NBCC sells 7.08 lac sq. ft space for ₹2,857 cr via e-auction
NBCC (India) Limited sold 7.08 lac sq. ft of commercial built-up space at Bharat Business Park, Sarojini Nagar, New Delhi via e-auction for approximately ₹2,857 crore. The company will receive a marketing fee of 1% on the total sale value.

*this image is generated using AI for illustrative purposes only.
NBCC has successfully sold 7.08 lac sq. ft of commercial space at Bharat Business Park, Sarojini Nagar, New Delhi for around ₹2,857 cr through an e-auction. The company will earn a 1% marketing fee on the transaction value. The development highlights the company's active role in facilitating large-scale commercial real estate deals on behalf of its clients.
Key Transaction Details
The following table summarises the key parameters of the e-auction transaction:
| Parameter: | Details |
|---|---|
| Location: | Bharat Business Park, Sarojini Nagar, New Delhi |
| Commercial Space Sold: | 7.08 lac sq. ft |
| Total Transaction Value: | Around ₹2,857 cr |
| Mode of Sale: | E-Auction |
| Marketing Fee Earned: | 1% of transaction value |
Transaction Overview
The e-auction resulted in the sale of 7.08 lac sq. ft of commercial space, with the total consideration amounting to around ₹2,857 cr. NBCC, acting in its capacity as a project management consultant and marketing agent, earned a 1% marketing fee on the proceeds. The use of the e-auction platform reflects a transparent and competitive bidding process for the disposal of commercial real estate assets. This transaction adds to NBCC's portfolio of large-value commercial space disposals conducted through digital auction mechanisms.
Historical Stock Returns for NBCC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.18% | +10.87% | +21.59% | +2.95% | -6.28% | +207.87% |
How will this successful e-auction influence NBCC's strategy for future commercial real estate disposals?
What impact will this transaction have on the valuation of commercial properties in the Sarojini Nagar area?
Will NBCC explore similar e-auction mechanisms for other types of real estate assets?


































