NBCC (India) Limited has successfully concluded an electronic auction for residential properties in the National Capital Region, marking a significant milestone in its real estate operations. The public sector construction company completed the sale of 417 homes across two major projects through the e-auction process, generating total sales value of ₹1,045.40 crores.

Project-Wise Breakdown

The residential units were sold across two distinct projects in prime locations. The e-auction covered units at Aspire Leisure Valley in Greater Noida West and Aspire Silicon City in Noida, representing strategic developments in high-demand residential markets.

E-Auction Performance

The electronic auction was conducted as part of Sub-Package-4 under the company's systematic real estate monetization strategy. The substantial sales value demonstrates strong market demand for residential properties in these prime National Capital Region locations. The company will receive a marketing fee equivalent to 1% of the total sale value from this transaction.

Strategic Significance

The successful completion of this e-auction reinforces NBCC's position as a major player in India's construction and real estate sector. The electronic auction format enabled efficient price discovery and transparent bidding processes for potential homebuyers. This transaction was conducted in the normal course of business, highlighting the company's ongoing efforts to systematically monetize its real estate portfolio.

The completion of the e-auction process across these two flagship projects marks another significant step in NBCC's real estate operations, demonstrating the company's ability to execute large-scale residential sales in key metropolitan markets.

NBCC (India) Limited shares have gained significant momentum, rising 9% across two consecutive trading sessions following major corporate developments. The stock reached a day's high of Rs 126.00 on Monday, marking a 3% intraday gain as investors responded positively to the company's recent announcements.

Stock Performance and Market Response

The recent performance metrics highlight strong investor confidence:

The stock's upward trajectory has been supported by expanded trading volumes and strong technical indicators, with the RSI near 64 reflecting healthy momentum without entering overbought territory.

Delhi Land Settlement Agreement

NBCC announced a significant settlement agreement with the Government of National Capital Territory of Delhi (GNCTD) concerning the disputed 42.46-acre land parcel in Sultanpur/Ghitorni village. The resolution brings clarity to a long-standing land ownership matter through an equal division approach.

The Delhi government will execute a perpetual lease deed in favor of NBCC for its portion, granting development rights aligned with the Master Plan for Delhi (MPD-2021). This allows for sub-leasing and mixed-use development under applicable city zoning norms.

Mumbai Port Authority Projects

NBCC has secured multiple infrastructure projects with the Mumbai Port Trust, receiving in-principle approval to act as the executing agency. The company will handle planning, design, execution, and supervision for various facilities including a CGO Complex, iconic building, multi-level car parking facility, and international convention centre.

On December 23, NBCC signed a Memorandum of Understanding with the Board of Mumbai Port Authority for developing a CGO Complex spread over 25 acres on Mumbai Port land. The project will be executed on a turnkey, deposit-work basis with NBCC appointed as Project Management Consultant.

Technical Analysis Outlook

According to technical analysts, NBCC has delivered a strong bullish breakout with the stock trading comfortably above key short and medium-term moving averages. The price action indicates trend strength, while the overall structure remains positive as long as the stock holds above channel support and recent swing lows. The breakout has been validated by expanded volumes, confirming strong buyer participation.