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NBCC sells office space inventory at Nauroji Nagar WTC, valuing over Rs 13,408 crore

August 30, 2024

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The Daily Guardian

NBCC (India) Limited has sold all the office space inventory at the World Trade Center (WTC) at Nauroji Nagar in the national capital, the public sector enterprise said in a statement on Thursday.

NBCC sells office space inventory at Nauroji Nagar WTC, valuing over Rs 13,408 crore

During the 27th e-auction, NBCC sold a total unsold inventory of 1.81 lakh sqft of commercial space for Rs 908.48 crore. Out of the total area sold, around 1.21 lakh sqft having a sale value of approximately Rs 596.25 crore has been sold to PSU/Government entities and 0.60 lakh sqft having a sale value of Rs 312.23 crore was sold to private entities, the statement said.

The highest price fetched in the 27th e-auction for a unit was Rs 62,261/sqft against the reserve price of Rs 37,161/sqft.

This showcases the success of WTC, Nauroji Nagar a destination desired by many to base their enterprises, it said.

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