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NBCC (India) buys 14,777 sq ft in Dubai for $4.1M, its first major overseas real estate move.
NBCC (India) Ltd has acquired a 14,776.80 sq ft plot in Dubai for AED 15 million through its subsidiary NBCC Overseas Real Estate LLC, marking its first major international real estate move.
The land, located in Dubai Mainland, will be developed into a mixed-use project, signaling the state-owned company’s strategic expansion beyond India.
The acquisition, disclosed in a regulatory filing, reflects NBCC’s broader effort to diversify its portfolio and enter high-growth global markets.
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NBCC (India) compra 14.777 pies cuadrados en Dubai por $4.1M, su primer gran movimiento inmobiliario en el extranjero.