NBCC secures Rs. 400-cr contract

    NBCC
    The government controlled real estate building major, NBCC India in a recent catch has bagged Rs 400 crore contract to reconstruct Manora Aamdar Niwas building at Nariman Point in Mumbai, said an industry insider, claiming that the Empowered Committee for reconstruction work of Manora Aamdar Niwas in its recent meeting decided that reconstruction work in the Nariman Point area in which NBCC would get project management consultancy (PMC) fee of Rs 6.5 per cent. Last month, NBCC announced that the Tourism Ministry has accepted its proposal for upgrading and maintenance of Purana Qila in the national capital. NBCC, which is under the administrative control of the Ministry of Housing and Urban Affairs representing three main segments -- Project Management Consultancy (PMC), Real Estate Development and EPC Contracting, he added.
     
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