NBCC Developer
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NBCC Developer Projects in Gurgaon
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About NBCC Developer
NBCC Developer
NBCC is also designated as the implementing agency for executing projects under Jawaharlal Nehru National Urban Renewal Mission (JNNURM), Pradhan Mantri Gram Sadak Yojna (PMGSY), Solid Waste Management (SWM) and developmental work in North Eastern Region. Due to vast experience and quality of services rendered by NBCC, a number of Central Government Ministries and various State Governments are utilizing the services of NBCC as their extended engineering arm.
Recently, the Company has been notified as a Public Works Organization (PWO) explicitly, a construction agency covered under revised Rule 126 (2) of GFRs, as per which Government Department(s)/ PSUs and Autonomous Bodies can award the works to NBCC on nomination basis.
On the performance scale, NBCC has been performing remarkably well, over the last many years. NBCC is certified with ISO 9001:2008 from the Bureau of Indian Standards in respect of Project Management & Consultancy. Looking at its increased Real Estate activities, the Company is consistently engaged in increasing its land reserves and has already created a substantial land-bank across the country. NBCC�s excellent performance in various Techno-financial parameters over the last 5-6 years, led the Govt. of India to consider divestment and resulting offer of sale of equity shares leading to Listing of Company on Stock Exchanges. Healthy response from the investors by way of over subscriptions of NBCC's Initial Public Offer (IPO) on Stock Exchanges, has resulted in fixing the price of IPO by the Government at upper band and garnering Rs.125 Crore from the sale.