NBCC Successfully Acquires Commercial Space in New Delhi's Bharat Business Park
NBCC bids successfully to acquire 279,989 sq. ft. (super built-up area) at Bharat Business Park, New Delhi
Business Standard
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NBCC (India) has successfully bid for a commercial tower of approximately 279,989 sq. ft. at Bharat Business Park in Sarojini Nagar, New Delhi. The total investment for this acquisition is estimated at ₹1,374.45 crore (roughly $165 million USD), to be paid in stages based on construction progress.
- 01NBCC (India) won the bid for a commercial space at Bharat Business Park.
- 02The area of the acquired property is approximately 279,989 sq. ft..
- 03Total investment for the acquisition is estimated at ₹1,374.45 crore.
- 04Payment will be made in stages linked to construction progress.
- 05The acquisition aims for self-use, leasing, and investment opportunities.
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NBCC (India) has successfully participated in an e-auction for a commercial tower at Bharat Business Park, located in Sarojini Nagar, New Delhi. The tower covers an area of approximately 279,989 sq. ft. and NBCC emerged as the Highest Bidder during the auction held on April 16, 2026. The total estimated investment for this acquisition is around ₹1,374.45 crore (approximately $165 million USD), which will be paid in stages tied to the construction progress. This strategic acquisition is aimed at self-use, leasing, and investment, reflecting NBCC's commitment to expanding its commercial portfolio in the capital city.
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This acquisition could enhance commercial space availability in New Delhi, potentially leading to job creation and increased business activity in the area.
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