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NBCC (India) signs MoU with Raipur SMART City

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Capital Market
Last Updated : Feb 26 2019 | 7:50 PM IST
NBCC (India) has signed a Memorandum of Understanding with Raipur SMART City (RSCL).

RSCL has appointed NBCC (India) as their Executing Agency for the various infrastructure works under Raipur SMART city at Raipur; on 'Deposit work basis', NBCC will charge project management consultancy (PMC) fees of 8% on the actual cost of work.

For projects on self sustainable basis, NBCC will charge additional 2% of sale proceeds towards marketing and sale of Monetization of land/built up spaces.

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First Published: Feb 26 2019 | 3:27 PM IST

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