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Harika Enjamuri

30th Mar · SEBI-Registered Analyst

NBCC Expands Global Footprint with $75 Million Seychelles Housing Project

NBCC
has secured an international affordable housing project in Seychelles valued at USD 75 million, marking a significant step in its global expansion strategy. The project is expected to be developed across 139 acres, featuring a mix of affordable social housing, premium villas, leisure & hospitality facilities, a sports arena, and supporting social infrastructure, reflecting a comprehensive urban development approach. This move builds on NBCC’s proven international execution capabilities, including its USD 130 million social housing project in the Maldives, and aligns with India’s broader push to strengthen infrastructure partnerships in the Indian Ocean region. While discussions around execution timelines and modalities continue, the project highlights NBCC’s growing role in overseas EPC opportunities and its ability to deliver large-scale, sustainable developments beyond domestic markets, potentially enhancing bilateral economic cooperation and long-term value creation. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.

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