MoneyWorks4Me

NBCC sells commercial tower for Rs 1,100 crore in south Delhi

02 Jun 2017 Evaluate

NBCC has sold nearly 3 lakh square feet office space in an upcoming commercial tower at Nauroji Nagar in south Delhi for Rs 1,100 crore. The government had engaged NBCC as the implementing and marketing agency for re-development of three General Pool Residential Accommodation (GPRA) colonies ---Nauroji Nagar, Netaji Nagar and Sarojini Nagar on sustainable finance model.

NBCC (India) is one of the few public sector companies engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development. 

Peers
Company Name CMP
NBCC (India) 80.60
Rites 206.55
Mold-Tek Tech 199.05
Dhruv ConsultancySer 21.29
Telge Projects 216.00
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