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Property Code: 5571

Home / Business and Economy / NBCC Sells 175 Units for ₹485 Crore

NBCC Sells 175 Units for ₹485 Crore

6 Dec

•

Summary

  • NBCC sold 175 residential units for approximately ₹485.41 crore.
  • The sale involved Iconic Tower No. 13 at Aspire Leisure Valley.
  • NBCC secured new orders worth ₹665 crore this past week.
NBCC Sells 175 Units for ₹485 Crore

NBCC (India) Ltd has successfully concluded an e-auction for residential units in Greater Noida (West), Uttar Pradesh. The company sold 175 units within Iconic Tower No. 13, generating a total sale value of approximately ₹485.41 crore. This significant real estate transaction highlights NBCC's active engagement in the property market.

In addition to the residential unit sales, NBCC has recently bolstered its project portfolio by securing five new construction and redevelopment orders valued at ₹665 crore. The largest of these orders, worth ₹642.82 crore, comes from the Ghaziabad Development Authority for the redevelopment of Tulsi Niketan.

Further contracts include work for the National Forensic Science University, Institute of Cost Accountants of India, and Institute of Company Secretaries of India across various locations. These diverse projects underscore NBCC's broad capabilities in construction and redevelopment services.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
NBCC sold 175 residential units in Iconic Tower No. 13 for approximately ₹485.41 crore.
NBCC secured five new construction and redevelopment orders worth a total of ₹665 crore.
Aspire Leisure Valley Package-1 is located in Greater Noida (West), Uttar Pradesh.

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