Joint Venture9 Sept 2025, 02:41 pm
NBCC (India) Ltd Signs MoU with Nagpur Metropolitan Region Development Authority for 'Development of Naveen Nagpur'
AI Summary
NBCC (India) Limited has signed a Memorandum of Understanding (MoU) with the Nagpur Metropolitan Region Development Authority (NMRDA) for the development of Naveen Nagpur. The MoU was signed on 08.09.2025, with NBCC appointed as the Project Management Consultant for the newly envisioned business district. The district will be spread across 1,710 acres, featuring state-of-the-art infrastructure and focusing on building commercial and residential developments. The project is set to roll out in phases over the years, marking a significant step in advancing Naveen Nagpur as a planned Business and Finance Centre.
Key Highlights
- NBCC (India) Limited and Nagpur Metropolitan Region Development Authority (NMRDA) signed an MoU for the 'Development of Naveen Nagpur'
- NBCC appointed as the Project Management Consultant for the newly envisioned business district
- The business district will be spread across 1,710 acres, with 1000 acres for commercial establishments and 710 acres for future expansion
- The project will feature state-of-the-art infrastructure and focus on building commercial and residential developments
- The project is set to roll out in phases over the years, marking a significant step in advancing Naveen Nagpur as a planned Business and Finance Centre