Joint Venture27 Nov 2024, 11:26 pm
HUDCO Signs MoU with NBCC for Institutional Complex Development in NOIDA
AI Summary
Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with NBCC (India) Limited on 27th November, 2024 for the development of a 10-acre land parcel owned by HUDCO at NOIDA. The project aims to create an Institutional complex with world-class amenities, having approximately 8.71 Lakh sq ft. of built-up area. The complex will consist of office space, studio apartments, conference space, retail & common facilities, and NBCC will undertake the execution of the project from concept to commissioning.
Key Highlights
- HUDCO and NBCC sign MoU for 10-acre land development in NOIDA.
- The project aims to create an Institutional complex with world-class amenities.
- Approximately 8.71 Lakh sq ft. of built-up area is expected.
- NBCC to undertake the execution of the project from concept to commissioning.
- The MoU was signed by HUDCO and NBCC executives in the presence of their respective CMDs.