NBCC (India) Limited has reached a settlement with the Government of NCT of Delhi (GNCTD) to resolve a long-pending land dispute. The dispute concerned 42.46 acres in Sultanpur/Ghitorni village in Delhi. As per the settlement, the land will be equally divided between NBCC and GNCTD, resulting in a 21.23-acre share for NBCC. GNCTD will execute a perpetual lease deed in favor of NBCC.
Resolution of Land Dispute
NBCC (India) Limited announced on December 26, 2025, that a settlement has been reached with the Government of NCT of Delhi (GNCTD) concerning a long-standing land dispute. This agreement aims to resolve litigation related to a land area of 42.46 acres situated in Sultanpur/Ghitorni village in Delhi.
Key Terms of the Settlement
Under the terms of the settlement, the 42.46-acre Ghitorni land will be divided equally between NBCC and GNCTD. This division will result in a 21.23-acre share for NBCC. To formalize this arrangement, GNCTD will execute a perpetual lease deed in favour of NBCC.
Development Rights
The approved terms of the settlement will grant development rights to NBCC, allowing the company to proceed in accordance with the Master Plan for Delhi (MPD-2021). This includes permissions for sub-leasing and mixed-use development within the designated city zoning regulations. Further details are available on the company’s website.
Source: BSE
