NBCC (India) held the 21st auction for the sale of commercial spaces at World Trade Center, Nauroji Nagar, New Delhi. The company has sold a total unsold commercial inventory of 3.91 lakh sq ft with a sale value of Rs 1,557.51 crore, of which 2.97 lakh sq ft with a sale value of Rs 1,183.7 crore have been sold to private entities. These are the highest sales achieved in a single auction since the launch of the WTC, New Delhi in 2017.
It has sold a total unsold commercial inventory of 21.7 lakh sq ft through open e-auction with a sale value of Rs 8,751.61 crore.
The Ministry of Housing and Urban Affairs (MoHUA) has appointed NBCC (India) as the implementing agency for the redevelopment of Nauroji Nagar, New Delhi. NBCC is authorized to market commercial spaces on private land.