NBCC (India) Ltd.

NBCC (India) has sold 100% office space inventory at World Trade Center (WTC) Nauroji Nagar, New Delhi and 100% retail and commercial space at Downtown Sarojini Nagar, New Delhi. 

During the 27th e-auction, NBCC sold a total unsold inventory 1.81 lakh sqft of commercial space for Rs 908.48 crore. Through this e-auction, out of the total area sold, around 1.21 lakh sqft having sale value of approximately Rs 596.25 crore has been sold to PSU/Govt. entities and 0.60 lakh sqft having sale value of Rs 312.23 was sold to private entities. The highest price fetched in the 27th e-auction for a unit was Rs 62,261/sqft. against the reserve price of Rs 37,161/sqft. This showcases the success of WTC, Nauroji Nagar a destination desired by many to base their enterprises.

The sale marks a significant milestone for the company and demonstrates the exceptional demand for premium commercial space in India's capital. With this, NBCC has sold the entire 100% office space of 32,87,567 sqft, valuing Rs 13,408.7 crore of which PSU/Government entities bought 23,00,942 sqft having sale value of Rs 9,307.65 crore and private entities bought 9,86,625 sqft having sale value of Rs 4,101.07 crore.

NBCC has also achieved the 100% sale of DownTown commercial space. Recently, through a bulk sale, NBCC has sold the balance unsold commercial inventory of 3.52 lakh sqft having a sale value of around Rs 1,343 crore.

With this, NBCC has successfully sold the entire inventory of 3.64 lakh sqft valuing around Rs 1,391 crore. The project includes 329 shops having a built up area of around 1,81,500 sqft and 300 offices having a built up area of around1,84,400 sqft. The size of shops ranges from 138 sqft to 738 sqft while the office size range from 216 sqft to 882 sqft. This commercial project also includes parking facility for around 675 vehicles.

The development features state-of-the-art office spaces, retail units, and premium amenities designed to cater to the dynamic needs of modern businesses and enterprises. DownTown has been executed on a land parcel of 2.18 acres, incorporating around 3,77,000 sqft of commercial built-up area, spread over four levels of basement (with lower and upper grounds) and eight additional floors. The first four levels of the hub accommodate retail spaces and the top levels are for the official use.

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.