India, Dec. 4 -- NBCC (India) Limited, a Navratna CPSE under the Ministry of Housing and Urban Affairs, has signed a Memorandum of Understanding with the Ghaziabad Development Authority (GDA) for the '642.82 crore redevelopment of the Tulsi Niketan Scheme Area. The MoU was formally signed by Shri Rajesh Kumar Singh, IAS, Secretary, GDA and Shri Pradeep Sharma, Executive Director (Engg.) & RBG-Head, Business Development Division, NBCC (India) Ltd., marking a major step towards modern, sustainable urban transformation in Ghaziabad.

The Tulsi Niketan Scheme Area, spread across more than 78,000 square metres and comprising close to 2300 residential units and 64 shops, will undergo a complete redevelopment based on a self-sustainable model. I...