NBCC (India) Limited , a prominent player in the Indian real estate sector, has successfully concluded an e-auction for residential units in Greater Noida, marking a significant milestone in its project sales strategy.

Auction Details

The state-owned construction company has sold 609 residential units through an e-auction, generating approximately Rs. 1069.43 crores in sales value. The units are part of two key projects:

1. Aspire Leisure Valley Package-2 (Towers 1 & 2)
2. Aspire Centurian Park (Tower 10 & Iconic-36th and above)

Both projects are located in Greater Noida (West), Uttar Pradesh.

Financial Impact

As per the company's disclosure, NBCC will receive a marketing fee of 1% on the sale value. This translates to an estimated revenue of Rs. 10.69 crores for the company from this transaction alone.

Project Specifics

Business Implications

The company has stated that this e-auction is part of its normal course of business operations. Such successful sales events demonstrate NBCC's strong market presence and the demand for its residential projects in the National Capital Region (NCR).

Corporate Disclosure

The details of this transaction were disclosed by NBCC in a filing to the stock exchanges, underlining the company's commitment to transparency and regulatory compliance. The information is also available on the company's official website for public access.

This successful e-auction underscores NBCC's ability to leverage digital platforms for property sales, potentially setting a precedent for future transactions in the real estate sector. As the company continues to focus on project completion and sales, such events may play a crucial role in its financial performance and market positioning.

NBCC (India) Limited , a prominent player in the construction sector, has released important tax deduction at source (TDS) guidelines for its shareholders regarding the upcoming interim dividend for the fiscal year 2025-26. The company has set November 19, 2025, as the record date for determining shareholder eligibility for the dividend payment.

Key Details of the Dividend Announcement

TDS Requirements and Shareholder Action

In compliance with the Income Tax Act, 1961, as amended by the Finance Act, 2020, NBCC has informed shareholders that dividends paid or distributed after April 1, 2020, are taxable in the hands of shareholders. Consequently, the company is obligated to deduct tax at source (TDS) at the time of dividend payment.

Shareholders seeking exemption from TDS on their dividend income are required to submit the necessary documents as prescribed under the Income Tax Act, 1961. These documents should be emailed to dividend.tax@nbccindia.com no later than Thursday, November 20, 2025.

Accessing Detailed Information

For comprehensive information regarding TDS on dividends for FY 2025-26, shareholders are encouraged to visit the company's website. The detailed communication can be found in the 'Announcements & Notices' section at https://www.nbccindia.in/webEnglish/announcementNotices .

Additional Corporate Update

In a separate announcement, NBCC (India) Limited has secured a significant new project:

This new project, awarded in the ordinary course of business, further solidifies NBCC's position in the construction and project management sector.

Shareholders and investors are advised to take note of these important updates and act accordingly to ensure compliance with tax regulations and to stay informed about the company's latest developments.