NBCC registers historical performance in FY2023–24 (UPDATED)

NBCC has successfully completed about 19,000 units in just three years (including 2-years under the influence of COVID-19 pandemic). The company is committed to deliver another 19,000 units before March 2025.NBCC along with Aspire team has achieved sale of over 6,300 units in Amrapali Projects with total sale value of more than Rs. 3,650 Crore. WTC Nauroji Nagar: NBCC has sold commercial real estate inventory valuing approximately Rs. 6,500 Crore this FY as compared to around Rs. 2,100 Crore in last FY. As on date, the company has sold a total commercial inventory of over 30 lakh sqft through 25 e-auctions having a sale value of over Rs 12,100 Crore. The project is rapidly progressing towards completion with achievement of more than 95% of physical progress. Works Awarded: During the financial year 2023-2024, at a consolidated basis, the Company has awarded works of approx.Rs. 9,800 Crore pertaining to different projects compared to works of approx. Rs. 6,050 Crore last year, by registering a significant growth of about 62%. K P Mahadevaswamy, CMD of NBCC (India) Limited, emphasized the company's strength in the construction and infrastructure domain, particularly in redevelopment and land monetization endeavours. He highlighted, “With a robust order book and a strategic focus on redevelopment and land monetization, NBCC is well-positioned to not only sustain but also incrementally elevate its growth trajectory, propelling sustainable development forward in India's construction and infrastructure landscape.”

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