NBCC (India) Limited has successfully concluded an e-auction sale of residential apartments located at Avenue Towers, Africa Avenue Marg, Sarojini Nagar, New Delhi. The transaction involved approximately 8.80 lakh square feet of residential area. The total sale value achieved through this e-auction is approximately ₹5191 crores.
As part of this transaction, NBCC will receive a marketing fee equivalent to 1% of the total sale value. The specific financial impact of this fee was not quantified in the disclosure.
The company filed this disclosure with both the National Stock Exchange of India Limited and BSE Limited on October 29, 2026, as a material event update. The information is also available on the company's official website at https://www.nbccindia.in/webEnglish/announcementNotices.
The disclosure was signed by Deepti Gambhir, Company Secretary (F-4984) of NBCC (India) Limited.