State-owned construction major NBCC (India) Limited has entered into a Memorandum of Understanding (MoU) with the Housing and Urban Development Corporation (HUDCO) to develop a 10-acre institutional project in Noida’s Sector-62. The estimated cost of the project is pegged at ₹600 crore.
In a regulatory filing on Wednesday, NBCC announced, “The MoU with HUDCO is for the development of a 10-acre institutional plot in Noida, Sector-62, as the Project Management Consultant (PMC).”
The ambitious project aligns with NBCC’s expertise in project management consultancy and real estate, further solidifying its role in large-scale urban development initiatives.
Details of the Project
- Location: Sector-62, Noida.
- Scope: Development of a 10-acre institutional plot.
- Role of NBCC: Project Management Consultant (PMC).
- Estimated Cost: ₹600 crore.
This collaboration underscores NBCC’s commitment to advancing urban infrastructure through partnerships with key public sector entities.
