As per attached intimation
Awaiting price reaction for this filing.
NBCC (India) Limited has successfully concluded an e-auction of 446 residential units at its Aspire Silicon City project (Phase-IV) in Sector-76, Noida, Uttar Pradesh. The total sale value of these units is approximately Rs. 1,467.93 crores. Under the arrangement, NBCC will earn a marketing fee of 1% of the total sale value, which works out to roughly Rs. 14.68 crores. The units were sold through an online e-auction process. The announcement was filed with both NSE and BSE on May 16, 2025.
Positive signal for NBCC — demonstrates strong buyer demand for its residential projects, though the direct financial benefit to NBCC is limited to the 1% marketing commission. Supportive for the company's real estate marketing and project management business.