NBCC (India) Limited (NBCC) — Announcement

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📢 Key Event
NBCC concludes e-auction of commercial space at Bharat Business Park, New Delhi

💡 Investor Takeaway
Investors should note that the sale generates a marketing fee of 1% of the total sale value.

NBCC (India) Limited announced the successful conclusion of an e-auction for commercial built-up space at Bharat Business Park in New Delhi, selling approximately 7.08 lakh square feet for about ₹2,857 crores. The transaction generates a marketing fee of 1% of the sale value for the company, and details are available on its official website. This sale represents a significant revenue stream from real estate assets and underscores NBCC's ability to monetize commercial developments through competitive auctions.

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