NBCC (India) Ltd. has entered into a Strategic Memorandum of Understanding (MoU) with Pantheon Elysee Real Estate Development LLC for real estate projects in the United Arab Emirates (UAE). This partnership aims to foster collaboration in construction and development, focusing on residential, hospitality, and mixed-use projects. The MoU signifies NBCC’s expansion into the international market and its commitment to strategic growth through collaborative ventures. The agreement was formalized on November 10, 2025.
Strategic Partnership in UAE
NBCC (India) Ltd. has announced a strategic collaboration with Pantheon Elysee Real Estate Development LLC through a Memorandum of Understanding (MoU). The objective is to jointly undertake real estate development projects within the United Arab Emirates (UAE). The announcement was officially made on November 10, 2025.
Scope of Collaboration
This MoU outlines the intention of both parties to work together on various types of projects, including but not limited to joint development initiatives, comprehensive project management, infrastructure development and high-quality residential, hospitality, and mixed-use developments across the UAE. This partnership allows NBCC to expand its footprint in the international real estate market.
The said MoU is in the normal course of business of the company.
Source: BSE
