Latest News | NBCC E-auctions 560 Homes in Greater Noida for Rs 1,153 Crore

New Delhi, Apr 11 (PTI) State-owned NBCC has sold 560 housing units in Greater Noida through e-auction for Rs 1,153 crore.

In a regulatory filing, NBCC informed that it has successfully sold 560 residential units at Aspire Leisure Park, Greater Noida (W), Uttar Pradesh through an e-auction at a total sale value of approximately Rs 1,153.13 crore.

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NBCC will get marketing fee of 1 per cent of sale value.

On Thursday, the company said it has sold 1,185 units for Rs 1,504.69 crore through e-auction in Greater Noida.

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NBCC has "successfully e-auctioned 1,185 residential units at Aspire Dream Valley, Greater Noida (W), garnering a total sale value of Rs 1504.69 crore."

The fund shall mitigate the fund requirement of ongoing projects, including bank loan payment, the company said.

This sale will be instrumental in completion of the stalled Amrapali Projects and fulfil the dreams of owning their homes by many home buyers.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)