NBCC shares rose 2% on April 11, 2025, after selling 560 units worth Rs 1,153 crore at Aspire Leisure Park, Greater Noida, contributing to Rs 2,650 crore in total sales.


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NBCC (India) Ltd., a Navratna public sector enterprise, saw its stock surge by 2% today after announcing robust sales of Rs 2,650 crore, driven by strong demand for its residential projects. The company disclosed that it sold 560 residential units at its Aspire Leisure Park project in Greater Noida through a highly successful e-auction, fetching over Rs 1,153 crore.

The impressive sales figures underscore NBCC’s growing footprint in India’s real estate market and its ability to attract buyers with premium offerings. The Aspire Leisure Park project, known for its modern amenities and strategic location, has emerged as a sought-after destination for homebuyers in the National Capital Region (NCR).

Market analysts attribute the stock rally to investor confidence in NBCC’s diversified portfolio and consistent project execution. The company’s focus on sustainable urban development and government-backed infrastructure projects continues to bolster its financial performance.

FAQ


NBCC’s shares rose 2% after the company announced sales of Rs 2,650 crore, including Rs 1,153 crore from selling 560 residential units at Aspire Leisure Park in Greater Noida via e-auction.


Aspire Leisure Park is a premium residential project by NBCC in Greater Noida, featuring modern amenities and well-planned infrastructure, appealing to homebuyers in the NCR.


The 560 units were sold through an e-auction, a transparent and competitive process that maximized buyer participation and sales value.


NBCC holds Navratna status, granted by the Government of India, due to its operational autonomy, financial strength, and significant contributions to infrastructure and real estate development.


The Rs 2,650-crore sales reflect strong market demand and enhance NBCC’s financial position, likely boosting investor confidence and supporting future project expansions.

 

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