NBCC Secures ₹5,800 Crore Rajasthan Mandapam Project Approval
Filing Summary
NBCC (India) Ltd has received approval from the Rajasthan Cabinet for the development of the Rajasthan Mandapam Convention Centre and associated urban projects, with a revised project value of approximately ₹5,800 crore. The project, to be executed by NBCC, includes a convention centre, expo halls, IT/ITES office spaces, hotels, retail facilities, and a Natural History Museum. The development spans over 90 acres near Jaipur International Airport. NBCC plans to initiate tenders in April 2026, transitioning from planning to execution, ensuring adherence to quality and timely completion.
NBCC (India) Ltd has announced that the Rajasthan Cabinet has granted approval for the development of the Rajasthan Mandapam Convention Centre and related urban projects. The revised project value is approximately ₹5,800 crore. This approval follows an earlier intimation regarding a project value of ₹3,700 crore. The project will be executed through NBCC, with the Rajasthan State Industrial Development & Investment Corporation (RIICO) as the client.
The financial terms of the project indicate a total approved value of ₹5,800 crore, inclusive of GST. This reflects an increase from the previously stated amount, highlighting the expanded scope of the project. The project is part of NBCC’s regular business operations and will be implemented through a self-financing model to ensure financial sustainability.
The scope of the project includes the construction of the Rajasthan Mandapam Convention Centre, expo halls, Global Capability Centres (GCCs), IT/ITES office spaces, hotels, retail facilities, and a Natural History Museum. The development will cover more than 90 acres near Jaipur International Airport, with a total built-up area exceeding 94.53 lakh sq.ft. The convention centre will feature multiple auditoria, including the grand Padam Mandap with a seating capacity of approximately 6,500 persons, along with banquet halls and meeting rooms.
The project is strategically significant as it aims to create a mixed-use ecosystem combining business, tourism, culture, leisure, and social interaction. The development emphasizes connectivity, sustainability, and pedestrian-friendly public realms. The inclusion of a Natural History Museum and the revitalization of the Dravyawati riverfront into a public space highlight the project’s focus on ecological restoration and urban resilience.
NBCC plans to float tenders for the project in April 2026, marking the transition from planning to execution. The company is committed to maintaining high standards of quality and efficiency, ensuring timely completion of the project. The involvement of RIICO as the client underscores the collaboration between state agencies and NBCC in executing large-scale infrastructure projects.
RIICO is a government agency responsible for promoting industrial development in Rajasthan. It plays a crucial role in facilitating infrastructure projects that enhance the state’s industrial and economic landscape.
NBCC (India) Ltd is a public sector enterprise under the Ministry of Housing and Urban Affairs. It specializes in project management consultancy, real estate development, and EPC contracting. NBCC is known for executing large-scale infrastructure projects across India, focusing on transparency and efficiency.