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 Transport

10 Feb 2026

Tamil Nadu Gets Rs 76,110 mn for Railways, Three Projects Revived

Union Minister for Railways Ashwini Vaishnaw announced that Tamil Nadu has been allocated Rs 76,110 mn in the Union Budget 2026–27, marking a 14.9 per cent increase over the Rs 66,260 mn allotted in 2025–26. The allocation is intended for ongoing new line projects, track doubling, station redevelopment and safety-related works, with project-wise details to be disclosed when the Pink Book is released. Officials indicated that the funds will be deployed across construction and modernisation priorities identified for the state. The minister urged the Tamil Nadu government to extend support f..

Nagpur Station Redevelopment Deadline Extended To March 2027

Nagpur Railway Station redevelopment has been rescheduled to March 2027 as officials opted for a cautious approach to minimise disruption at the busy terminus. The project had earlier been due for completion in December 2026 but work at a live station while preserving the heritage character of the building has slowed progress. The Divisional Railway Manager (DRM) said construction sequencing is being adjusted to maintain passenger services. The DRM provided an update on Ajni Railway Station, stating its redevelopment timeline has been revised to October 2026 instead of the earlier target of c..

Railway Push Boosts Connectivity in Jammu and Kashmir

An accelerated push to expand railway infrastructure is reshaping connectivity in Jammu and Kashmir, with Indian Railways leading an extensive programme of new lines, stations and engineering works. Officials described the effort as aimed at linking remote areas to major trade and transport corridors and at reducing travel time for passengers and freight. The programme incorporates complex tunnelling and bridge construction to negotiate challenging terrain and to provide year round access. Administrative sources indicated that coordination with central and local agencies has been intensified t..