NBCC, MTNL sign MoU for 1600 crore pounds land development project

NEW DELHI: NBCC (India) Limited and Mahanagar Telephone Nigam Limited (MTNL) have entered into a Memorandum of Understanding (MoU) to develop a major land parcel in New Delhi worth £1600 crore. The project will focus on transforming a prominent 13.88-acre land parcel on Pankha Road into state-of-the-art residential and commercial space.