State-owned NBCC(India)Ltd has actually signed a preliminary arrangement with Pantheon Elysee Real Estate Development LLC to establish tasks in the UAE.
NBCC enjoys task management consultancy and realty.
In a declaration on Saturday, the business revealed that it has actually signed a broad structure Memorandum of Understanding (MoU) with Pantheon Elysee Real Estate Development LLC, a popular property gamer based in Dubai, UAE.
This collaboration strengthens NBCC’s dedication to enhancing its existence in the Middle East building and construction landscape.
The MoU was signed by Pradeep Sharma, ED (Engg) and Ali Abusafieh, Legal Director, Pantheon Elysee Real Estate Development LLC, in the existence of NBCC CMD K P Mahadevaswamy.
Under the regards to the MoU, NBCC and Pantheon will work together on the execution of top quality property, hospitality, and mixed-use realty jobs throughout the United Arab Emirates.
They plan to establish the tasks worth Dh 3 billion, the declaration stated.
The cooperation will take advantage of NBCC’s 6 years of engineering quality and job management competence together with Pantheon’s robust regional advancement portfolio.
NBCC has actually finished the India Pavilion in Dubai for the Dubai Expo 2020 at an expense of $46.8 million.
Released on November 8, 2025
