NBCC, recently signed a Memorandum of Understanding (MoU) with Jhansi Development Authority (JDA) to undertake development of land parcels in Jhansi, Uttar Pradesh. The MoU was signed by Shri Alok Yadav, IAS, Vice Chairman, JDA, and Shri Pradeep Sharma, Executive Director, NBCC. Shri Paritosh Goyal, General Manager, NBCC along with other key officials from both organizations attended the signing ceremony. Following the signing, a strategic meeting was held with Shri Bimal Dubey, IAS, Commissioner/Chairman, JDA, to discuss the project’s scope and implementation strategy.
This landmark agreement aims to transform the urban landscape of Jhansi through a self-sustainable development model. The project encompasses the construction of two major land parcels in Jhansi, with an approximate value of ₹710 Crore and also provides for scope of developing any other land parcel in future. The two identified land parcels include a land parcel of approx 12.28 acre. on Jhansi -Kanpur Highway, Jhansi and another land parcel of approx. 1.07 acre in the medical compound, college road, Kanpur Road , Jhansi.
Under the MoU, 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, ensuring the project’s sustainability and financial viability. NBCC’s role will include providing of project management consultancy (PMC) services and marketing consultancy services.
