State-owned NBCC (India) Ltd has officially secured ₹775 crore redevelopment contracts from the Delhi Development Authority (DDA) for comprehensive redevelopment of staff quarters in New Delhi. According to CNBC TV18, the contracts have been formally awarded to NBCC following the signing of Memorandums of Understanding (MoUs) for the two projects. The company has signed two separate MoUs with DDA for redevelopment of staff quarters located at Old Rajinder Nagar (ORN) and Safdarjung Development Area (SDA), New Delhi.
The projects will involve development of a total built-up area of 1.66 lakh square metres across the two sites, as reported by The Times of India. Currently, 117 dwelling units at Old Rajinder Nagar and 152 dwelling units at Safdarjung Development Area are being used as staff quarters by DDA. NBCC will act as the Project Management Consultant and implementing agency, overseeing execution from concept to commissioning.
The redevelopment will follow a self-sustainable model wherein a portion of the developed built-up area will be sold through a transparent process, and the proceeds will be utilised to finance the project, according to The Times of India. The remaining built-up area, as decided by DDA, will be handed over for staff use. NBCC's scope of work includes comprehensive master planning of about 4 hectares at each location, preparation of Detailed Project Report (DPR) with cost and revenue models, securing statutory approvals in line with MPD-2021 and CPWD norms, architectural and engineering design, tendering and EPC-based construction, third-party quality audits, and completion and commissioning.
This initiative represents NBCC's entry into the redevelopment segment with DDA, positioning the company as a key player in sustainable urban transformation in Delhi. The contracts, valued at ₹775 crore (excluding GST), are expected to drive significant urban redevelopment and optimal utilisation of valuable land assets in the capital. The projects mark an important step towards sustainable urban redevelopment and demonstrate the collaboration between DDA and NBCC in creating world-class architecture and state-of-the-art amenities in Delhi, as confirmed by CNBC TV18.
