There is great news for home buyers. NBCC of public sector has sold 1,233 flats for Rs 3,217 crore in a new project in Greater Noida. This will help the company to complete the stuck projects of the bankrupt Amrapali Group. According to the High Court, NBCC (India) Ltd. Through the Amrapali Stald Projects Investments Recognition Establishment (ASPIRE) has been formed to complete Amrapali's stuck projects.
The public sector company has been asked to complete 38,000 flats and hand it over to home buyers. NBCC said in a statement on Tuesday that it has successfully sold 1,233 flats in Aspire Golf Homes through e-auction. A total of Rs 3,216.95 crore has been received by a total of Rs 3,216.95 crore.
The project Aspire Gold Homes has a total of 1,507 flats in 11 towers. NBCC had earlier sold 274 flats. The auction saw a huge response. The dialects were much higher than the reserved price. According to Bayan, this fund will help to meet the funds of the ongoing projects including bank loan payment. This sales will be helpful in completing stalled Amrapali projects and many home buyers' homes Will fulfill the dream of
Profit 138.47 Crore
On the other hand, NBCC Limited's integrated net profit of the quarter ended December 2024 increased by 25 percent to Rs 138.47 crore. The company's profits have increased due to increasing income. In the same period of a year ago, the company had an integrated net profit of Rs 110.74 crore. According to a regulatory information, the total income of the company increased to 2,882.16 crore in the third quarter of the current financial year, which was Rs 2,482.41 crore in the same period last year. NBCC Project Management Consultation (PMC) and Real Estate Business.
