Russian bank, PSUs help NBCC generate Rs 5,779 cr from office tower sale in south Delhi

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Russia's Sberbank has acquired two office towers in South Delhi for approximately Rs 2,000 crore. NBCC sold these towers as part of a larger e-auction of 14 lakh sq ft across five towers at Bharat Business Park. This auction achieved a record sale value for NBCC. The funds will support ongoing redevelopment projects.