NBCC Enters Dubai Real Estate Market with Prime Land Acquisition

New Delhi: NBCC (India) Limited, a leading public sector construction and real estate company, has made its first international real estate move by acquiring a prime land parcel in Dubai, UAE, through its wholly-owned subsidiary NBCC Overseas Real Estate LLC.

The purchased land spans 14,776.80 sq. ft. and is valued at AED 15 million. The development is planned as a mixed-use project, marking NBCC’s expansion beyond India and entry into the global real estate market.

According to company officials, the acquisition aligns with NBCC’s core business operations and strategic objective of diversifying into international real estate. The project is expected to enhance NBCC’s presence in the UAE and contribute to its long-term growth.

The information has also been disclosed on NBCC’s official website: NBCC Announcements.

Deepti Gambhir, Company Secretary of NBCC, confirmed that the acquisition is part of the company’s normal course of business and further reinforces its ambition to become a global real estate player.