NBCC (India) Ltd.

BSE: 534309 | NSE: NBCC
Small Cap | Engineering Consultancy
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NBCC sells nearly 4 lakh sq ft unsold commercial inventory in Delhi

Date: 27-10-2023

NBCC has conducted 21st auction for sale of commercial space in the World Trade Centre, Nauroji Nagar, New Delhi, as PMC & Marketing Consultant on behalf of Ministry of Housing and Urban Affairs, Govt. of India. The Company has sold a total Unsold commercial inventory of around 3.91 lakh sq. ft. 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. 

Further, as on date, the Company has sold a total unsold commercial inventory of 21.7 lakh sq.ft. through open e-auction having sale value of Rs 8751.61 crore.

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.