The MoU was signed at Trivandrum, Kerala by Mr B Abdul Nasar (IAS) Secretary KSHB and Pradeep Sharma, CGM (BD), NBCC in presence of K.P.M Swamy, Director (Commercial), NBCC and Ms. Tinku Biswal IAS Principal Secretary Housing and Revenue, Govt of Kerala. The approximate project cost is Rs 2000 Cr.