HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
NBCC (India) inks MoU with NMRDA
Sep-09-2025

NBCC (India) has signed a Memorandum of Understanding (MoU) with Nagpur Metropolitan Region Development Authority (NMRDA) on September 08, 2025, for the development of Naveen Nagpur. The company has been appointed as the project management consultant for the newly envisioned business district of Naveen Nagpur, covering an area of around 1,710 acres (692 Ha). The business district will be spread across 1000 acres, and 710 acres will be reserved for future expansion. Naveen Nagpur will be developed on a plug-and-play model featuring state-of-the-art infrastructure such as integrated underground utility tunnels, a district cooling system, automated waste collection, and a segregation plant.

The project will focus on building commercial establishments for start-ups, MSMEs, IT companies, and commercial offices, along with residential and mixed-use developments aligned with town planning guidelines. The project is set to roll out in phases over the years. The MoU marks an innovative step in advancing Naveen Nagpur as a planned Business and Finance Centre (IBFC), laying a strong foundation for its strategic growth and development.

NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.

  RELATED NEWS >>