NEW DELHI: National Buildings Construction Corporation (NBCC) and Jhansi Development Authority (JDA) have signed a memorandum of understanding (MoU) to develop two land parcels in Jhansi.
The company will develop two land parcels including an approximately 12.28 acre land on Jhansi-Kanpur Highway and another land parcel of about 1.07 acre in the medical compound, college road, Kanpur Road.
The approximate value of two land parcels is Rs 710 crore.
NBCC will be responsible for the comprehensive planning, design, construction and marketing of the developed areas. The development will be executed on a revenue generation model.
