NBCC (India) Expands into Dubai Real Estate and Signs Mumbai Port Redevelopment MoU
NBCC (India) has marked a significant milestone in its growth strategy by expanding into the international real estate market through its wholly owned subsidiary, NBCC Overseas Real Estate LLC. The subsidiary has acquired a prime land parcel measuring 14,776.80 square feet in Dubai Mainland for AED 15 million. This strategic acquisition will be developed into a mixed-use project, marking NBCC’s first overseas venture.
Separately, NBCC has received in-principle approval from the Mumbai Port Trust to serve as the executing agency for the ambitious redevelopment of the Mumbai Port. The company will be responsible for planning, design, execution, and supervision of various projects, including the construction of a CGO Complex, an iconic building, a multi-level car parking facility, and an international convention center. Additionally, NBCC will handle the maintenance of port infrastructure.
On 23 December 2025, NBCC signed a Memorandum of Understanding (MoU) with the Mumbai Port Authority for the development of a CGO Complex on 25 acres of Mumbai Port land. The project will be executed on a turnkey, deposit-work basis, with NBCC serving as the project management consultant. This MoU is a testament to NBCC’s expertise and commitment to delivering high-quality infrastructure projects.
NBCC (India) operates in three major segments: project management consultancy, real estate, and engineering procurement and construction. As of September 2025, the Government of India held a 61.75% stake in the company. NBCC’s strong financial performance further underscores its capability to undertake large-scale projects. In the second quarter of FY26, the company reported a consolidated net profit of Rs 156.68 crore, a 25.21% increase from the same period in FY25. Revenue from operations also saw a robust 18.99% rise to Rs 2,910.19 crore.
The expansion into Dubai and the redevelopment of the Mumbai Port are strategic moves that will not only enhance NBCC’s portfolio but also solidify its position as a leading player in the Indian and international real estate markets. These initiatives align with NBCC’s vision to deliver sustainable and innovative solutions for urban development and infrastructure enhancement.
