NBCC sells ₹5,779 crore commercial space in Sarojini Nagar


NEW DELHI: NBCC has successfully completed the e-auction of commercial built-up space available on freehold basis at Bharat Business Park (BBP), Sarojini Nagar, New Delhi. A total of approximately 23.44 lakh sq ft of super built-up area was offered across eight towers.

The auction generated a total sales value of about ₹5,779 crore, which reflects the highest bid rates for approximately 14 lakh sq ft auctioned across five towers.

The average sale rate recorded during this e-auction was ₹41,207 per sq ft, marking an increase of ₹2,107 per sq ft (5% over the reserve price).

The proceeds from this e-auction will be utilized for financing various ongoing redevelopment initiatives, supporting project completion timelines, and fulfilling financial obligations under the Ministry of Housing and Urban Affairs (MoHUA).

  • Published On Apr 17, 2026 at 02:40 PM IST

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