NBCC (India) has received cabinet approval from the Government of Rajasthan for the development of the Rajasthan Mandapam Convention Centre and other urban development projects, with a revised project value of ₹5,800 crore. This marks a significant increase from the initial approval of ₹3,700 crore announced in August 2025.
The ambitious Rajasthan Mandapam project, located near Jaipur International Airport, will span over 90 acres with a total built-up area exceeding 94.53 lakh square feet. The master plan includes a convention centre, expo halls, Global Capability Centres (GCCs), IT/ITES office spaces, hotels, retail facilities, housing, a Natural History Museum, riverfront public spaces, a Unity Mall, and a Fintech plaza. The development aims to create a vibrant mixed-use ecosystem combining business, tourism, culture, leisure, and social interaction.
The project will be executed by NBCC through a self-financing model, ensuring financial sustainability while maintaining high standards of transparency and efficiency. The project is positioned as one of the most significant urban infrastructure initiatives in the region, promising substantial economic and social impacts.
NBCC plans to float tenders for the project in April, transitioning from planning to execution. The company is committed to timely delivery and adherence to the highest standards of quality and efficiency. The Rajasthan Mandapam Convention Centre will be developed as a world-class facility capable of hosting international conventions, exhibitions, cultural performances, and high-level events, featuring multiple auditoria, banquet halls, summit spaces, meeting rooms, and a concert arena.
The unveiling of the project was attended by Rajasthan’s Chief Minister, Shri Bhajan Lal Sharma, and other dignitaries, who presented digital views of the development. The event received an overwhelming response from business leaders and entrepreneurs, highlighting the project’s transformative potential and the state’s rapid progress under visionary leadership.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).