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NBCC sold 200,000 sq ft for Rs 830 crore in south Delhi


NBCC has sold about 200,000 square feet of commercial space for approximately Rs 830 crore in the World Trade Centre project at Nauroji Nagar.

The major corporation who has bought space in this e-auction includes NBCC, Oil India Limited and Hamdard Laboratories.

Out of the total area sold, around 150,000 square feet having sale value of approximately Rs 605 crore has been sold to PSU entities. The total numbers of successful bidders were six, out of which two were PSU bidders and four private entities.

As on date, the company has sold over 2.6 million sq ft through a series of 24 e-auctions having a sale value of over Rs 10,600 crore.

The WTC project has attracted marquee buyers across various industries. The company has successfully sold around 80% commercial inventory till date, achieving impressive sales figures and setting new benchmarks in the real estate sector.

“The project is rapidly progressing towards completion with more than 95% of physical progress achieved. We are aiming at complete sale of this project by March 2024,” said KP Mahadevaswamy, CMD, NBCC.World Trade Centre is redeveloped as commercial centre having approximately 34 lakhs square feet of commercial built up area which is being constructed in place of 628 dilapidated quarters. Situated in Nauroji Nagar, the WTC enjoys close proximity to major establishments, recreational areas, and transportation hubs like the Ring Road, metro stations, airports, and hospitals. This makes it an attractive location for businesses seeking excellent connectivity and accessibility.

The project encompasses 25 acres of land and features 12 towers, each with 10 floors, offering ample space for businesses to grow and expand.

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 authorized to market the commercial space on a freehold basis.

With a workforce of around 3,000 engaged in the construction at this moment, NBCC has generated more than 2 million mandays while executing this project.

As a part of the redevelopment of 7 General Pool Residential Accommodation (GPRA) colonies in New Delhi, NBCC has also being tasked with the execution of government colonies at Sarojini Nagar and Netaji Nagar.

NBCC has been a pioneer in bringing and successfully implementing the redevelopment model.


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