News
NBCC signs annual MoU with Urban Affair ministry
Navratna CPSE National Buildings Construction Company (NBCC) has signed a memorandum of understanding (MoU) with the Ministry of Urban Development for the FY 2015-16. The annual MoU was signed by Madhusudan Prasad, Secretary (UD),on behalf of the ministry and Anoop. K. Mittal, CMD of the NBCC.
The MoU for 2015-16 sets out certain performance targets for the company based on financial parameters, dynamic parameters, sector-specific and enterprise-specific parameters. While the sales turnover has been targeted at Rs.4,600crore, new order during the year is aimed at Rs.6,500 crore and gross operating margin rate for the company has been set at 11.20 per cent.
CBRE facilitates Rs 85 crore bungalow deal
New Delhi, August 8, 2022 – CBRE South Asia Pvt. Ltd, recently facilitated one of the biggest residential transactions in...
Smartworks adds 7 lakh sq.ft. Vaishnavi Tech Park in Bengaluru to its portfolio
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With 50 bps hike, repo rate at pre-Covid level, home loan set to move northwards
August 5, 2022: The Reserve Bank of India on Friday raised the key lending rate, the repo rate, by 50...
Jaypee Greens Kalypso Court gets OC, becomes first ‘rehabilitated project’ to be completed under the aegis of U.P. RERA
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Yubi launches Real Estate and Infra Financing platform, Yubi Build
Yubi (formerly CredAvenue), has announced the launch of its real estate and infrastructure financing platform, Yubi Build. Yubi Build aims...
After two years, 35% of companies see offices back in almost full swing: Survey
August 4, 2022: According to a C-Suite Survey conducted by Colliers and Awfis, about 35% of the occupiers have seen...
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