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NBCC (India) Limited · NBCC
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NBCC (India) Limited has signed a Memorandum of Understanding with the Government of Bihar to undertake four redevelopment projects in Patna, including residential and commercial spaces, with expected sale/lease proceeds of Rs. 5,152 crore.
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Full Announcement
NBCC (India) Limited has informed the Exchange regarding 'General Update: NBCC (India) Limited has signed Memorandum of Understanding with various departments of the Government of Bihar to undertake four redevelopment projects in Patna under Phase-I '.
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NBCC_02112026200441_IntimationBiharProjects02112026.pdf
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Ref. No.: NBCC/BSENSE/2026-27 November 02, 2026
National Stock Exchange of India Ltd. BSE Ltd.
Exchange Plaza, Phiroze Jeejeebhoy Tower,
Plot No C/1, G Block, Dalal Street,
Bandra –Kurla Complex Mumbai-400001
Bandra (E) -Mumbai-400051
Sub: General Update: NBCC (India) Limited has signed Memorandum of
Understanding with various departments of the Government of Bihar to
undertake four redevelopment projects in Patna under Phase-I
Sir,
This is to inform that, in the presence of the Hon'ble Chief Minister of Bihar, Shri
Samrat Choudhary, Shri K. P. Mahadevaswamy (CMD-NBCC), and other
dignitaries of the State Government, and officials of NBCC, Memorandum of
Understanding has been signed with various departments of the Government of
Bihar to undertake four redevelopment projects in Patna under Phase-I on a
self-financing basis without budgetary assistance from the State Government.
The proposed projects are as under:
I. Residential redevelopment of BSHB colony at Sector 5 (TV Tower), Patna
II. Residential redevelopment of BSHB colony at Sector 6 (Bahadurpur), Patna.
(Items (i) and (ii) together provide 3,331 residential flats for EWS, LIG, MIG
and HIG categories, with shopping complexes, clubhouses, gyms, community
facilities, office spaces and other supporting facilities)
III. Modern IT Tech Park for DIT Bihar at Gardanibagh, Patna (the first Tech
Park of the State)
IV. Hotels / commercial spaces at Water Resources Department site, Bailey
Road, Patna
Pursuant to the cabinet note of the Urban Development and Housing
Department, Govt. of Bihar, and MOUs, the expected sale/lease proceeds would
be Rs. 5,152 crore (approx.).
Further, the tentative project cost would be Rs. 2,000 crore (approx.) exclusive
of GST.
The PMC charges are 6% and the marketing fee is 1.25%.
Project-wise details would be provided in due course.
The same is available on the website of the company:
https://www.nbccindia.in/webEnglish/announcementNotices
This is for your information and record.
Thanking You
Yours sincerely,
For NBCC (India) Limited
Deepti Gambhir
Company Secretary
F-4984