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NBCC Set to Undertake RERA-Approved Projects in J&K, Says Chairman

Published: February 14, 2026 | Category: real estate news
NBCC Set to Undertake RERA-Approved Projects in J&K, Says Chairman

New Delhi, Feb 14: Shri Satish Chandra, IAS (Retd.), Chairman of the Real Estate (Regulation and Development) Authority (RERA) for Jammu and Kashmir, has announced that the National Building Construction Corporation (NBCC) is likely to undertake housing and real estate projects in the Union Territory of Jammu and Kashmir.

Addressing a Panel Discussion on RERA Reforms in the Housing Sector under the aegis of the National Urban and Real Estate Development Conclave-2026, Mr. Chandra revealed that RERA of J&K is in active discussions with multiple agencies to secure approvals for several real estate projects. These projects are expected to span both the Jammu and Srinagar regions, with parcels of land currently being identified for development.

While the NBCC is planning to play a significant role in constructing these housing projects, Mr. Chandra was cautious about divulging too many details at this stage. However, he emphasized that the NBCC's involvement is a clear indication of the government's commitment to boosting the real estate sector in J&K.

Mr. Chandra also mentioned that RERA has been allocated office space in both Srinagar and Jammu to facilitate the approval process for real estate projects. Currently, there are five such projects in the pipeline, and there is a growing enthusiasm among developers to construct these projects under the stringent regulations set by RERA.

The National Building Construction Corporation (NBCC) is a leading public sector enterprise in India, known for its expertise in construction and infrastructure development. The corporation has a rich history of undertaking large-scale projects across the country, and its entry into J&K is expected to bring a significant boost to the local economy and housing sector.

The involvement of NBCC in RERA-approved projects is a testament to the government's efforts to ensure transparency and accountability in the real estate market. RERA, established under the Real Estate (Regulation and Development) Act, 2016, aims to protect the interests of homebuyers and promote a healthy and robust real estate sector.

The initiative to undertake these projects in J&K is part of a broader strategy to enhance urban development and improve the quality of life for residents. With the support of NBCC and RERA, the government is poised to create a more sustainable and inclusive housing market in the region.

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Frequently Asked Questions

1. What is the role of NBCC in J&K's real estate sector?
The National Building Construction Corporation (NBCC) is planning to undertake RERA-approved housing and real estate projects in Jammu and Kashmir. This involvement is expected to boost the local economy and improve the housing sector.
2. What is RER
and how does it function in J&K? A: RERA, or the Real Estate (Regulation and Development) Authority, is a regulatory body established under the Real Estate (Regulation and Development) Act, 2016. In J&K, RERA is responsible for approving real estate projects and ensuring they comply with regulations to protect homebuyers' interests.
3. How many RERA-approved projects are currently in the pipeline in J&K?
Currently, there are five RERA-approved projects in the pipeline in Jammu and Kashmir. These projects are being developed in both the Jammu and Srinagar regions.
4. What is the significance of NBCC's involvement in these projects?
NBCC's involvement in RERA-approved projects in J&K is significant because it brings expertise and a track record of successful construction projects. This partnership is expected to enhance the quality and transparency of real estate development in the region.
5. How will these projects benefit the residents of J&K?
These projects are expected to benefit the residents of J&K by providing better housing options, creating jobs, and boosting the local economy. The RERA regulations ensure that these projects are developed with transparency and accountability, protecting the interests of homebuyers.