Real property (Representative picture).
NBCC carried out twenty first public sale for the sale of economic house in the World Trade Centre, Nauroji Nagar
State-owned development agency NBCC (India) Ltd on Friday stated it has bought almost 4 lakh sq. ft of economic house on the World Trade Centre in Nauroji Nagar, South Delhi for Rs 1,557.51 crore by means of an public sale. NBCC carried out twenty first public sale for the sale of economic house in the World Trade Centre, Nauroji Nagar.
“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 stated in a press release. Out of the whole space bought, 2.97 lakh sq. ft having sale worth of Rs 1,183.7 crore has been bought to non-public entities.
“This is the highest sale realisation in a single auction since the launch of WTC, New Delhi in 2017,” the corporate stated. So far, NBCC has bought a complete unsold industrial stock of 21.7 lakh sq. ft by means of open e-public sale having sale worth of Rs 8,751.61 crore.
Housing and Urban Affairs ministry has appointed NBCC as implementing company for re-growth of Nauroji Nagar. NBCC is permitted to market the industrial house on freehold foundation.
(This story has not been edited by News18 employees and is revealed from a syndicated information company feed – PTI)
