<div>India's state-run National Buildings Construction Corporation (NBCC) is betting on the redevelopment of millions of square feet of vacant government property as it plans to grow its $3.4 billion order book by 25 per cent a year to 2020. </div><div> </div><div>That is roughly twice the rate of growth over the last few years, chairman and managing director, Anoop Kumar Mittal, told Reuters. </div><div> </div><div>NBCC, 90 per cent owned by the state, builds and redevelops real estate and infrastructure. It is seen as a major beneficiary of the current government's spending push, making its stock a the top performer among India's state-owned firms.</div><div> </div><div>(Reuters)</div>
