NBCC Partners with Goldfield Commercials for Australian Projects

NBCC (India) Ltd has signed a Memorandum of Understanding (MoU) with Australia-based Goldfields Commercials PTY Ltd for developing real estate and infrastructure projects in Australia.

The announcement was made through a regulatory filing dated November 6, 2025. The MoU was signed virtually between both companies.

Focus Areas

As per the filing, the agreement covers the identification, development, and execution of projects in sectors such as real estate, housing, infrastructure, and redevelopment.

Both parties plan to explore mutual areas of interest and work together on joint development, project management, and housing construction.

Next Steps

NBCC stated that project-specific MoUs or agreements will be signed separately as and when projects are finalised. 

These will be based on mutually agreed terms and conditions. The current MoU outlines a framework for potential cooperation rather than a binding project commitment.

About the Companies

NBCC (India) Ltd is a government-owned enterprise under the Ministry of Housing and Urban Affairs. The company is involved in project management consultancy, engineering, and real estate development.

It has previously executed projects in India and abroad, including in countries such as the Maldives, Mauritius, and Oman.

Goldfields Commercials PTY Ltd is an Australian firm engaged in real estate development. The partnership aims to combine NBCC’s project execution experience with Goldfields’ local presence and expertise in the Australian market.

Regulatory Filing and Disclosure

The company informed both the NSE and BSE about the signing. The update was issued by NBCC’s Company Secretary, Deepti Gambhir. 

Further details of the collaboration have been made available on the company’s official website under its announcements section.

Read More: NBCC India Share Price in Focus on Securing ₹79.11 Crore Projects from ICAI!

NBCC Share Price Performance 

As of November 7, 9:47 AM, NBCC (India) share price was trading at ₹110.96, a 0.60% down from the previous closing price.

Conclusion

The MoU represents the first step toward identifying potential real estate and infrastructure opportunities in Australia. Any future projects will be taken up through specific agreements once both companies finalise terms.

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