Published On:November 4 2011
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NCC plans 2.5-million sft projects in South
NCC Urban Infrastructure Limited is lining up over 10 residential and commercial projects, together with a built-up area of 2.5 million sft, in Bangalore, Chennai, Hyderabad and Kochi.
The company is in the process of launching a 100-acre integrated township, enveloped with commercial space, in Visakhapatnam, besides a 150-unit apartment venture in Guntur city shortly.
On the company’s maiden overseas project, NCC Harmony, a twin-tower project of 2.3-million sft coming up at the Dubai Biotechnology and Research Park, Alluri said the project was going slow because of the Dubai financial crisis. The company had invested around Rs 150 crore in the project and raised the rest through sales.