NBCC (India) Limited has reached a settlement with the Government of NCT of Delhi (GNCTD) to resolve a long-pending land dispute concerning 42.46 acres in Sultanpur/Ghitorni village, Delhi. As per the terms of the settlement, the 42.46-acre land parcel will be equally divided between NBCC and GNCTD, with NBCC receiving a share of 21.23 acres. GNCTD will execute a perpetual lease deed in favor of NBCC for its share of the land. This settlement grants NBCC development rights in accordance with the Master Plan for Delhi (MPD-2021), allowing for sub-leasing and mixed-use development under city zoning regulations. Further details are available on the company's website.