NBCC bags Rs 5,828 crore project from AIIMS

NEW DELHI. NBCC  has bagged Rs 5,828 crore redevelopment project in the national project from AIIMS, involving construction of 3,000 flats.

 

 

 

"All India Institute of Medical Sciences (AIIMS) has issued letter of award dated November 23, 2015 to NBCC for the redevelopment of AIIMS Western Campus and Ayurvigyan Nagar, New Delhi involving construction of 3,000 flats in 2.5 years time with the financial implication of Rs 5828 crore," NBCC said in a regulatory filing

 

 

 

 

 

NBCC would be charging 10 per cent of the final project cost as project management consultancy (PMC) fee and 1 per cent for the marketing expenses on total fund realisation from the sale/lease of built up area, the filing added.

 

 

 

The MoU between AIIMS and NBCC will be signed after the project approval by the Union Cabinet. While, the proposal has been duly recommended in-principle by the standing finance committee of AIIMS in its 209th meeting, it added.Economic times