NBCC Concludes E-auction of 175 Units in Greater Noida
Filing Summary
NBCC (India) Limited has completed the sale of 175 residential units, including Iconic Tower No. 13, at Aspire Leisure Valley Pkg-1 in Greater Noida through an e-auction. The total sale value is approximately Rs. 485 crores. NBCC will receive a marketing fee of 1% of the sale value. The transaction is part of the company’s regular business activities. Details are available on the company’s website.
NBCC (India) Limited has announced the successful sale of 175 residential units, including one tower, Iconic Tower No. 13, at Aspire Leisure Valley Pkg-1, Greater Noida (West), Uttar Pradesh. The sale was conducted through an e-auction process.
The total sale value of these residential units is approximately Rs. 485 crores. As part of the transaction, NBCC will receive a marketing fee of 1% of the sale value. This transaction is in the normal course of business for the company.
The information regarding this transaction is available on the company’s official website. The filing was submitted to both the National Stock Exchange of India Ltd. and BSE Ltd.
NBCC (India) Limited is a government-owned corporation involved in project management consultancy, real estate development, and EPC contracting. The company focuses on executing large-scale infrastructure projects and has a significant presence in the construction and real estate sectors in India.