NBCC Sells 175 Units Worth Rs 4.85 Billion in E-Auction

11 Dec 2025 CW Team

NBCC (India) Ltd has announced the successful completion of an e-auction held on 6 December for residential units at Aspire Leisure Valley, located in Sub-Package 8 of Package 1 in Greater Noida (West), Uttar Pradesh.

The company sold 175 residential units in Iconic Tower No. 13 through the digital auction platform. The total sale value reached Rs 4.8541 billion, reflecting strong buyer demand for the project. As part of the arrangement, NBCC will receive a marketing fee amounting to 1 per cent of the total sale value.

In addition to the successful auction, NBCC secured five new construction and redevelopment orders during the week, taking the combined order value to nearly Rs 6.65 billion.

The largest contract, worth Rs 6.4282 billion, was awarded by the Ghaziabad Development Authority for the redevelopment of the Tulsi Niketan housing complex in Ghaziabad.

Another order, valued at Rs 40.5 million, was received from the Institute of Cost Accountants of India. This includes renovation work at the Hyderabad Centre of Excellence, repairs and upgrades at the EIRC Building in Kolkata, and structural, sanitary, plumbing and interior works at the Kottayam Chapter.

The National Forensic Science University awarded NBCC a renovation contract worth Rs 69.5 million for work at its guest house on the Delhi campus.

Two additional contracts were awarded by the Institute of Company Secretaries of India:

Rs 44.2 million for constructing a new building at the ICSI Kanpur Chapter premises.

Rs 71.4 million for developing a new building at the ICSI Lucknow Chapter premises.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..