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

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.

NBCC sells commercial space worth Rs 821 crore in Delhi via auction
NBCC posts Rs 77.41 crore profit in April-June quarter of FY'24

"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.)

logo
PSU Watch
psuwatch.com