State-owned construction major NBCC (India) Limited has taken a significant step towards expanding its international footprint by entering the overseas real estate market in Dubai, the company informed stock exchanges on December 24, 2025.
In a regulatory filing to the National Stock Exchange (NSE) and BSE, NBCC said that its wholly owned subsidiary, NBCC Overseas Real Estate LLC, has acquired a prime land parcel in Dubai Mainland for AED 15 million. The land measures 14,776.80 square feet and will be developed as a mixed-use project.
The acquisition marks the formal beginning of NBCC’s overseas real estate operations, with Dubai chosen as the launch market. According to the company, the purchase of the land parcel has been undertaken in the normal course of business.
NBCC added that the development will be executed through its Dubai-based subsidiary, reinforcing its strategy to diversify operations beyond India and tap into global real estate opportunities.
The company also stated that details of the transaction have been uploaded on its official website for public access.
Key Highlights:
- NBCC enters international real estate market via Dubai
- Land acquired through wholly owned subsidiary NBCC Overseas Real Estate LLC
- Land area: 14,776.80 sq ft
- Deal value: AED 15 million
- Location: Dubai Mainland
- Proposed use: Mixed-use development
Market Relevance:
The move signals NBCC’s intent to leverage its project execution expertise in global markets, particularly in the Middle East, where demand for mixed-use developments remains strong.
Stock Exchange Details:
- NSE Symbol: NBCC/EQ
- BSE Scrip Code: 534309
