News
NBCC Conducts Auction For Unsold Inventory In WTC, New Delhi, Achieves Sale of Rs 1557.51 Crore
New Delhi: NBCC (India) Limited conducted 21st auction for the sale of commercial space in the World Trade Centre, Nauroji Nagar, New Delhi. The Company sold a total unsold commercial inventory of 3.91 lakh sq. ft. (approx.) having sale value of Rs. 1557.51 crore, out of which 2.97 lakh sq.ft. area having sale value of Rs. 1183.7 crore has been sold to private entities. This is the highest sale realisation in a single auction since launch of WTC, New Delhi in 2017.
As on date, the company has sold a total inventory of 21.7 lakh sq.ft. through open e-auction with a sale value of Rs. 8751.61 crore.
Ministry of Housing and Urban Affairs (MoHUA), Government of India has appointed NBCC (India) Ltd, a Navratna, Govt. of India Enterprise, as implementing agency for re-development of Nauroji Nagar, New Delhi. NBCC is authorized to market the commercial space on freehold basis.
-
News3 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News3 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News4 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News3 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News4 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances
-
News2 weeks ago
SKA Forays In Luxury Housing: Launches SKA Destiny One in Greater Noida, To Invest Rs 592 Crores
-
News4 weeks ago
Ashiana Housing Sells Rs 440 cr Worth 224 Flats at its Project Amarah in Gurugram
-
News3 weeks ago
Kyndryl opens new office in Bengaluru