NBCC Expands into Dubai Real Estate, Acquires Prime Land for AED 15 Million
State-owned construction major NBCC (India) Limited has taken a significant step towards expanding its international footprint by entering the overseas real estate market in Dubai. The company informed stock exchanges on December 24, 2025, about this strategic move.
In a regulatory filing to the National Stock Exchange (NSE) and BSE, NBCC announced that its wholly owned subsidiary, NBCC Overseas Real Estate LLC, has acquired a prime land parcel in Dubai Mainland for AED 15 million. The land measures 14,776.80 square feet and will be developed as a mixed-use project.
The acquisition marks the formal beginning of NBCC’s overseas real estate operations, with Dubai chosen as the launch market. According to the company, the purchase of the land parcel has been undertaken in the normal course of business. NBCC added that the development will be executed through its Dubai-based subsidiary, reinforcing its strategy to diversify operations beyond India and tap into global real estate opportunities.
The company also stated that details of the transaction have been uploaded on its official website for public access. Key highlights of the acquisition include:
- NBCC enters the international real estate market via Dubai - Land acquired through wholly owned subsidiary NBCC Overseas Real Estate LLC - Land area: 14,776.80 sq ft - Deal value: AED 15 million - Location: Dubai Mainland - Proposed use: Mixed-use development
The move signals NBCC’s intent to leverage its project execution expertise in global markets, particularly in the Middle East, where demand for mixed-use developments remains strong. This strategic expansion aligns with the company's long-term growth plans and positions NBCC to capitalize on the robust real estate sector in Dubai.
For investors and stakeholders, the stock exchange details are as follows: - NSE Symbol: NBCC/EQ - BSE Scrip Code: 534309
NBCC (India) Limited is a leading construction and real estate development company in India, known for its high-quality projects and innovative solutions. With this acquisition, NBCC aims to establish a strong presence in the international market and further enhance its brand reputation globally.