NBCC INDIA

nbcc-observes-anti-terrorism-day

NBCC observes Anti-Terrorism Day

NBCC India Ltd, a Navratna CPSE, has observed Anti-Terrorism Day on May 21, 2020 at its Delhi office by administering a pledge against terrorism. P K Gupta, CMD; Rajendra Chaudhari, Director (Commercial); Neelesh Shah, Director (Projects) accompanied by other senior executives of NBCC administered the Anti-Terrorism Pledge at its Corporate Office, New Delhi.

22 May 2020
further-relief-to-amrapali-homebuyers-sc-nbcc-in-action-even-during-lockdown

Further relief to Amrapali homebuyers: SC & NBCC in action even during lockdown

Supreme Court constituted a committee under the Chairmanship of Ld. Court Receiver, R Venkataramani, on 09.04.2020, gives go-ahead asking NBCC to call tenders for the execution of three more Amrapali Stalled Projects of Noida-Greater Noida namely; Leisure Park Phase I & II; Leisure Park- River View and Kingswood in Smart City comprising 4489 units in all valued at Rs. 1046 cars. 

Earlier on 18 March and 20 March the Court Receiver gave nod to NBCC for tendering and execution of 9 projects of Amrapali in Noida-Greater Noida assuring timely release of funds. These projects included 08 projects in Greater Noida namely; Leisure Valley Villas, Verona, Adarsh Awas Yojna, Golf Homes, Dream Valley Ph 1 Villas and Phase II; Enchante, Terrace Homes and Tropical Garden in Centurian and Project Crystal Homes in Silicon at Noida- all comprising 27223 housing units worth Rs. 5769 Cr.

NBCC has started the process of tendering for all these projects even during the lockdown period with tenders for 07 Projects namely; Golf Homes, Centurian Park, Leisure Valley Villas, Crystal Homes, Dream Valley Phase-1 (Villas), Dream Valley – Enchante and Leisure Valley- Adarsh Awas Yojana, already floated. Tenders for further projects are in the process of floating and will be invited shortly irrespective of lockdown.  

This apart, execution work of 08 Stalled Amrapali Noida-Gr. Noida projects tendered and awarded earlier (7 at Noida and 1 at Greater Noida), comprising a total of 12169 Units and valuing Rs.634 crore, which has been started by the Company and scheduled to be completed in stages in another 12-24 months.

It may be underlined that Supreme Court, about a year ago, asked NBCC to execute two stalled projects, to begin with namely; Eden Park in Noida and Castle in Greater Noida comprising 618 Houses, which NBCC has already completed and handed over as well.

Thus action has been initiated for construction of a total of 44500 houses (including 618 houses already completed) out of about 46500 houses in Amrapali Project providing huge relief to stressed Homebuyers.

While expeditiously acting upon the issue of resolving the homebuyers’ crisis, the learned Court Receiver on behalf of Supreme Court, however, has also called upon the affected homebuyers to promptly deposit all their pending payments with the designated bank account provided by the SC for successful completion of the housing projects.

14 Apr 2020
nbcc-observes-anti-terrorism-day

NBCC observes Anti-Terrorism Day

By IndianMandarins 22 May 2020

NBCC India Ltd, a Navratna CPSE, has observed Anti-Terrorism Day on May 21, 2020 at its Delhi office by administering a pledge against terrorism. P K Gupta, CMD; Rajendra Chaudhari, Director (Commercial); Neelesh Shah, Director (Projects) accompanied by other senior executives of NBCC administered the Anti-Terrorism Pledge at its Corporate Office, New Delhi.

further-relief-to-amrapali-homebuyers-sc-nbcc-in-action-even-during-lockdown

Further relief to Amrapali homebuyers: SC & NBCC in action even during lockdown

By IndianMandarins 14 Apr 2020

Supreme Court constituted a committee under the Chairmanship of Ld. Court Receiver, R Venkataramani, on 09.04.2020, gives go-ahead asking NBCC to call tenders for the execution of three more Amrapali Stalled Projects of Noida-Greater Noida namely; Leisure Park Phase I & II; Leisure Park- River View and Kingswood in Smart City comprising 4489 units in all valued at Rs. 1046 cars. 

Earlier on 18 March and 20 March the Court Receiver gave nod to NBCC for tendering and execution of 9 projects of Amrapali in Noida-Greater Noida assuring timely release of funds. These projects included 08 projects in Greater Noida namely; Leisure Valley Villas, Verona, Adarsh Awas Yojna, Golf Homes, Dream Valley Ph 1 Villas and Phase II; Enchante, Terrace Homes and Tropical Garden in Centurian and Project Crystal Homes in Silicon at Noida- all comprising 27223 housing units worth Rs. 5769 Cr.

NBCC has started the process of tendering for all these projects even during the lockdown period with tenders for 07 Projects namely; Golf Homes, Centurian Park, Leisure Valley Villas, Crystal Homes, Dream Valley Phase-1 (Villas), Dream Valley – Enchante and Leisure Valley- Adarsh Awas Yojana, already floated. Tenders for further projects are in the process of floating and will be invited shortly irrespective of lockdown.  

This apart, execution work of 08 Stalled Amrapali Noida-Gr. Noida projects tendered and awarded earlier (7 at Noida and 1 at Greater Noida), comprising a total of 12169 Units and valuing Rs.634 crore, which has been started by the Company and scheduled to be completed in stages in another 12-24 months.

It may be underlined that Supreme Court, about a year ago, asked NBCC to execute two stalled projects, to begin with namely; Eden Park in Noida and Castle in Greater Noida comprising 618 Houses, which NBCC has already completed and handed over as well.

Thus action has been initiated for construction of a total of 44500 houses (including 618 houses already completed) out of about 46500 houses in Amrapali Project providing huge relief to stressed Homebuyers.

While expeditiously acting upon the issue of resolving the homebuyers’ crisis, the learned Court Receiver on behalf of Supreme Court, however, has also called upon the affected homebuyers to promptly deposit all their pending payments with the designated bank account provided by the SC for successful completion of the housing projects.

nbcc-donates-rs-06.04-crores-to-pm-cadres-fund

NBCC donates Rs 06.04 Crores to PM Cadres Fund

By IndianMandarins 03 Apr 2020

State owned NBCC (India) Limited and its subsidiaries have contributed Rs. 06.04 Crore from CSR Fund to the “Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund” (PM-CARES Fund) to support the fight against COVID-19.

urban-affairs-secretary-lauds-hudco,-nbcc-contribution-to-pm-cares

Urban Affairs Secretary lauds HUDCO, NBCC contribution to PM CARES

By IndianMandarins 30 Mar 2020

Durga Shankar Mishra (IAS:1984:UP), Secretary, Ministry of Housing and Urban Affairs has applauded HUDCO for its contribution of Rs 50 cr to the PM CARES FUND for COVID-19 related activities. Further, he underlined the contribution of Rs 67 lakh made from NBCC CSR & Rs 129.25 lakh from HSCC CSR in PM CARES FUND.

sc-appointed-committee-asks-nbcc-to-start-execution-of-nine-more-amrapali-projects

SC appointed committee asks NBCC to start execution of nine more Amrapali projects

By IndianMandarins 21 Mar 2020

Supreme Court constituted Committee under Chairmanship of R Venkataramani, Ld. Court Receiver, gives go ahead to NBCC asking it to immediately the start process of execution of nine more Amrapali Noida-Greater Noida stalled projects. Viz-a-viz this decision, the committee also assured timely release of funds required to complete the projects.

The projects, one located at Noida and the rest at Greater Noida, are valued at Rs. 5769 crore and comprises a total of 27223 housing units. Following this directive, NBCC has initiated the process of tendering.

It may be mentioned that SC, about a year ago, asked NBCC to start execution of two stalled projects to begin with, namely- Eden Park (Noida) and Castle (Greater Noida), comprising 618 Units which the company has already completed and handed over.

Apart from this, NBCC is presently executing further 8 projects- 7 at Noida and 1 at Greater Noida having a total of 12169 Units and valued at Rs. 634 crore. Thus, out of 45000 houses in these stalled projects of Amrapali Group, the process of completion of about 40000 housing units has began under the supervision of Learned Court Receiver which would be a great relief to stressed Homebuyers.

While expeditiously acting upon the issue of resolving the homebuyers’ crisis, the learned Court Receiver, on behalf of Supreme Court, has also called upon the affected homebuyers to promptly deposit all their pending payments with the designated bank account provided by the Court for successful completion of the housing projects.

andhra-pradesh-cm-and-nbcc-cmd-review-‘mission-build-ap’-initiative

Andhra Pradesh CM and NBCC CMD review ‘MISSION BUILD AP’ initiative

By IndianMandarins 16 Mar 2020

The progress of the ambitious ‘MISSION BUILD AP’ was reviewed at the meeting of State Level Monitoring Committee (SLMC) held recently in Vijayawada. The meeting was co-chaired by Andhra Pradesh Chief Minister Y S Jaganmohan Reddy, and P K Gupta, CMD, NBCC. It may be recalled that the ‘MISSION BUILD AP,’ an initiative of the AP Government, has been entrusted to NBCC. During the meeting, NBCC CMD apprised the CM of various post-study recommendations of NBCC with regard to monetization of the government’s land parcels spread across the state. The CM, while asking the officials to make optimum use of government land, appreciated efforts put in by the NBCC so far and also felicitated NBCC CMD in recognition.

nbcc-bags-digital-psu-award

NBCC Bags Digital PSU Award

By IndianMandarins 02 Mar 2020

NBCC has won “Digital PSU Award” conferred upon it by the Governance Now at its 7th PSU Award Event held on 19.02.2020 in New Delhi. The Company received the award for its outstanding contribution in adoption of maximum Digital Technology in the organization’s operations as envisioned in the Prime Minister’s Digital India initiative. Arjun Ram Meghwal, Union Minister of the Ministry of Heavy Industries and Public Enterprises accompanied by Shailesh Lodha, Indian Actor, gave away the award. R K Srivastav, GM (Admn.); Satish Nangia, GM (IT); Pradeep Sharma, GM (BD); Anurag Verma, AGM were also present during the event.

nbcc-implemented-rpl-program-at-iit-delhi-project-site

NBCC implemented RPL Program at IIT-Delhi Project Site

By IndianMandarins 21 Feb 2020

NBCC, a Navratna CPSE under the Ministry of Housing and Urban Affairs (MoHUA), has recently implemented the ‘Recognition of Prior Learning’ [RPL-4] program in collaboration with CSDCI and CII at the IIT-Delhi project site of NBCC. The workers were felicitated with certificates given away to them by the Senior officers of NBCC. Officers from CII, and CSDCI were also present at the program. Under Skill India Mission of Government of India, NBCC has been implementing RPL programs at various project sites across the country with a purpose to promote skill development and discover uncertified talented workforce in construction sector.

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