New Delhi, March 27 (IANS) NBCC (India) Ltd said on Wednesday that it has recorded its highest-ever revenue of Rs 1,905 crore with the sale of 4.8 lakh sq ft of commercial space in the 25th e-auction for WTC Nauroji Nagar in South Delhi.
Power Finance Corporation Limited, Security Printing and Minting Corporation of India Limited and Solar Energy Corporation of India Limited are the major organizations that bought space during this e-auction.
Out of the total area sold, around 4.38 lakh square feet having a value of approximately Rs 1,740 crore have been sold to PSU entities. The total number of successful bidders was five, out of which three were PSU bidders and two private entities. The sale marks a significant milestone for the company and demonstrates the exceptional demand for premium commercial space in India’s capital, according to the NBCC statement.
Public sector construction giant NBCC has sold a total commercial inventory of over 30 lakh sqft through 25 e-auctions so far for a total value of over Rs 12,100 crore.
The landmark WTC (World Trade Centre) project has attracted marquee buyers across various industries. The project is rapidly progressing towards completion with more than 94 per cent of physical progress achieved, the company said.
World Trade Centre has been redeveloped as a commercial centre having approximately 34 lakhs square feet of commercial built-up area which is being constructed in place of 628 old government housing quarters at Nauroji Nagar in South Delhi.
–IANS
sps/dan
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
