3.50 (3.23%) National Buildings Construction Corporation (NBCC) is intending to foray into new business venture of e-commerce. The services which NBCC will render comprises of sale of built-up properties of NBCC - Real Estate business, Government Departments, Financial Institutions and Private Developers. The sale of properties belonging to private developers shall be subject to its due diligence in respect of title of land, approval of drawings from statutory bodies, quality and cost of building and its financing etc.
NBCC will, in this new venture also render their services as consultant / lender’s engineer to different banks and financial institutions for project appraisal, monitoring of progress and assisting/advising them for sanctioning the loan and releasing the installments.
NBCC 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.