Alpha Tribe

NBCC (India) LimitedImportant, 19-03-2025: Updates

19-03-2025 · 01:40 pm

NBCC (India) Limited successfully sold 1,046 residential units at Aspire Centurian Park in Greater Noida through an e-auction, generating total sales of approximately Rs. 2,353 crores. As part of this transaction, NBCC will earn a marketing fee of 1% of the sale value, equating to about Rs. 23.53 crores. This successful auction reinforces NBCC's active engagement in the real estate market and may contribute positively to its revenue stream. Investors should view this development as a favorable momentum, indicating the company's capability to leverage residential projects effectively.

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