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NBCC to launch affordable housing project in Delhi, NCR

Submitted by ishani on Monday, 13 October 200810 Comments

The National Building Construction Corporation (NBCC) is all set to launch its first residential project in Delhi and NCR by the end of this year. In Delhi, the project is likely to take shape near the Chhattarpur Mandir near Mehrauli. “At NBCC, we believe in constructing houses at affordable prices. Our approach is not going to be like the private sector, where profit is the only motive. We expect to sell these properties at cheaper rates than the private sector builders at the same locations,” said Ajay Garg, Director (Finance), NBCC.

According to officials, the procurement process for the residential project for Delhi and NCR is underway. “We will be in a position to state the site for the project in Delhi in the next two months. We are also in an advanced stage of land procurement in Gurgaon and Noida,” Garg said. Company sources said the houses in Delhi are expected to cost between Rs 20-40 lakh. “While our priority is to provide quality houses at affordable prices, the cost will depend on factors like the cost of land. Though we don’t strive for huge profits, we will keep the costs sustainable,” Garg said.

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10 Comments »

Shivani Sarin said:

But how can we know as to when as a customer , we can apply for the booking.

- 19 November 2008 at 1:08 pm

Anil Kumar said:

When can we apply and how?? Please let us know the procedure.

- 13 April 2009 at 4:00 pm

mustaq ahmed said:

how can apply this when we will get form where pl give me detail and term and condition

- 2 July 2009 at 3:44 pm

Bharat said:

how can apply this when we will get form where pl give me detail and term and condition

- 7 August 2009 at 2:01 pm

Swapan Mazumdar said:

Dear Ishani (Poster),

I am guessing that the company in the context is http://www.nbccindia.com/, a govt. of India enterprise.

Your post is certainly attracting good attention however not realistic it appears.

House is either independent or semi-detached and is different from Flat or Apartment which has communal areas.

I would not believe on such promises, and hope that information shared to public are authentic and credible.

- 19 September 2009 at 8:49 pm

satyam prakash said:

Date
12/04/2010
Dear Sir,
Let me know recently your khekra project phase 1 draw copleted.When work will be start on this project and final possions will be given?.
2nd thing what is future master plan of this project?.Is it under NCR?.Pl clear all points.
Regards,
satyam prakash

- 12 April 2010 at 12:02 pm

tarunn said:

how to apply and format for the same may please be supplied alongwith terms and conditions?

- 18 April 2010 at 9:55 pm

s ghosh said:

interested. how and when to apply. please informed.

- 25 April 2010 at 4:40 pm

boono said:

Please you must inform me about when form for the same to be available in the market. From where we can purchase and all the other detail regarding acheme.

- 29 April 2010 at 12:55 pm

keshav ram said: