Business Standard

NBCC bags orders worth over Rs 540 cr in July

Last month, it signed an MoU to redevelop Indian Institute of Public Administration's campus for Rs 435 cr

The liberalised norms for foreign investment could be a boon for affordable housing

Press Trust of India New Delhi
State-owned National Buildings Construction Corporation (NBCC) Ltd today said it has bagged orders worth over Rs 540 crore in July, 2015.

"The company has secured total business amounting Rs 540.81 crore (approx) from various clients in the month of July, 2015," NBCC said in a BSE filing.



Last month, NBCC signed an agreement to redevelop the Indian Institute of Public Administration (IIPA)'s campus for Rs 435 crore.

In a filing to the BSE, NBCC said it has "executed an MoU with IIPA for redevelopment of its campus at IP estate, New Delhi, at an estimated amount of Rs 435 crore."

NBCC is present in three main segments -- project management consultancy, real estate development and EPC contracting.

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First Published: Aug 03 2015 | 12:48 PM IST

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