NBCC Share Price in Focus; Acquires Mixed-Use Land Parcel in Dubai for AED 15 Million

State-owned NBCC (India) Ltd has purchased a land parcel in Dubai for AED 15 million, according to a regulatory filing. The acquisition is part of the company’s plan to begin real estate activities outside India. 

Size and Location of the Plot 

The land parcel measures 14,776.80 sq ft and is located in Dubai Mainland. NBCC said the site will be used for a mixed-use development.  

The company has not disclosed further details on the project design, construction schedule or total development cost at this stage. 

Entry Through Overseas Subsidiary 

The transaction has been executed through NBCC Overseas Real Estate LLC, a wholly owned subsidiary of NBCC (India) Ltd.  

The company stated that this subsidiary has been formed to handle its overseas real estate operations, marking the start of its international property business from Dubai. 

NBCC’s Core Operations 

NBCC is primarily engaged in project management consultancy and real estate development. Its domestic operations include residential and commercial projects, redevelopment work and consultancy assignments, mainly for government and public sector clients.  

Read More: NBCC and Mumbai Port Authority Signs MOU for the Development of CGO Complex! 

NBCC Share Price Performance  

On December 26, 2026, at 9:18 AM, NBCC Share Price is trading at ₹117.39, a 1.39% increase from the previous closing price. 

Conclusion 

With the purchase of a 14,776.80 sq ft land parcel, NBCC has initiated its overseas real estate operations through a subsidiary-led structure. The acquisition represents a limited-scale entry into the Dubai property market, with further details on development plans yet to be announced. 

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