you are here: HomeNewsNbcc
nbcc
Jump to
323 Results Found
  • Jaypee Infratech case | NBCC and Suraksha Realty submit revised resolution plans Apr 08, 2021 09:45 AM IST

    Jaypee Infratech case | NBCC and Suraksha Realty submit revised resolution plans

    In a judgment delivered on March 24, the Supreme Court had said the IRP can invite modified or fresh resolution plans only from Suraksha Realty and state-run NBCC.

  • NBCC seeks one-month extension from SC to submit revised resolution plan for Jaypee Infra Apr 05, 2021 05:48 PM IST

    NBCC seeks one-month extension from SC to submit revised resolution plan for Jaypee Infra

    In its application submitted before the Supreme Court, it says that there has been ‘significant commercial impact’ on the operations of the corporate debtor on account of the COVID-19 pandemic and that a ‘cash flow’ imbalance may arise due to non-availability of Rs 750 crore.

  • NKG Infra gets Rs 1,356 crore contract from NBCC for redevelopment of Netaji Nagar Mar 27, 2021 09:35 PM IST

    NKG Infra gets Rs 1,356 crore contract from NBCC for redevelopment of Netaji Nagar

    The work has been awarded on EPC (Engineering, Procurement and Construction) basis.

  • NCR-based Gaurs Group to complete 10,964 Amrapali units; NBCC awards tender worth Rs 2,124 crore Mar 25, 2021 09:00 PM IST

    NCR-based Gaurs Group to complete 10,964 Amrapali units; NBCC awards tender worth Rs 2,124 crore

    The group’s wholly-owned subsidiary, Gaursons Hitech Infrastructure Pvt Ltd, to execute the projects

  • Jaypee Infratech case: Homebuyers fret but legal experts applaud Supreme Court verdict Mar 24, 2021 07:45 PM IST

    Jaypee Infratech case: Homebuyers fret but legal experts applaud Supreme Court verdict

    Homebuyers living in rented houses and paying EMIs for a decade are disappointed that the process seems to go on and on, but legal experts say that Supreme Court has done well to settle complex issues involving conflicting interests, which will help consumers.

  • Buy NBCC; target of Rs 45: Geojit Feb 25, 2021 12:14 PM IST

    Buy NBCC; target of Rs 45: Geojit

    Geojit is bullish on NBCC has recommended buy rating on the stock with a target price of Rs 45 in its research report dated February 23, 2021.

  • Jaypee homebuyers say NBCC remains committed to the resolution plan Feb 23, 2021 08:21 PM IST

    Jaypee homebuyers say NBCC remains committed to the resolution plan

    Buyers say the Supreme Court order on the Jaypee matter is awaited; construction may begin within four to five months after the order is received.

  • Hold NBCC; target of Rs 35: ICICI Direct Feb 18, 2021 02:43 PM IST

    Hold NBCC; target of Rs 35: ICICI Direct

    ICICI Direct recommended hold rating on NBCC with a target price of Rs 35 in its research report dated February 17, 2021.

  • Delhi HC declines to interfere with East Kidwai Nagar redevelopment project Feb 11, 2021 06:51 PM IST

    Delhi HC declines to interfere with East Kidwai Nagar redevelopment project

    The high court also observed that while decentralisation of offices was the need of the hour, it cannot be said that there was total prohibition on relocation of central PSU offices within Delhi at present, making the present project illegal.

  • EXCLUSIVE | Amrapali’s 37 residential, 6 commercial units completed by NBCC, to go on sale soon Jan 16, 2021 03:44 PM IST

    EXCLUSIVE | Amrapali’s 37 residential, 6 commercial units completed by NBCC, to go on sale soon

    These units, which include villas and penthouses, are in Noida and Greater Noida. The price has not been decided yet but the 37 residential units are likely to be sold for Rs 40 to 45 crore.

  • SC directs IBA, banks to meet court-appointed receiver to chalk out proposal for financing incomplete Amrapali projects Jan 04, 2021 10:14 PM IST

    SC directs IBA, banks to meet court-appointed receiver to chalk out proposal for financing incomplete Amrapali projects

    The Supreme Court’s direction came after the receiver R Venkatramani informed the court that he was not getting adequate response from the banks regarding his proposal for financing Amrapali projects.

  • NBCC to raise Rs 360 crore from auction of commercial space around Lucknow’s Gomti Nagar railway station Nov 23, 2020 09:16 PM IST

    NBCC to raise Rs 360 crore from auction of commercial space around Lucknow’s Gomti Nagar railway station

    The project also offers residential development of 8.5 acres which will be leased by RLDA.

  • Why NBCC's giant order book inspires limited confidence Nov 19, 2020 10:34 AM IST

    Why NBCC's giant order book inspires limited confidence

    NBCC’s order book more than tripled in five years to FY20. But its revenues lagged on slow execution and weak asset monetisation

  • Interview: NBCC’s current order book is worth Rs 71,000 crore, says CMD PK Gupta Oct 19, 2020 03:36 PM IST

    Interview: NBCC’s current order book is worth Rs 71,000 crore, says CMD PK Gupta

    COVID-19 has impacted project execution as well as revenues; Steps are in place to enhance workforce at all sites, including Amrapali projects.

  • Amrapali case: SC directs RBI to ensure that banks provide funding for stuck projects Sep 21, 2020 07:36 PM IST

    Amrapali case: SC directs RBI to ensure that banks provide funding for stuck projects

    The Supreme Court also directed homebuyers to clear their dues by October 31, failing which the court receiver may be compelled to cancel their allotments

  • Exclusive: Around Rs 500 crore available for construction of stuck Amrapali projects, says NBCC; more funding expected Sep 03, 2020 06:06 PM IST

    Exclusive: Around Rs 500 crore available for construction of stuck Amrapali projects, says NBCC; more funding expected

    NBCC has to generate Rs 8,000 crore to complete all stalled Amrapali projects within three years. Around 50 percent of the amount is to be paid by homebuyers; part of the money is expected to come from unsold inventory and from the sale of Floor Area Ratio

  • Amrapali case: SC asks Centre to step in to reduce interest rate for funding stalled projects Aug 31, 2020 05:36 PM IST

    Amrapali case: SC asks Centre to step in to reduce interest rate for funding stalled projects

    SBICAP informs SC that it may be difficult to fund Amrapali projects below 12 percent interest

  • Work on 14,000 Amrapali units in progress; handover of 160 units in September, says NBCC Aug 24, 2020 08:25 PM IST

    Work on 14,000 Amrapali units in progress; handover of 160 units in September, says NBCC

    Work on all projects are likely to be completed within 9 to 36 months. Completion depends on timely deposit by homebuyers and arrangement of funds from other sources, says NBCC CMD PK Gupta.

  • NBCC share price gains after bagging Rs 204-crore orders in Seychelles Jul 28, 2020 09:40 AM IST

    NBCC share price gains after bagging Rs 204-crore orders in Seychelles

    The company has bagged orders for the construction of police headquarter and attorney general’s office in Seychelles.

  • NBCC India bags orders worth Rs 432 crore in June Jul 08, 2020 01:00 PM IST

    NBCC India bags orders worth Rs 432 crore in June

    It received an order worth Rs 284.63 crore from BHEL for construction works of natural draught cooling towers for Package -1 and Package – 2 of 5X800 MW Yadadri supercritical thermal power project, according to a regulatory filing by the company.

  • SBICAP Ventures considering 10 incomplete projects of Amrapali: Sources Jun 18, 2020 07:48 AM IST

    SBICAP Ventures considering 10 incomplete projects of Amrapali: Sources

    At the Amrapali case hearing on June 3, SBICAP Ventures had informed the Supreme Court that it would create a Special Purpose Vehicle (SPV) with the court receiver and appoint a CEO to take over the construction of stalled projects in Noida and Greater Noida.

  • NBCC to handover 1,000 Amrapali units by year-end; 10,000 by June 2021 Jun 15, 2020 06:26 PM IST

    NBCC to handover 1,000 Amrapali units by year-end; 10,000 by June 2021

    The estimated cost of completion of all 40,000-odd pending units of Amrapali is around Rs 8,500 crore

  • Around 500 homes in Jaypee projects likely to be handed over within 3 months Jun 09, 2020 07:15 PM IST

    Around 500 homes in Jaypee projects likely to be handed over within 3 months

    Construction work is currently being overseen by the interim monitoring committee

  • Amrapali case: SC asks govt to consider granting a Rs 500 crore loan to complete stalled projects May 22, 2020 09:03 PM IST

    Amrapali case: SC asks govt to consider granting a Rs 500 crore loan to complete stalled projects

    The court receiver has suggested that the GST authorities be directed to waive GST on construction of the Amrapali projects. The next date of hearing is scheduled for May 27

  • Jaypee Infratech case: NCLAT gives conditional go-ahead to NBCC to implement resolution plan Apr 22, 2020 07:56 PM IST

    Jaypee Infratech case: NCLAT gives conditional go-ahead to NBCC to implement resolution plan

    Sources said that while no construction can begin immediately due to the COVID-19 situation, there will now at least be an interim arrangement in place to start the ball rolling.

Sections