NCC is reportedly in discussion to divest stake in some real estate projects, including those in Bengaluru, Kakinada and Hyderabad, to fuel its business expansion plans.
While the company added orders worth Rs 2,000 crore in the first quarter, it is expecting to see addition of new orders worth over Rs 10,000 crore this fiscal and a topline growth of about 10 per cent.
NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.