State-owned NBCC (India) Ltd has wrapped up an e-auction of 417 premium residential units in Greater Noida and Noida, fetching ₹1,045.40 crore. This sale highlights robust buyer interest in ready-to-move properties from Amrapali projects like Aspire Leisure Valley and Aspire Silicon City, with NBCC earning a 1% marketing fee amid strong NCR real estate demand.
NMRDA begins acquiring 1,710 acres near Nagpur for India's next financial hub modeled on Mumbai's BKC and GIFT City, targeting 500,000 jobs with ₹1.5-2 crore per acre land prices.
NBCC and Suraksha Group vie to acquire Jaypee Infratech, submitting revised bids with improved offers to financial lenders amidst insolvency proceedings.