NBCC Successfully Concludes E-Auction of Commercial Built-Up Space in New Delhi
NBCC (India) Limited has announced the successful conclusion of an e-auction for commercial built-up space located at Bharat Business Park in Sarojini Nagar, New Delhi. The transaction generated a substantial total sale value of approximately Rs. 5,779 crore.The sale involved the disposal of commercial built-up space measuring approximately 14 lac sq. ft. The asset was sold through an e-auction process, marking a significant transaction for NBCC's portfolio.
The total sale value realized from the e-auction was approximately Rs. 5,779 crore. Additionally, NBCC will receive a marketing fee equivalent to 1% of the total sale value.
The key financial details of the transaction are summarized below:
| Metric | Value |
|---|---|
| Total Sale Value | Approx Rs. 5,779 crore |
| Built-Up Area Sold | Approx 14 lac sq. ft |
| Marketing Fee | 1% of Sale Value |
| Location | Bharat Business Park, Sarojini Nagar, New Delhi |
NBCC Stock Price Movement
Shares of NBCC (India) Limited are edging higher to ₹93.58 as of 12:03 PM, rallying 0.57% in live trading. The stock maintains momentum, with nearly 6 million shares traded so far in the current session.Source:
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