Announced Wed, 17 Jun · 12:50 IST
NBCC sells commercial space worth Rs 2,857 crore in Delhi via e-auction
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NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹109.11
prior close
₹110.79
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.6+1.1+1.0+1.5+0.8+2.5+0.7-0.2-0.3-4.2-10.2-11.1——
Up moveDown movePending
AI summary
NBCC sold about 7.08 lakh sq ft of commercial built-up space at Bharat Business Park in Sarojini Nagar, New Delhi through an e-auction for around Rs 2,857 crore. The company will earn a marketing fee of 1 percent of the sale value, roughly Rs 28.57 crore. The successful auction highlights strong demand for premium commercial real estate in Delhi.
Likely market impact
Positive read on commercial real estate demand; direct revenue impact limited to the small marketing fee for NBCC.