NBCC Goes Worldwide: State-Owned Builder Enters Dubai Realty, Signs Major Mumbai Port Redevelopment Deal

NBCC launches Dubai estate operations with a mixed-use project while partnering Mumbai Port Authority to develop a 25-acre CGO Complex.

NBCC (India) has begun its worldwide real estate operations in Dubai through NBCC Overseas Real Estate LLC (a wholly owned subsidiary). For AED 16 million, which includes AED 1 million paid to DLD, the broker, and additional fees, the subsidiary acquired a piece of land in Dubai Mainland for a mixed-purpose development.

The project is expected to generate between AED 58 and 60 million in revenue, with a Gross floor area of 51,718 square feet and a configuration of G + 2P + 8 floors.

The Mumbai Port Authority (MbPA) board and the company signed a memorandum of understanding (MoU) for the construction of the CGO Complex on Mumbai Port's property (roughly 25 acres) close to Cotton Green Depot, according to a separate announcement.

As part of this partnership, MbPA will enable the use of port land assets, while NBCC will handle project management, redevelopment, and infrastructure execution.