New Delhi: State-owned NBCC Ltd has bagged a nearly Rs 3,000 crore order from Nagpur development authority to build the first phase of a large township project. In a statement on Monday, the company said it has signed an agreement with the Nagpur Metropolitan Region Development Authority (NMRDA) to build a 1,710-acre township project, Naveen Nagpur Project.
The company has signed a memorandum of understanding (MoU) on September 8, 2025.
NBCC has been appointed as the Executing and Implementing Agency as well as the Project Management Consultant (PMC).
"The first phase of the project is valued at an estimated Rs 2,966 crore and marks the beginning of one of the largest planned urban development initiatives in the region," NBCC said.
NBCC is into PMC and real estate businesses.
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