NBCC (India) has officially entered the international real estate market with the launch of operations in Dubai, marking a significant step in the company’s strategic global expansion. The wholly-owned subsidiary, NBCC Overseas Real Estate LLC, has acquired a land parcel in Dubai Mainland for AED 16 million, including AED 1 million allocated to government duties, brokerage, and associated costs. The site, spanning over 51,700 sq ft, is earmarked for a mixed-use development with a configuration of ground plus two podiums and eight floors, expected to generate revenues of approximately AED 58-60 million.
Industry experts note that NBCC’s overseas venture reflects growing confidence among Indian state-owned real estate developers in capturing value from international markets, leveraging both domestic expertise and the strong demand for well-planned, sustainable mixed-use projects in Dubai. “This move aligns with the globalisation of Indian construction capabilities, and sets a benchmark for delivering integrated developments with long-term value,” a senior urban planner observed. In parallel, NBCC has also strengthened its domestic presence through a strategic memorandum of understanding (MoU) with the Mumbai Port Authority (MbPA). Under the agreement, NBCC will provide project management, redevelopment, and infrastructure execution services for the CGO Complex located on approximately 25 acres of port land near Cotton Green Depot. The partnership aims to unlock the potential of underutilised port assets while improving public infrastructure and urban utility in a densely populated region.
The CGO redevelopment aligns with sustainable urban development principles, with NBCC expected to integrate modern planning techniques, climate-resilient infrastructure, and smart utility management. “Redeveloping port-adjacent land in Mumbai presents an opportunity to enhance civic amenities, optimise land use, and improve the urban environment for residents and businesses,” said an official from the real estate sector. This dual strategy expanding overseas while consolidating domestic projects positions NBCC as a prominent player capable of bridging Indian urban expertise with international real estate trends. In Dubai, the mixed-use project is expected to provide both residential and commercial solutions in a high-demand corridor, enhancing the city’s live-work-play ecosystem. Similarly, the Mumbai initiative seeks to transform underutilised land into efficient, sustainable infrastructure that benefits both public and commercial stakeholders.
As urban India faces increasing pressure to balance development with environmental and social equity, NBCC’s projects highlight a model of responsible growth. By combining overseas market entry with strategic domestic redevelopment, the company is setting a precedent for state-led sustainable urbanisation in India and abroad.
Also Read: Mumbai Powai to Get 13 Lakh Sq Ft JPMorganChase Office Tower
Mumbai NBCC Expands Overseas Real Estate Operations Launches Dubai Project
