NBCC appointed consultant for Supertech's housing projects worth Rs 9,500 crore
National Company Law Appellate Tribunal (NCLAT) has appointed NBCC as a project management consultant to complete Supertech Ltd's 16 real estate projects at a cost of nearly Rs 9,500 crore. The work encompasses nearly 50,000 homes across four states and is expected to bring relief to numerous homebuyers.
NBCC would get a consultancy fee of 8% of the project cost.