NBCC (India) Ltd has been entrusted with leading Rajasthan’s ₹3,700-crore mega urban renewal project in Jaipur, with the state cabinet approving the development of the Rajasthan Mandapam Convention Centre, tech towers, luxury hotels, and integrated commercial-residential infrastructure on 95 acres along Tonk Road. Touted as a landmark initiative under the Viksit Rajasthan 2047 vision, the project positions Jaipur as a future national and global hub for conventions, business, and knowledge exchange.

₹635 crore of this amount will be provided by the state government, underscoring robust official support and long-term economic vision for the region.

The project’s scope is ambitious and future-oriented, with plans for the Rajasthan Mandapam Convention Centre to be developed on approximately 25 acres at a cost of ₹2,200 crore. The planned Rajasthan Mandapam, with over 2 lakh sq. mtr. of built-up area, is envisioned as a 7000-7,500-seat world-class convention destination modelled on the Bharat Mandapam in Delhi, which was also executed by NBCC.

The development will also include the establishment of dedicated towers for IT and global capability centers, the creation of luxury hotels on designated plots, and extensive green and commercial spaces, all guided by NBCC’s detailed master plan. The project will utilize a self-financing approach where proceeds from sales and leases of plots and built-up assets will fund major construction activities, reducing upfront fiscal burden on the public exchequer.

NBCC has already received work order of approx. Rs 202 crore from RIICO for providing project management consultancy services for the construction of Unity Mall (PM Ekta Mall) in Jaipur, Rajasthan. The Union finance ministry already approved the project under a special assistance scheme and sanctioned Rs 100 crore, for its construction. Planned over 20,000 sq mtr in the RIICO Fintech Park near Jaipur airport, the Unity Mall will have shops for every ODOP, GI (geographical indication), and other state products.