IANS | 28 Mar, 2024
NBCC (India) Ltd said on Wednesday that it has recorded its
highest-ever revenue of Rs 1,905 crore with the sale of 4.8 lakh sq ft
of commercial space in the 25th e-auction for WTC Nauroji Nagar in South
Delhi.
Power Finance Corporation Limited, Security Printing and Minting
Corporation of India Limited and Solar Energy Corporation of India
Limited are the major organizations that bought space during this
e-auction.
Out of the total area sold, around 4.38 lakh square
feet having a value of approximately Rs 1,740 crore have been sold to
PSU entities. The total number of successful bidders was five, out of
which three were PSU bidders and two private entities. The sale marks a
significant milestone for the company and demonstrates the exceptional
demand for premium commercial space in India's capital, according to the
NBCC statement.
Public sector construction giant NBCC has sold a
total commercial inventory of over 30 lakh sqft through 25 e-auctions
so far for a total value of over Rs 12,100 crore.
The landmark
WTC (World Trade Centre) project has attracted marquee buyers across
various industries. The project is rapidly progressing towards
completion with more than 94 per cent of physical progress achieved, the
company said.
World Trade Centre has been redeveloped as a
commercial centre having approximately 34 lakhs square feet of
commercial built-up area which is being constructed in place of 628 old
government housing quarters at Nauroji Nagar in South Delhi.
