Management tried to address the key concerns pertaining to the execution of its 3 redevelopment projects, namely Naurojii Nagar, Netaji Nagar and Sarojini Nagar. NBCC has already awarded tenders for Nauroji Nagar to NCC (Rs19.5bn); Netaji Nagar Package1 (Rs10.4bn) to Shapoorji Paloonji and Sarojini Nagar Package1 to Girdhari Lal Constructions (Rs8.5bn). Over the past six months, NBCC has tendered projects worth ~Rs100bn to the EPC contractors and expects to order an additional ~Rs150bn in FY19. In terms of commercial sales, NBCC has already monetized Rs22-25bn from the sale of commercial properties (in less than six months) in Nauroji Nagar. East Kidwainagar project (~Rs53bn) is...