NBCC (India) Limited has announced the incorporation of NBCC Overseas Real Estate LLC, a wholly-owned subsidiary in Dubai. This move, along with a significant renovation project and strong financial results, underscores the company's growing presence in the real estate and construction sectors.
Real EstateNbccConstructionDubaiFinancial ResultsReal EstateMay 18, 2025
NBCC Overseas Real Estate LLC, a wholly-owned subsidiary of NBCC (India) Limited, is focused on buying and selling real estate in Dubai, UAE.
NBCC (India) Limited was awarded a renovation project valued at approximately Rs 95.66 crore for the Sushma Swaraj Institute of Foreign Service in New Delhi.
The three key segments of NBCC (India) Limited's services are project management consultancy (PMC), engineering, procurement, and construction (EPC), and real estate development.
As of December 31, 2024, the order book value of NBCC (India) Limited stands at Rs 1,00,000 crore.
The stock of NBCC (India) Limited is up by 60 per cent from its 52-week low of Rs 70.82 per share.
The I-T department has provided clarity on the acquisition cost of real estate properties purchased before 2001 for LTCG calculations, which is now taxed at 12.5%.
Bengaluru records significant growth in industrial and logistics leasing, with 3PL driving the sector, according to CBRE's latest report.
India's office space demand is expected to surge, driven by shifts in demand characteristics, with engineering & manufacturing and BFSI sectors leading the way. Average transaction sizes are likely to decline, with volumes expected to move upwards.
Telangana Minister Ponguleti Srinivas Reddy has refuted claims that the real estate market in Hyderabad experienced a decline following the tenure of former Chief Minister Nara Chandrababu Naidu.
The Confederation of Real Estate Developers' Associations of India (CREDAI) is advocating for a 15% income tax rate on affordable housing projects. This move is aimed at making it more financially viable for developers to undertake such projects.
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