NBCC (India) Limited has successfully concluded an e-auction for commercial space at the Bharat Business Park in Sarojini Nagar, New Delhi. The auction involved approximately 14 lakh square feet of built-up space, resulting in a total sale value of roughly Rs. 5,779 crore. As a result of this transaction, the company is set to earn a marketing fee equivalent to 1% of the total sale value.
Strategic Auction Results
On April 17, 2026, NBCC (India) Limited announced the successful completion of a major e-auction process for its commercial project located at Bharat Business Park in New Delhi. The sale of 14 lakh square feet of built-up area marks a significant milestone for the company’s real estate monetization efforts, reflecting robust demand for commercial assets in prime locations.
Transaction Overview and Financial Impact
The total sale value realized from the auction reached approximately Rs. 5,779 crore. This high-value transaction highlights the premium valuation of the Sarojini Nagar development. Beyond the sale proceeds, NBCC is entitled to a 1% marketing fee calculated on the total sale value, which will serve as a direct boost to the company’s revenue for the current fiscal period.
Source: BSE
