Public sector organizations have acquired roughly 4.38 lakh square feet, or approximately Rs 1,740 crore, of the total area sold. 

The government has sold 4.8 lakh square feet of commercial space in South Delhi for Rs 1,905 crore, according to state-owned construction company NBCC (India) on Wednesday. 

With the sale of 4.8 lakh square feet of commercial space for Rs 1,905 crore in the 25th e-auction for commercial space at the World Trade  Centre (WTC) in Nauroki Nagar, NBCC achieved the highest sale realization. 

The statement is, “The main organizations that bought space during this e-auction are Power Finance Corporation Ltd, Security Printing and Minting Corporation of India Ltd, and Solar Energy Corporation of India Ltd.” 

Of the total area sold, about 4.38 lakh square feet, or about Rs 1,740 crore in sales value, were sold to public sector units (PSUs). 

Two private organizations and three PSU bidders were among the five successful bidders. 

With a sale value of more than Rs 12,100 crore, NBCC has sold over 30 lakh square feet of commercial space through 25 e-auctions as of this writing. 

The WTC is a notable development that has drawn high-profile purchasers from various sectors.  94% of progress in the physical construction is moving quickly toward completion. 

The World Trade  Center is being rebuilt as a commercial hub, replacing 628 outdated and decaying apartments with approximately 34 lakh square feet of built-up commercial space.