staff quarters at Old Rajinder Nagar valued at ₹437.79 crore and at Safdarjung Development Area valued at ₹337.48 crore, excluding marketing fees that will be determined later. Both projects will be executed under the Project Management Consultancy (PMC) model in the normal course of NBCC’s business.
The redevelopment will follow a self-sustainable model in which a portion of the built-up area (BUA) will be sold to finance the project, while the remaining BUA will be allocated for use by DDA staff. The Old Rajinder Nagar project involves 117 dwelling units with an envisaged BUA of around 99,635 square meters, while the Safdarjung Development Area project includes 152 dwelling units with a tentative built-up area of 65,925 square meters. Final BUA approvals will be determined after a detailed survey and submission of the Detailed Project Report (DPR).
NBCC stated that neither the promoter nor the promoter group has any interest in the awarding authority, confirming that the contracts do not fall under related-party transactions.
Separately this week, NBCC also secured a ₹76.27 crore work order, excluding GST, from Dharanidhar University in Keonjhar, Odisha. The project involves construction of an academic block, a hostel building, and related infrastructure including external development works, to be executed under the PMC model.
NBCC (India) Limited is a government-owned construction and real estate company under the Ministry of Housing and Urban Affairs. The firm specialises in project management consultancy (PMC), engineering-procurement-construction (EPC), and real estate development for civil infrastructure projects in India and overseas, handling activities from conceptualisation and feasibility studies to execution, commissioning, and maintenance of infrastructure such as buildings, roads, airports, hospitals, and border infrastructure.
