NBCC and Delhi Government Resolve Ghitorni Land Dispute
State-owned NBCC and the Delhi government have settled a long-running land dispute in south Delhi, agreeing to split the Ghitorni land parcel equally and unlock major development potential.
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42.46-acre Sultanpur–Ghitorni land to be divided equally
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NBCC to pay around ₹220 crore towards premium, interest, and ground rent
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Mixed-use project offers revenue potential of nearly ₹8,500 crore
New Delhi: After years of litigation, NBCC (India) Ltd and the Government of the National Capital Territory of Delhi (GNCTD) have reached a settlement over the disputed 42.46-acre Sultanpur–Ghitorni land parcel in south Delhi, paving the way for large-scale urban development.
As per the settlement, the land will be split equally between the two parties, with NBCC receiving 21.23 acres. The agreement brings clarity to ownership and development rights, which had remained unresolved for years.
Under the financial terms, NBCC will pay a one-time land premium of ₹135 crore, along with ₹15 crore as lump-sum interest, taking the base payment to ₹150 crore. Additionally, the company will pay arrears of ground rent calculated at 2.5% per annum from 2006. Including all dues, NBCC’s total financial outgo is estimated at around ₹220 crore.
The settlement also addresses land portions occupied by public entities. NBCC will transfer to GNCTD the premium and ground rent collected for areas used by the National Buildings Organisation (around 2.5 acres) and the Delhi Metro Rail Corporation (approximately 12.45 acres) up to 2025. The company will further reimburse ₹2.82 crore towards premium paid by DMRC, along with any premium collected from NBO for land already handed over.
Once the full payment is received, GNCTD will execute a perpetual lease deed in favour of NBCC for its share of the land. The agreement grants NBCC development rights under the Master Plan for Delhi 2021 (MPD-2021), permitting mixed-use development and sub-leasing in line with zoning regulations.
According to estimates, the proposed mixed-use project on the Ghitorni land parcel could generate revenue of nearly ₹8,500 crore, making it one of NBCC’s most significant development opportunities in the national capital.
The resolution not only ends a prolonged legal dispute but also enables monetisation of a prime land asset, offering a boost to NBCC’s future revenue pipeline while supporting planned urban development in south Delhi.
