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New Delhi : NBCC (India) Ltd has announced an e-auction of residential apartments at Avenue Towers, Africa Avenue Marg, Sarojini Nagar, New Delhi, offering buyers an opportunity to purchase freehold residential units through online bidding. The e-auction is being conducted by NBCC on behalf of the Ministry of Housing and Urban Affairs (MoHUA), Government of India.
The application document, issued under NIO No. NBCC/Sr. ED/2026/740 dated October 3, 2026 , covers residential units across Avenue Towers. The auction is scheduled for October 19, 2026, from 12 noon to 2 pm, subject to an extended bidding period. Buyers will have to deposit the prescribed EMD online and complete registration through the authorised RAILTEL e-auction platform.
| Details | Information |
|---|---|
| Project | Avenue Towers |
| Location | Africa Avenue Marg, Sarojini Nagar, New Delhi |
| Authority | NBCC (India) Ltd |
| On behalf of | Ministry of Housing and Urban Affairs |
| Property type | Residential apartments |
| Ownership | Freehold basis |
| Total units listed | 262 |
| Reserve price | ₹15.75 crore to ₹17.76 crore |
| EMD | 2% of reserve price |
| Registration fee | ₹1,770 , including 18% GST |
| Auction processing fee | ₹17,700 , including 18% GST |
| EMD deadline | October 17, 2026, 8 pm |
| Mock e-auction | October 18, 2026 |
| Main e-auction | October 19, 2026, 12 noon to 2 pm |
| Auction platform | RAILTEL-authorised e-auction platform |
The offer document is available on the NBCC website from October 3 to October 19, 2026. The offer document itself is free of cost, while the registration and auction processing fees are non-refundable.
E-auction application form for Sale of Residential Apartment
Brochure
Bidder registration Manual
Circulation plan
The inventory listed in the application document runs up to 262 residential units across nine towers . The apartments are available in different floors and unit types, with three principal configurations identified in the inventory.
The listed units have carpet areas of approximately 233.96 sq m, 237.15 sq m and 241.34 sq m. In square feet, these correspond to approximately 2,518.35 sq ft, 2,552.68 sq ft and 2,597.78 sq ft respectively.
The corresponding super built-up/saleable areas are approximately 393.84 sq m, 403.13 sq m and 444.03 sq m , or about 4,239.29 sq ft, 4,339.29 sq ft and 4,779.54 sq ft. The inventory covers Towers 1 to 9.
The reserve price is based on the super built-up area , with the document specifying a reserve price of ₹37,161 per sq ft for the super built-up area.
The reserve price includes three covered car parking spaces for each apartment . Bidding will be conducted on the super built-up area and bidders have to quote a rate equal to or above the reserve price. The minimum bidding increment is ₹100 per sq ft.
Based on the listed configurations, the reserve prices are:
| Apartment configuration | Approx. SBUA | Reserve price | EMD at 2% |
|---|---|---|---|
| Type A | 4,779.54 sq ft | ₹17.76 crore | ₹35.52 lakh |
| Type B | 4,339.29 sq ft | ₹16.13 crore | ₹32.25 lakh |
| Type C | 4,239.29 sq ft | ₹15.75 crore | ₹31.51 lakh |
The document also specifies a one-time club charge of ₹5 lakh per unit, plus applicable GST .
Prospective bidders must deposit the EMD at 2% of the reserve price specified for the particular unit.
The EMD has to be paid online through the available e-payment gateway. Payments in other forms will not be accepted.
In addition, buyers must pay:
The bidder is required to register with RAILTEL , the authorised platform engaged by NBCC for conducting the e-auction.
The EMD deadline is October 17, 2026, up to 8 pm . The EMD of unsuccessful bidders will be refunded within 15 working days from the date of the e-auction, with no interest payable on the EMD.
The mock e-auction for bidder awareness is scheduled for October 18, 2026 in two sessions:
The main NBCC Avenue Towers e-auction 2026 will be held on October 19 from 12 noon to 2 pm , or until the extended closing period.
If a fresh bid is received during the final eight minutes , the auction time will automatically be extended by another eight minutes. This extension will continue as long as fresh bids are received during the final eight-minute period.
The payment for the Avenue Towers apartments is linked to construction milestones as well as specified periods from the date of allotment.
The major payment stages are:
| Stage | Amount payable |
|---|---|
| EMD with application | 2% of reserve price |
| Within 15 days of auction closing | 10% of bid price , after adjusting EMD |
| Foundation completion or 3 months from allotment, whichever is later | 10% + applicable taxes |
| Up to 3rd floor slab or 6 months, whichever is later | 10% + applicable taxes |
| Up to 6th floor slab or 8 months, whichever is later | 10% + applicable taxes |
| Up to 8th floor slab or 10 months, whichever is later | 10% + applicable taxes |
| Up to 10th floor slab or 12 months, whichever is later | 10% + applicable taxes |
| Flooring completion or 14 months, whichever is later | 10% + applicable taxes |
| External facade completion or 16 months, whichever is later | 10% + applicable taxes |
| Offer for fitment/interior works | 10% + applicable taxes |
| Within 60 days of offer of physical possession | 10% of actual unit value + applicable charges |
At the possession stage, buyers will also have to pay IFMS including sinking fund at ₹200 per sq ft, one-time club charges of ₹5 lakh plus GST, and advance maintenance for two years at ₹6 per sq ft per month plus GST, along with other applicable charges and taxes.
The document states that stamp duty, registration charges, GST and other statutory charges will be payable separately by the allottee.
The auction document allows a bidder to participate for only one unit against one valid PAN card. A bidder cannot submit applications for multiple units using the same PAN, including through multiple accounts or registrations.
This one-unit-per-PAN restriction applies throughout the auction process.
Applicants are required to complete registration on the authorised e-auction platform and submit the required KYC documents.
For individuals, the application requirements include documents such as PAN, Aadhaar and cancelled cheque, while entities may need incorporation/registration documents, MoA/AoA or partnership documents and a board resolution or power of attorney, wherever applicable.
Successful bidders have to submit the signed application and related documents to NBCC within 15 days of the close of the e-auction .
The required documents include the application form, acceptance letter, instructions to bidders, terms and conditions, authorisation and undertaking, draft agreement for sale, PAN and other applicable corporate or authorisation documents.
The Agreement for Sale is required to be executed and submitted within 30 days from the date of allotment letter .
Avenue Towers is located at Africa Avenue Marg in Sarojini Nagar, New Delhi . The property has frontage on Africa Avenue and is in proximity to Bhikaji Cama Place , while Safdarjung Enclave lies along its southern side.
According to the application document, NBCC is the implementing agency and is authorised to market the residential and commercial super built-up area on behalf of MoHUA. The land is owned by the Land & Development Office (L&DO) under MoHUA.
The project is registered under Delhi RERA with registration number DLRERA2026P0010 , and the document states that construction at the site has started.
Interested buyers should follow these steps:
NBCC has advised intending bidders to carefully read the complete application document and satisfy themselves about the project, premises, area, approvals, payment schedule and other conditions before submitting a bid.
The Avenue Towers auction comes with several conditions that prospective buyers should check before bidding.
The bid is evaluated on the super built-up area rate, not the indicative carpet-area reserve rate. The document specifically says the carpet-area reserve rate is only indicative and will not be used for bidding or evaluation.
Each apartment comes with three covered car parking spaces , although the exact parking location will be decided by NBCC/MoHUA and the spaces may not be contiguous.
Buyers should also note that future increases in FAR and development rights will remain with MoHUA/L&DO , while the purchaser's rights are limited to the specific freehold built-up area purchased.
NBCC/MoHUA also reserves the right to accept or reject the highest bid, annul the auction process or withdraw any unit from sale as per the terms of the application document.
The NBCC Avenue Towers e-auction 2026 offers 262 large residential apartments in Sarojini Nagar, New Delhi , with listed reserve prices ranging from around ₹15.75 crore to ₹17.76 crore. The apartments have carpet areas of roughly 2,518 to 2,598 sq ft while the super built-up areas range from around 4,239 to 4,780 sq ft.
With the EMD deadline on October 17 , mock auction on October 18 and main e-auction on October 19, 2026 , interested buyers should complete registration and payment formalities well before the deadline.
NBCC Bharat Business Park E-Auction 2026: Prime Commercial Space in Sarojini Nagar, Delhi at ₹39,100 Per Sq Ft - Check Details
Sub: E-Auction for Sale of Residential Units in Avenue Towers at Africa Avenue, New Delhi.
This has reference to the Application Document no. NBCC/Sr. ED/2026/442 dated 17-07-2026 regarding the subject auction published on 17.07.2026 , the following changes/additions/amendments in the E-auction document:
| Activity | Earlier Date & Time | Revised Date & Time |
|---|---|---|
| Last Date of Deposit of EMD | 30.07.2026 at 08:00 PM. | 06.08.2026 at 08:00 PM. |
| Period of availability of Offer documents on NBCC website | From 17.07.2026 to 31.07.2026 | From 17.07.2026 to 08.08.2026 |
| Date of E-Auction | 31.07.2026 (12:00 hrs to 14:00 hrs or till extended period) | 08.08.2026 (12:00 hrs to 14:00 hrs or till extended period) |
| Date and Time of Mock Auction | 30.07.2026 at 04:00 PM | 07.08.2026 i) 11:00 hrs to 13:00 hrs.ii) 14:00 hrs to 18:00 hrs |
All other Terms and conditions of the e-auction shall remain unchanged.
NBCC (India) Limited has announced the e-auction of 262 ultra-luxury apartments at its Avenue Towers project in Sarojini Nagar , near Delhi's prestigious Chanakyapuri Diplomatic Enclave . The premium residences will have a starting price of over ₹15 crore , with the auction expected to generate nearly ₹4,400 crore .
The proceeds from the sale will be used to finance the redevelopment of General Pool Residential Accommodation (GPRA) colonies, including Sarojini Nagar, Netaji Nagar, Sriniwaspuri and Kasturba Nagar , under the government's self-financing redevelopment model.
The apartments will be allotted through an online competitive bidding process, with the highest eligible bidders securing the units.
According to the Official Notice"
E-auction application form for sale of Residential Apartment- Avenue Towers, Africa avenue,
New Delhi Brochure Corrigendum-1
Bidder Enrollment Guide (For e-auction)
The Avenue Towers project consists of 262 luxury 4 BHK apartments spread across nine residential towers . Each tower will have 10 floors , with only two to three apartments per floor , connected through skywalks.
The apartments are available in three configurations with saleable areas ranging from approximately 4,200 sq. ft. to 4,700 sq. ft. , while carpet areas range between 2,518 sq. ft. and 2,598 sq. ft. Every apartment includes three dedicated car parking spaces .
Residents will have access to a 50,000 sq. ft. clubhouse , sky gardens , landscaped green spaces, an open-air gym , yoga deck , residents' lounge, pet park, spacious balconies, premium entrance lobbies, tower-specific drop-off areas and sustainable green infrastructure.
NBCC expects the auction to raise approximately ₹4,400 crore , which will help finance the redevelopment of government housing colonies across Delhi. The larger ₹32,000 crore GPRA redevelopment project aims to replace 12,970 ageing government quarters with 21,083 modern residential units , along with commercial spaces and upgraded urban infrastructure.
The project has already received RERA registration , and NBCC expects construction to be completed within the next two years .
New Delhi: NBCC (India) Limited , a Navratna CPSE under the Ministry of Housing and Urban Affairs , has announced an attractive e-auction for shops and office spaces at the prestigious ‘Downtown’ commercial complex in Sarojini Nagar, New Delhi .
According to the official notification, the e-auction will be conducted on May 22, 2026 , while the last date for submission of EMD is May 21, 2026 . The commercial spaces are being offered through direct sale via e-auction .
The project is registered under RERA Registration Number: DLRERA2022P0011 .
NOTICE
The NBCC advertisement highlights that the Downtown Sarojini Nagar project is located at a zero-distance location from Sarojini Nagar Metro Station and the famous Sarojini Nagar Market , making it a highly sought-after commercial destination in Delhi.
The project offers a strategic advantage for businesses, retailers, startups, and office buyers looking for premium commercial property in South Delhi.
One of the biggest attractions of this NBCC commercial property auction is that no GST will be applicable on the sale price , which can significantly reduce the overall acquisition cost for buyers.
NBCC has also stated that immediate possession and conveyance deed execution will be completed within 30 days from final payment , offering quick ownership transfer to successful bidders.
The public notice mentions that only a limited inventory of shops and office units is available under the e-auction process. Interested buyers are advised to complete registration and EMD submission before the deadline.
Application forms are available on the official NBCC website.
Website: www.nbccindia.in/buyproperties
For further details, interested applicants can contact:
The redevelopment project is being executed by NBCC (India) Limited on behalf of the Ministry of Housing and Urban Affairs, Government of India .
New Delhi February 02 2026
The Honble Supreme Court monitored housing projects of Aspire Group executed by NBCC India Limited have been opened for bulk sale through e auction under the supervision of the Ld Court Receiver. The move aims to liquidate unsold residential inventory in major housing projects located in Noida and Greater Noida in Uttar Pradesh providing an opportunity for bulk buyers developers investors and institutional purchasers to acquire premium residential assets at competitive prices.
According to the official notification issued by NBCC India Limited a Navratna CPSE the e auction will cover unsold 3BHK and 4BHK residential apartments across four major Aspire Group projects namely Aspire Leisure Valley Aspire Silicon City Aspire Centurian Park and Aspire Leisure Park. These projects are located in Techzone IV Greater Noida West and Sector 76 Noida and offer modern residential infrastructure along with access to key urban amenities and transport connectivity.
Aspire Leisure Valley located in Techzone IV Greater Noida West offers spacious 3BHK and 4BHK apartments with modern amenities. The project enjoys proximity to D Mart and provides road connectivity to Anand Vihar ISBT and Railway Station within approximately thirty five minutes. Aspire Silicon City situated in Phase IV Sector 76 Noida comprises premium residential towers offering 3BHK and 4BHK units. The project is located near Spectrum Mall Noida and has metro connectivity through Noida Sector 50 Aqua Line and Sector 76 Metro stations. Anand Vihar ISBT and Railway Station can be reached in around twenty five minutes from the project location.
Aspire Centurian Park and Aspire Leisure Park are both located in Techzone IV Greater Noida West and offer 3BHK and 4BHK apartments with modern lifestyle amenities. These projects are situated near D Mart and are well connected to Anand Vihar ISBT and Railway Station with travel time of approximately thirty minutes making them suitable for residential buyers and long term investors seeking property assets in the fast developing Greater Noida region.
The schedule released by NBCC India Limited states that the last date for submission of earnest money deposit is February 10 2026 while the e auction will be conducted on February 11 2026. The pre bid meeting for interested bidders is scheduled to be held on February 03 2026. The EMD for the packages ranges between Rs 9.70 crore and Rs 20.90 crore. A total of six bulk sale packages are being offered with package values ranging from Rs 485 crore to Rs 1,045 crore indicating large scale asset monetisation of residential inventory.
Officials said the Supreme Court monitored sale through the Court Receiver ensures transparency and legal clarity in the transaction process which is expected to boost buyer confidence and attract institutional participation. Real estate market experts said the bulk sale of Aspire Group inventory by NBCC is likely to create renewed interest in the Noida and Greater Noida housing market and could improve liquidity for stalled and legacy housing projects in the NCR region.
Interested bidders can access detailed e auction documents on the official websites of NBCC India Limited and the Court Receiver Amrapali. For further information bidders may also contact the official helpline number provided in the auction notice.
Supreme Court–monitored Amrapali housing projects to be auctioned by NBCC
Noida: The National Buildings Construction Corporation (NBCC) will conduct a bulk e-auction of residential inventory across four Amrapali Group housing projects in Noida and Greater Noida West later this month, officials said. The auction is being carried out under the supervision of the Hon’ble Supreme Court through the office of the court-appointed receiver.
According to the auction notice, the projects—being developed under the ASPIRE brand—include Aspire Silicon City in Sector 76, Noida , and Aspire Leisure Park, Aspire Leisure Valley, and Aspire Centurian Park in Techzone-IV, Greater Noida (West) . All projects comprise spacious 3BHK and 4BHK apartments equipped with modern amenities .
The e-auction process will be executed by NBCC (India) Limited , a Navratna central public sector enterprise entrusted by the Supreme Court with completing stalled Amrapali housing projects.
Officials said the sale is intended as a bulk inventory auction , primarily aimed at institutional investors, developers and large buyers. A total of seven packages will be offered, with individual package values ranging from ₹485 crore to ₹1,045 crore .
The earnest money deposit (EMD) for participation has been fixed between ₹9.70 crore and ₹20.90 crore , depending on the package selected. The last date for submission of EMD is December 27, 2025 , while the online e-auction is scheduled for December 29, 2025 .
Aspire Silicon City is located near Spectrum Mall in Noida, with connectivity to the Aqua Line Metro at Sector 50, while the Greater Noida West projects are situated close to D-Mart and offer road connectivity to Anand Vihar ISBT and the railway station within 30–35 minutes, the notice said.
Interested bidders can access detailed auction documents through the official websites of NBCC and the Amrapali court receiver , or by scanning the QR code provided in the notice.
Officials added that the auction forms part of ongoing efforts to monetise unsold inventory and fund the completion of long-pending housing projects under the Supreme Court’s monitoring.
NBCC (India) Limited, a Navratna CPSE under the Government of India, on behalf of the Sri Vijaya Puram Municipal Council (SVPMC), has announced the sale of commercial built-up spaces through an e-auction under the PMAY Project at Prothrapur, Sri Vijaya Puram.
The project offers retail and office spaces on a freehold basis , located at Prothrapur, Sri Vijaya Puram. These commercial units are being sold to meet the growing demand for business and retail establishments in the region.
Location: Prothrapur, Sri Vijaya Puram
Type: Retail/Office commercial units
Mode of Sale: E-auction conducted by RailTel
Reserve Price: ₹6,500 per sq.ft. (minimum increment: ₹100/sq.ft.)
Total Units: 40,683 sq.ft. carpet area / 59,534 sq.ft. super built-up area
Total Reserve Value: ₹38.7 crore (approx.)
Parking: One Equivalent Car Space (ECS) for every 1,000 sq.ft., at ₹2,00,000 per slot. Additional slots subject to availability.
Issue of NIT: 01 September 2025
Pre-bid Queries: Up to 24 September 2025 (3:00 PM)
Pre-bid Meeting: 25 September 2025, 3:00 PM at NBCC Office, Kochi
Mock E-Auction: 22–24 September 2025 (working hours)
Last Date for EMD Submission: 28 September 2025 (3:00 PM)
E-Auction Date: 30 September 2025 (11:00 AM – 3:00 PM, extendable)
Earnest Money Deposit (EMD): As per Annexure I, payable online via RailTel portal
Registration Fee: ₹1,180 (non-refundable)
Auction Processing Fee: ₹10,620 (non-refundable)
Maintenance Charges: ₹7/sq.ft. per month (payable in advance for 1 year)
Interest Free Maintenance Security (IFMS): ₹25/sq.ft. at possession
Taxes: GST and other statutory charges payable extra
At Application: 1% of Basic Value (EMD)
Within 15 days of Auction: 5% of bid price × Super BUA (less EMD)
Within 30 days: Further 5% of bid price
Linked Installments: 10%–20% at construction milestones (foundation, slab, finishing)
At Possession: 10% + IFMS + maintenance charges
Applicants must be legally competent under Indian law. Eligible entities include individuals, companies, partnerships, trusts, societies, government departments, and PSUs. Necessary documents such as PAN, Aadhaar, incorporation certificates, MoA/AoA (if applicable), and authorization letters must be submitted along with the application.
Units will be allotted only if the final bid price is equal to or above the reserve price.
Allottees must sign the Agreement to Sale within the stipulated period.
Possession will be handed over within 24 months, subject to approvals and force majeure.
In case of default in payment, EMD and/or part payments may be forfeited.
NBCC/SVPMC reserves the right to reject bids or withdraw units without assigning reasons.
Interested buyers must register on the RailTel e-auction portal, pay the registration and processing fees, and deposit the EMD before the deadline. Only registered bidders with valid DSC (Digital Signature Certificate – Class 3) will be eligible to participate.
This is a unique opportunity to acquire prime commercial spaces in Prothrapur, Sri Vijaya Puram under a government-backed PMAY project. Investors, business owners, and institutions are encouraged to participate in the e-auction to secure their place in this growing commercial hub.
For more information, visit www.nbccindia.com or contact NBCC at [email protected] .
