NBCC (India) has executed Memorandum of Understanding (MoU) with Rashtriya Ispat Nigam (RINL) for redevelopment and monetization of 22.19 acres of Land Parcels at Maddilapalem, Visakhapatnam on February 26, 2021 on self sustainable model.
The company shall be paid Project Management Consultancy (PMC) fee 7% of the estimated/approved project cost or actual project cost (whichever is lower). The company shall also be paid Project Marketing fee 1% of actual sale proceeds on account of expenditure towards appointment of real estate consultant, publicity, marketing, sale etc of commercial and residential spaces. The value of the project shall be ascertained after preparation & finalization of Detailed Project Report (DPR).
NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.
Company Name | CMP |
---|---|
Dilip Buildcon | 457.00 |
Macrotech Developers | 1203.15 |
NBCC (India) | 137.00 |
Prestige EstatesProj | 1350.45 |
DLF | 903.00 |
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