NBCC (India) Ltd is targeting revenue of Rs 18,000 crore this financial year, with a focus on multiple real estate projects in south Delhi and redevelopment projects across the country, KP Mahadevaswamy, chairman and managing director, told ET. This would mark an increase from the Rs 14,000 crore revenue the state-run property developer is expected to have recorded in FY26. Mahadevaswamy said delays in approvals pushed redevelopment projects into FY27, impacting revenue generation. “A lot of redevelopment projects got delayed due to approval issues, but most of them are on track now and will reflect in the current year’s revenue,” he said.