NEW DELHI: NBCC (India) will development/re-develop projects in Goa worth approximately Rs 10,000 crore. These projects are to be taken up in phases.
In the first phase, six projects will be carried out with an estimated value of more than Rs 1,700 crore. The total plot area of these projects is around 53,000 sq meter, with a built-up area of approximately 1,85,000 sq meter.
The company will develop commercial spaces at Junta House, 18th June Road, and at Govt Garage, M.G. Road, Panjim, administrative building at Porvorim, circuit house and hotel at Altinho, a commercial and residential space for government quarters at St. Inez and a commercial space for mini convention centre at Tiswadi Patto.
In addition to the above projects, NBCC shall also be responsible for feasibility study and findings of redevelopment of Vasco bus stand.
The government of Goa would also retain a portion of built-up area in the above projects after meeting the project expenses. NBCC shall also work as project management consultant (PMC) for any other development works in which the state government is providing the funding.
