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NBCC sells 432 homes to AU Real Estate for Rs 1,069-Cr

State-run NBCC Ltd. has completed the sale of 432 residential units in Aspire Leisure Valley and Aspire Centurion Park for Rs 1,069 crore to AU Real Estate, a developer based in the NCR region. NBCC will use the proceeds from this bulk sale to repay bank loans and reduce funding requirements for its ongoing projects.

With this transaction, NBCC’s cumulative collections from the bulk sale of residential units across various Amrapali project auctions have crossed Rs 10,000 crore.

In May 2025, AU Real Estate also acquired the selling rights for Aspire Silicon City for Rs 1,467.93 crore.

Following the latest acquisition, AU Real Estate has launched Aspire Leisure Valley in Greater Noida West, offering the project at an introductory price of Rs 7,979 per sq. ft.

“At Leisure Valley, focus is on elevating everyday living,” said Ashish Agarwal, Director, AU Real Estate.

Aspire Leisure Valley is part of NBCC Leisure Valley, located in Techzone IV, Greater Noida West, just a minute from D-Mart and around ten minutes from Central Noida. The project includes residential towers featuring 3BHK homes measuring 2,176 sq. ft. and 2,188 sq. ft.

The development benefits from strong connectivity through the Noida–Greater Noida Link Road and NH-24, while offering easy access to Sector 51 Metro Station (Aqua Line), the upcoming Gaur Chowk metro station, Ghaziabad Railway Station, IGI Airport, and the upcoming Noida International Airport in Jewar. The area’s retail, healthcare, and educational infrastructure further enhances its appeal.

NBCC is responsible for delivering more than 41,000 sold and 5,000 unsold units across over 20 stalled Amrapali projects, totaling around 46,000 homes.

NBCC has appointed construction partners for all impacted sites, and work is underway across every project.

The latest bulk sale further strengthens NBCC’s progress in reviving stalled Amrapali projects and underscores the growing confidence of developers like AU Real Estate in the region’s potential. As connectivity, infrastructure, and demand continue to improve, Greater Noida’s real estate market is poised for sustained growth, making these developments increasingly attractive to homebuyers and investors alike.

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BRL Editorhttps://businessreviewlive.com
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