NBCC (India) Limited (NBCC) — Announcement Announcement
📢 Key Event
NBCC concludes e-auction of commercial built-up space at Bharat Business Park, New Delhi.
💡 Investor Takeaway
Investors should note this sale generates significant revenue without new capital expenditure, enhancing cash flow and shareholder value.
NBCC (India) Limited announced the successful e-auction sale of approximately 14 lakh square feet of commercial built-up space at Bharat Business Park, Sarojini Nagar, New Delhi, generating a total sale value of **₹5,779 crores**. The transaction includes a 1% marketing fee payable to NBCC, and the details are available on the company's website. This sale underscores NBCC's ability to monetize large-scale commercial assets and reflects strong market demand for premium office space in Delhi.
📄 View Original Announcement (PDF)
About NBCC (India) Limited (NBCC)
Construction · Construction · Listed on NSE
Market Cap: ₹25,331.4 Cr
P/E: 49.1
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.