“The company has sold a total unsold commercial inventory of 3.91 lakh sq. ft. (approx) having sale value of Rs 1,557.51 crore,” NBCC said in a statement.
Out of the total area sold, 2.97 lakh square feet having sale value of Rs 1,183.7 crore has been sold to private entities.
“This is the highest sale realisation in a single auction since the launch of WTC, New Delhi in 2017,” the company said.
So far, NBCC has sold a total unsold commercial inventory of 21.7 lakh square feet through open e-auction having sale value of Rs 8,751.61 crore.
Housing and Urban Affairs ministry has appointed NBCC as implementing agency for re-development of Nauroji Nagar. NBCC is authorized to market the commercial space on freehold basis.