NBCC sells commercial space worth Rs 821 crore in Delhi via auction 
News Updates

NBCC sells commercial space worth Rs 821 crore in Delhi via auction

NBCC has sold commercial properties worth Rs 821 crore at Nauroji Nagar in the national capital through an auction

PSU Watch Bureau

New Delhi: State-owned construction firm NBCC (India) Limited has sold commercial properties worth Rs 821 crore at Nauroji Nagar in the national capital through an auction.

In a statement on Wednesday, NBCC said it has conducted 20th auction for the sale of commercial space in the World Trade Centre, Nauroji Nagar, New Delhi.

"The company has sold 1.98 lakh sq ft built-up area for Rs 821.02 crore, out of which 1.23 lakh sq ft area having sale value of Rs 518.08 crore has been sold to private entities," it added.

"Further, as on date the company has sold 17.79 lakh sq ft through open e-auction having sale value of Rs 7,194.10 crore," NBCC said.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

REC completes post-issuance assurance for $500 million and JPY 61.10 billion green bonds

PESB recommends Rajesh Kumar for REC Ltd’s Director (Finance) post

Vamsi Rama Mohan Burra set to be next CMD of Power Grid

Braithwaite CMD Md Asad Alam resigns on health grounds; Railway Board waives off notice period

SAIL posts strong sales growth in Apr–Nov 2025 period