New Delhi, 15 September 2024 – If you are looking for prime real estate in Delhi, NBCC DownTown Sarojini Nagar is now available for acquisition without the cumbersome government process. Mansan Builders has begun selling office spaces and retail shops at NBCC Downtown Sarojini Nagar in the open market, following their bulk acquisition from NBCC (India) Limited, a public sector enterprise. This marks a significant step in making premium commercial spaces available to businesses and investors in one of Delhi’s most sought-after locations.
NBCC, known for its role in redeveloping government properties, successfully sold its entire commercial and retail inventory in Downtown Sarojini Nagar through a series of auctions. The total space, measuring 3.64 lakh sqft, was valued at approximately Rs 1,391 crore. Mansan Builders, a prominent real estate developer, acquired a substantial portion of the inventory and is now offering these premium spaces for sale, making Downtown a highly desirable location for businesses looking to set up in Delhi.
This sale is part of NBCC’s broader success in offloading high-value commercial properties in Delhi. In addition to Downtown Sarojini Nagar, NBCC has also sold 32.88 lakh sqft of office space at the World Trade Centre (WTC) Nauroji Nagar, valued at Rs 13,408.7 crore. The total value of these transactions reached approximately Rs 14,800 crore, highlighting the strong demand for premium office and retail spaces in the capital.
NBCC’s Downtown Sarojini Nagar project spans 2.18 acres of prime land and features a total built-up area of 3.77 lakh sqft. The development includes four levels of retail spaces and five levels of office spaces, designed to cater to businesses looking for modern, well-connected commercial hubs. Located adjacent to the Sarojini Nagar Market and Metro Station, Downtown offers excellent footfall and accessibility, making it an ideal spot for retailers and corporate offices alike.
With the inventory now available for sale, businesses have the opportunity to secure prime commercial real estate in a high-traffic area. The project is part of NBCC’s larger effort to redevelop government properties under a self-sustaining model, with Mansan Builders playing a key role in bringing these spaces to market.
The ongoing sales by Mansan Builders open up exciting opportunities for investors and businesses to be part of the Downtown Sarojini Nagar success story, which is set to become a central hub for commerce and culture in Delhi.