NBCC Preparing to build RERA approved Projects in J&K, says its Chairman

New Delhi, Feb 14: Shri Satish Chandra, IAS (Retd.), RERA Chairman, J&K on Friday disclosed that National Building Construction Corporation (NBCC) is most likely undertake housing and real estate projects in the UT of J&K.

Addressing a Panel Discussion on RERA Reforms in Housing Sector under the aegis of National Urban and Real Estate Development Conclave-2026 here Mr. Chandra added that RERA of J&K is in talks with its multiple agencies to effectively undertake approvals for a few real estate projects both in Jammu and Sri Nagar region for which parcels of land are being identified.

He, however, added that the NBCC is planning to effectively take part in constructing such housing projects after the details are worked out without disclosing much of details on this front.

Mr. Chandra has also added that RERA has been allotted office space both in Sri Nagar and Jammu to approve real estate projects in the two regions which currently number in five and lot of enthusiasm is being seen to construct such projects under the eyes of RERA regulations.