
New Delhi: National Buildings Construction Corporation (India) Limited (NBCC) and Mahanagar Telephone Nigam Limited (MTNL) have signed a Memorandum of Understanding (MoU) on Wednesday here in New Delhi to develop a 13.88 acres land parcel of MTNL on Pankha Road, reports Dynamite News correspondent.
Rs 1,600 Cr project
The project aims to transform the land into a state-of-the-art residential/commercial space, leveraging the expertise and resources of both organizations. The project is valued at about Rs1600Cr.