StockWatch
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Civil Construction
Sale29 Oct 2026, 12:59 pm

NBCC Sells ₹5,191 Cr Apartments in New Delhi

AI Summary

NBCC (India) Limited has successfully sold residential apartments at Avenue Towers in Sarojini Nagar, New Delhi, for a total sale value of approximately ₹5,191 crores. The sale encompassed an area of about 8.80 lac sq. ft. NBCC will receive a marketing fee of 1% of the total sale value. This significant transaction marks a substantial achievement in the company's real estate sales.

Key Highlights

  • NBCC sold apartments for ₹5,191 crores.
  • The sale covered 8.80 lac sq. ft. of residential space.
  • The company will earn a 1% marketing fee.
  • The transaction occurred in Sarojini Nagar, New Delhi.