NBCC Sale of Office Space To PSUs

NBCC Sale of Office Space To PSUs
May 2020 , by , in Latest News, News/Views

State-run NBCC (India) Ltd has sold office space worth ₹520 crore in South Delhi to two public sector companies in the midst of a nationwide lockdown. The premium space was sold at the World Trade Centre (WTC) that is coming up at South Delhi’s Nauroji Nagar as part of government’s redevelopment plan.

Rail Vikas Nigam Ltd, an Indian Railway PSU, has taken three floors while Assam-based Numaligarh Refinery (NRL) has taken one floor. The integrated business hub at Nauroji Nagar will have independent offices with direct connectivity from airport, railway and metro stations, retail outlets, food court, conference facilities, business centres, art galleries and a three-layered basement parking for nearly 8,000 cars.

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