NBCC Sells 2.23 Lakh Sq Ft in Delhi's World Trade Centre
By Rediff Money Desk, NEWDELHI Dec 18, 2023 12:59
NBCC (India) Ltd has sold 2.23 lakh square feet of commercial space for Rs 905 crore in the World Trade Centre project at Nauroji Nagar, Delhi. The company has sold a total unsold commercial inventory of 23.92 lakh square feet through open e-auction.
New Delhi, Dec 18 (PTI) State-owned NBCC (India) Ltd has sold 2.23 lakh square feet of commercial space for Rs 905 crore in the World Trade Centre project at Nauroji Nagar in the national capital.
In a statement, NBCC said it has conducted the 22nd auction for the sale of commercial space in the World Trade Centre.
"The company has sold a total unsold commercial inventory of 2.23 lakh square feet (approx) having a sale value of Rs 905.01 crore, out of which 0.43 lakh square feet area having sale value of Rs 191.84 crore has been sold to private entities," it added.
As of date, the company has sold a total unsold commercial inventory of 23.92 lakh square feet through open e-auction, having a sale value of Rs 9,656.62 crore.
The Ministry of Housing and Urban Affairs has appointed NBCC, a Navratna company, as the implementing agency for the redevelopment of Nauroji Nagar, New Delhi. NBCC is authorised to market the commercial space on a freehold basis.
NBCC is mainly into PMC (project management consultancy) and real estate businesses.
In a statement, NBCC said it has conducted the 22nd auction for the sale of commercial space in the World Trade Centre.
"The company has sold a total unsold commercial inventory of 2.23 lakh square feet (approx) having a sale value of Rs 905.01 crore, out of which 0.43 lakh square feet area having sale value of Rs 191.84 crore has been sold to private entities," it added.
As of date, the company has sold a total unsold commercial inventory of 23.92 lakh square feet through open e-auction, having a sale value of Rs 9,656.62 crore.
The Ministry of Housing and Urban Affairs has appointed NBCC, a Navratna company, as the implementing agency for the redevelopment of Nauroji Nagar, New Delhi. NBCC is authorised to market the commercial space on a freehold basis.
NBCC is mainly into PMC (project management consultancy) and real estate businesses.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Srestha Finvest
- 0.67 ( -4.29)
- 67675345
- Vodafone Idea L
- 7.34 ( -0.41)
- 39063581
- AvanceTechnologies
- 0.96 (+ 4.35)
- 22450285
- Standard Capital
- 1.11 (+ 9.90)
- 21182942
- IFL Enterprises
- 1.01 ( -3.81)
- 14393443
MORE NEWS
Sitharaman Responds to Middle Class Tax Relief...
Finance Minister Nirmala Sitharaman responds to an X user seeking tax relief for the...
India's Free Trade Talks Continue: UK, EU...
India's free trade agreements, including those with the UK and EU, are progressing as...
DLF's K P Singh: How GE Came to India
Discover how DLF's K P Singh facilitated General Electric's entry into India,...