NBCC Sells Office Spaces Worth Rs.14,800 Crore in Delhi

03 Sep 2024 CW Team

Sales Achievement: NBCC's successful sale of office spaces totaling ₹14,800 crore highlights the robust demand for commercial properties in Delhi, particularly in key government and institutional projects. This substantial revenue generation is a testament to NBCC's strategic approach and its ability to attract large-scale investments in prime locations.

Prime Projects: The office spaces sold are part of NBCC’s high-profile projects in Delhi, which include redeveloped government buildings and commercial complexes. These projects are located in strategic areas, offering excellent connectivity, modern amenities, and proximity to important government and business hubs, making them highly attractive to buyers and investors.

Government and Private Buyers: The office spaces were acquired by a mix of government agencies and private sector companies. NBCC’s projects are known for their high standards of construction and adherence to government regulations, which makes them a preferred choice for government bodies and corporate entities seeking secure and prestigious office locations.

Impact on Delhi’s Real Estate Market: The successful sale of these office spaces underscores the ongoing demand for quality commercial real estate in Delhi. It also reflects the overall strength and resilience of the NCR's real estate market, particularly in the commercial segment, where demand remains robust despite economic fluctuations.

NBCC’s Role in Urban Development: NBCC has been instrumental in executing large-scale urban redevelopment projects across India, with a focus on enhancing infrastructure, modernizing government buildings, and creating sustainable urban spaces. The company’s ability to sell such a large volume of office spaces is a reflection of its strong project portfolio and trusted reputation in the market.

Future Prospects: With the successful sale of these office spaces, NBCC is well-positioned to continue its growth trajectory in the commercial real estate sector. The revenue generated from these sales will likely be reinvested in future projects, further strengthening NBCC’s position as a leading player in the industry.

Strategic Location Advantage: The office spaces sold by NBCC are strategically located in Delhi, one of India’s most sought-after commercial real estate markets. The capital city’s infrastructure, connectivity, and status as a major business hub continue to drive demand for office spaces, ensuring strong returns for investors.

Conclusion: NBCC’s sale of office spaces worth ₹14,800 crore in Delhi represents a significant achievement for the company and highlights the enduring demand for premium commercial properties in the NCR. This milestone not only reinforces NBCC’s leadership in the real estate sector but also contributes to the ongoing development and modernization of Delhi’s urban landscape.

National Buildings Construction Corporation (NBCC), a state-owned real estate and construction company, has successfully sold office spaces worth ₹14,800 crore in Delhi. This significant achievement marks a major milestone for NBCC, showcasing its strong presence and growing influence in the commercial real estate sector in the National Capital Region (NCR).Sales Achievement: NBCC's successful sale of office spaces totaling ₹14,800 crore highlights the robust demand for commercial properties in Delhi, particularly in key government and institutional projects. This substantial revenue generation is a testament to NBCC's strategic approach and its ability to attract large-scale investments in prime locations.Prime Projects: The office spaces sold are part of NBCC’s high-profile projects in Delhi, which include redeveloped government buildings and commercial complexes. These projects are located in strategic areas, offering excellent connectivity, modern amenities, and proximity to important government and business hubs, making them highly attractive to buyers and investors.Government and Private Buyers: The office spaces were acquired by a mix of government agencies and private sector companies. NBCC’s projects are known for their high standards of construction and adherence to government regulations, which makes them a preferred choice for government bodies and corporate entities seeking secure and prestigious office locations.Impact on Delhi’s Real Estate Market: The successful sale of these office spaces underscores the ongoing demand for quality commercial real estate in Delhi. It also reflects the overall strength and resilience of the NCR's real estate market, particularly in the commercial segment, where demand remains robust despite economic fluctuations.NBCC’s Role in Urban Development: NBCC has been instrumental in executing large-scale urban redevelopment projects across India, with a focus on enhancing infrastructure, modernizing government buildings, and creating sustainable urban spaces. The company’s ability to sell such a large volume of office spaces is a reflection of its strong project portfolio and trusted reputation in the market.Future Prospects: With the successful sale of these office spaces, NBCC is well-positioned to continue its growth trajectory in the commercial real estate sector. The revenue generated from these sales will likely be reinvested in future projects, further strengthening NBCC’s position as a leading player in the industry.Strategic Location Advantage: The office spaces sold by NBCC are strategically located in Delhi, one of India’s most sought-after commercial real estate markets. The capital city’s infrastructure, connectivity, and status as a major business hub continue to drive demand for office spaces, ensuring strong returns for investors.Conclusion: NBCC’s sale of office spaces worth ₹14,800 crore in Delhi represents a significant achievement for the company and highlights the enduring demand for premium commercial properties in the NCR. This milestone not only reinforces NBCC’s leadership in the real estate sector but also contributes to the ongoing development and modernization of Delhi’s urban landscape.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..