Independent research only · Not affiliated with any government, bank, or auction agency · Register, pay, and bid through the authority’s official process directly.

Announced17 Jul 2026
Pre-bid EMD closed6 Aug 2026
Cancelled19 Aug 2026
NBCC has another auction — Sarojini Nagar office floors — Oct 20263 office floors in Sarojini Nagar, New Delhi — notice, dates & reserves on one page.
NBCCAuction cancelled

NBCC Avenue Towers July 2026 e-auction: 262 apartments across Africa Avenue, New Delhi

NBCC/Sr. ED/2026/442 from NBCC (India) Limited — offered on the eNivida e-auction portal.

262 apartments9 towersReserve ₹15.75 Cr – ₹17.76 CrPre-bid EMD closed 6 Aug 2026
Auction cancelled. NBCC Corrigendum-7, dated 19 Aug 2026, cancels the 8 Aug 2026, 12:00–2:00 PM IST auction, postponed on 7 Aug and never rescheduled for administrative reasons. NBCC says the earnest money deposit and the auction processing fee paid on the RAILTEL portal are both refunded in full within three working days of 19 Aug 2026, to the bank account the applicant gave. It calls the processing-fee refund ex gratia and not a precedent, even though the application document treats that fee as non-refundable. The notice cancels this auction only. It does not withdraw the project, and NBCC asks interested bidders to watch its website for any further auction. Do not register, pay or bid against the former schedule. This page is kept as a permanent, dated record of the notice — the facts below are preserved for reference. This cancellation record establishes no sale or allotment outcome.

Key facts NBCC Avenue Towers July 2026 e-auction

Authority
NBCC (India) Limited
Status
Cancelled
Apartments
262 across 9 towers
Location
Africa Avenue, New Delhi, Delhi
Live e-auction — cancelled
8 Aug 2026, 12:00–2:00 PM IST — cancelled without being held
Pre-bid EMD closes
6 Aug 2026, 8:00 PM IST
EMD
₹31.51 L – ₹35.52 L
Reserve price range
₹15.75 Cr – ₹17.76 Cr
Official source
NBCC Corrigendum-7 (www.nbccindia.in)
Last verified
19 Aug 2026

Compiled from NBCC’s own NBCC/Sr. ED/2026/442. BiddingPulse is independent research, not affiliated with NBCC; registration, payment and bidding happen on the official source.

On the numbers

What “262 apartments” means

What the NBCC notice says

NBCC (India) Limited, acting on behalf of the Ministry of Housing and Urban Affairs, offered all 262 listed Avenue Towers apartments on a freehold basis across Towers 1–9. Annexure I prices each apartment at ₹37,161 per sq ft of super built-up area: 84 Type A, 93 Type B and 85 Type C units, with published reserves of ₹15,75,36,395–₹17,76,12,446 and unit-specific EMDs of ₹31,50,728–₹35,52,249. Corrigenda 1–4 revised the venue, buyer replies, carpet-area presentation and schedule, and Corrigendum/Addendum-6 postponed the 8 Aug e-auction for technical reasons. Corrigendum-7, dated 19 Aug, then cancelled the e-auction for administrative reasons. It says each applicant’s EMD and the auction processing fee paid on the RAILTEL portal are to be refunded in full, within three working days of that date, to the bank account the applicant gave.

What BiddingPulse covers

We cover the complete Annexure I catalogue as nine tower summaries rather than reproducing 262 unit-level rows. We record each official update separately and compare the revised 59-page application NBCC linked on 31 Jul with the earlier copies. It retains the same 262-unit inventory, reserves, EMDs, payment plan, transfer terms and 42-month physical-completion clause while adding two “/ carpet” references and a note confirming the ₹37,161 super-built-up-area starting rate. Corrigendum/Addendum-6 later postponed the 8 Aug session, and Corrigendum-7 dated 19 Aug cancelled the e-auction, saying each applicant’s EMD and auction processing fee would be refunded in full within three working days. We keep this page as a dated record of the cancelled sale. NBCC re-offered the same 262 apartments under a new application dated 3 Oct 2026, with new dates and terms, and our October 2026 page covers that sale. For further updates, Corrigendum-7 asks interested bidders to check NBCC’s website.

The notice, in plain terms

Compiled by BiddingPulse · cited to NBCC/Sr. ED/2026/442 and linked official sources

NBCC (India) Limited published its Avenue Towers July 2026 notice (NBCC/Sr. ED/2026/442, dated 17 Jul 2026), having offered 262 apartments across 9 towers in Africa Avenue, New Delhi. The cancelled e-auction had been scheduled to run on the authority-designated online portal named in the notice rather than in a room. BiddingPulse summarizes the notice — its listed apartments, towers, schedule, sizes, reserve prices — without reproducing a unit-level schedule.

The notice set a published public timetable for the auction. The notice required bidders to record their interest and place the deposit by 6 Aug 2026, 8:00 PM IST, and bidding had been scheduled for 8 Aug 2026, 12:00–2:00 PM IST — cancelled without being held. The notice set registration, its pre-bid payment process, and bidding on the NBCC RailTel eNivida e-auction portal, the authority-designated portal named in the notice; any successful-bidder payments follow the authority’s separate terms, and the authoritative notice sits on nbccindia.in. BiddingPulse lays out the auction's facts; it is never a party to it.

The notice set two numbers for every apartment. The first is the reserve price — the authority’s floor, below which no bid is accepted. On bidding, the notice says: the ₹37,161 per sq ft reserve is itself the starting bid, and later bids must rise by at least ₹100 per sq ft. Across these 262 apartments, the reserve runs from ₹15.75 Cr to ₹17.76 Cr, which works out to about ₹4,00,000 per square metre. The apartments measure about 393.84 to 444.03 square metres (the notice states the area is approximate). The reserve price was a published minimum for the cancelled auction, not a sale price. The second number is the earnest-money deposit (EMD), a refundable deposit paid before bidding. It is 2% of the published reserve: ₹31.51 lakh–₹35.52 lakh per apartment. The application document says unsuccessful bidders’ EMD is returned within 15 working days of the e-auction without interest; adjustment and forfeiture rules apply to the highest bidder. These two are not the whole cost: the notice also lists a non-refundable ₹1,770 registration fee, plus a non-refundable ₹17,700 auction-processing fee for each bid (both include GST), GST, stamp duty, registration and other applicable statutory or development charges, at the final stage, IFMS/sinking fund at ₹200 per sq ft and a ₹5 lakh club charge plus GST, and two years of advance maintenance at ₹6 per sq ft per month plus GST.

NBCC Corrigendum-7 cancelled this auction on 19 Aug 2026 for administrative reasons. NBCC says the earnest money deposit and the auction processing fee paid on the RAILTEL portal are both refunded in full within three working days of 19 Aug 2026, to the bank account the applicant gave. It calls the processing-fee refund ex gratia and not a precedent, even though the application document treats that fee as non-refundable. The notice cancels this auction only. It does not withdraw the project, and NBCC asks interested bidders to watch its website for any further auction. This page is kept as a dated record of the notice; do not register, pay or bid against the former schedule. Every figure traces to the cited NBCC (India) Limited publications; the authority’s current documents and portal control.

Auction timeline

Dates from NBCC/Sr. ED/2026/442 and linked official sources
StageDate & timeWhat it meansSource
Application document dated17 Jul 2026NBCC dated application document 442 and its 262-apartment Annexure INBCC
Offer-document period opens17 Jul 2026The offer-document period begins; Corrigendum/Addendum-4 extends availability through 8 Aug 2026NBCC
Pre-bid meeting21 Jul 2026, 11:30 AM ISTAt Office Block-1, Ground Floor, East Kidwai Nagar, New Delhi — the venue revised by Corrigendum/Addendum-1NBCC
Mock e-auction7 Aug 2026, 11:00 AM–1:00 PM and 2:00–6:00 PM ISTTwo revised portal-familiarisation sessions, with a one-hour break between themNBCC Corrigendum/Addendum-4
Pre-bid EMD closes6 Aug 2026, 8:00 PM ISTRevised last time to complete the unit-specific EMD through the official portal workflowNBCC Corrigendum/Addendum-4
Live e-auction — cancelled8 Aug 2026, 12:00–2:00 PM IST — cancelled without being heldCorrigendum/Addendum-4 had scheduled this 8 Aug slot. Corrigendum/Addendum-6 dated 7 Aug postponed it for technical reasons, and Corrigendum-7 dated 19 Aug cancels the e-auction outright for administrative reasons. This row preserves the former schedule only; it is not a current bidding window, and no replacement date exists.NBCC Corrigenda 4, 6 and 7

What NBCC answered for buyers

On 24 Jul NBCC published its replies to bidders’ pre-bid questions, together with a revised application, specifications, drawings and the brochure. The answers below are NBCC’s own, summarised by BiddingPulse and not guaranteed by us. Two things to keep in mind before relying on them: the reply table is headed “Draft Reply”, and where the revised application changed the original, it was NBCC’s later documents and its eNivida listing that controlled. Corrigendum/Addendum-6 later postponed the 8 Aug e-auction, and Corrigendum-7 dated 19 Aug cancelled it; these answers are kept as a dated record of what NBCC said, not as terms of a current sale.

Corrigendum-7 dated 19 Aug 2026; Corrigendum/Addendum-6 dated 7 Aug 2026; NBCC application NBCC/Sr. ED/2026/740 dated 3 Oct 2026, notice items 1, 5 and 11; October Corrigendum/Addendum-01 dated 17 Oct 2026, page 1

Is this e-auction still going ahead?

No. Corrigendum-7 dated 19 Aug cancelled it for administrative reasons, and on 3 Oct 2026 NBCC re-offered the same 262 apartments under a new application, NBCC/Sr. ED/2026/740, with new dates and terms: Corrigendum/Addendum-01 dated 17 Oct extends its EMD deadline to 22 Oct, 8:00 PM IST, and its e-auction to 24 Oct 2026, 12:00–2:00 PM IST or until extended. Before that, Corrigendum/Addendum-6 dated 7 Aug had postponed the 8 Aug e-auction for technical reasons. NBCC says the earnest money deposit and the RAILTEL portal processing fee are refunded in full within three working days of 19 Aug, calling the fee refund ex gratia and not a precedent. Corrigendum-7 cancels this auction only; it does not withdraw the project.

Clauses 24 and 31 · revised charges

How does a change of allotment work before possession?

You may request one; NBCC is not obliged to allow it. Under clause 24 a transfer to a third party needs at least 50% of the bid value paid — even if that instalment was not yet due — plus MoHUA approval, the required documents and cleared dues, all before the Offer for Possession, and it cannot be below the property’s bid value. The charge is 2% of the bid value plus taxes, cut from 5% by Corrigendum-2. NBCC may refuse for any reason, and a resale without prior permission can trigger cancellation and forfeiture. A bidder asked NBCC to reconcile this with the first-transfer position they said the RERA registration carries; the reply was that the bid document prevails.

Clauses 24.10–24.12

Which name changes are free of charge?

Three, with applicable taxes still extra. Adding or removing a joint applicant who is a blood relation carries NIL charges once, and the document says that is not treated as a transfer. A transfer to a family member with blood relation — defined as spouse, parent, child or sibling — also carries NIL charges. So does removing a deceased applicant’s name or adding their legal heirs, against the required legal documents.

Clauses 7 and 24.8 · terrace and FAR

Who owns the terrace, and can NBCC build on it later?

Not the buyer. Clause 7 says that even after the conveyance deed is executed the Government of India keeps exclusive rights to the terrace and may develop it — making additions, raising additional floors and building additional structures, subject to applicable laws — and that anything it builds there is its sole property, which it may dispose of without interference from allottees. Clause 24.8 leaves any future increase in floor area ratio with MoHUA, again to be used only as applicable laws permit. The brochure separately markets terrace amenities such as a skywalk, open gym, lounge and yoga deck; a bidder asked for the clause to be deleted and NBCC replied that the bid document prevails. What access residents get to those amenities is a separate question — confirm it in the final agreement.

Pre-bid reply table · Annexure 2

How much parking is included, and can I let the flat out?

NBCC’s reply says a buyer may occupy the apartment or give it on rent, as they choose. Three car parking spaces are allotted with each apartment, out of approximately 852 covered spaces; NBCC decides the location and its decision is final and binding, and spaces may not be contiguous. All parking sits in the basement, guest parking included. The project is stated to have 99 EV-charging ports, shared by all owners and billed on actual consumption.

Pre-bid reply table

What is around the towers, and how is noise handled?

NBCC’s reply says there is no rear cluster: the development is a single row of nine residential towers, set back 12 m to 15 m from the boundary wall. Behind the towers, about 12 m from the rear, the boundary wall gives on to L-Avenue Road, and across that road stand the existing low-rise RBI residential quarters. On noise, NBCC says the DG sets get a sound-attenuated canopy and external doors and windows use double-glazed (DGU) glass where applicable, and that no other sound-proofing or acoustic work will be done.

Pre-bid reply table · Annexure 1

What is fitted out inside the apartment?

NBCC states it is not installing air-conditioning inside apartments — buyers do that at their own cost — while VRF air-conditioning is provided only in the community building and the tower entrance lobbies. Built-in wardrobes and internal data wiring are included; home automation is not. The attached specification lists modular kitchen cabinetry, a pre-polished granite counter, an SS316 sink, a chimney and a four-burner hob.

Pre-bid reply table

What are the ceiling heights and shared facilities?

The replies give a floor-to-floor height of 3.22 m and about 3.02 m of clear height to the underside of the slab. Each tower has its own entrance lobby, reception and security. The clubhouse forms part of Towers 4, 5 and 6, and the stated sewage-treatment capacity is 247 KLD.

Pre-bid reply table

How is GST charged, and how do I pay?

NBCC says GST on the sale is payable under reverse charge at the rate applicable to the buyer’s status, and advises consulting a tax adviser; advance maintenance and club charges attract 18% GST under forward charge. Its answer to a cheque query — payment by NEFT, RTGS or bank transfer rather than cheque — addressed payment generally, so do not read it as the EMD route.

Note 1 · EMD payment terms

How are the EMD and processing fee paid?

Through the portal, not by transfer to NBCC. Note 1 says the EMD is deposited through RTGS, NEFT or e-Payment, that the EMD and the auction processing fee are both to be paid online using the portal’s e-payment gateway, and that an EMD in any other form will not be accepted. Complete both through the portal workflow the application specifies.

Clause 12.2 · pre-bid reply table

How much does maintenance rise over time?

Under clause 12.2, maintenance rises 20% after the first two years, then 20% at the end of every three years. A bidder asked for that to be capped at 15%; NBCC replied that the bid document prevails.

Annexure 8 · Schedules A–F · pre-bid reply table

What do I only receive after allotment?

Annexure 8 says the description of the unit with its parking and boundaries (Schedule A) and the unit’s layout and floor plan (Schedule B) are provided once the allotment is made — so the unit-specific plan and boundary schedule are not part of the bid document. The construction schedule also follows allotment, with the payment plan as per the bid document; specifications and amenities follow the latest brochure; and the draft maintenance agreement comes at possession. NBCC separately said a project walkthrough will be uploaded.

Development status & RERA

Physical project clock · separate from auction dates

NBCC states that construction has started; the reviewed official sources do not give an exact site-start date. NBCC publishes no completion or possession date. What its application does publish is 42 months from each buyer’s own allotment letter to finish building, and that clock can be extended. Getting the keys comes later still, after the occupancy certificate.

Delhi RERAVerify live

DLRERA2026P0010

NBCC prints DLRERA2026P0010 in its application documents. The Delhi RERA site did not load on any of our six dated checks, so we could not match it to a live registry record. Check the number and the certificate’s current validity with Delhi RERA.

Search the official registry
CPPP16 Dec 2024

Africa Avenue construction tender published

The Government of India procurement record covers construction of service apartments and a community centre, with a 730-day work period. The live record does not publish a unit count; the later auction annexure offers 262 apartments.

Open CPPP source
NBCCBy 17 Jul 2026

Construction reported started

NBCC application-document page 26 says the drawings have statutory approval and “the construction of site has started”. It publishes no exact commencement date or independently certified percentage complete.

Open NBCC source
NBCC42 months from allotment letter

Physical-completion term

Clause 21.3 sets a buyer-specific physical-completion period, subject to force-majeure and other extension terms. Final possession can take longer because clause 21 also requires statutory clearances and an occupancy certificate.

Open NBCC source
NBCC24 Jul 2026

Possession-date query answered

When asked for a possession date, NBCC’s pre-bid reply says the bid document shall prevail. Corrigendum-2 gives no new fixed calendar possession date, so the buyer-specific 42-month physical-completion term remains the published benchmark.

Open NBCC source
Hindustan TimesAround Jul 2028

Secondary completion expectation

A Hindustan Times report first published 19 Jul 2026, citing unnamed sources, says NBCC expects construction within two years. This is an indicative media timeline—not the buyer-document deadline or a possession commitment.

Open Hindustan Times source
NBCC Avenue Towers application page 26 naming Delhi RERA registration DLRERA2026P0010 and stating that construction has started
NBCC application document, page 26: the authority prints DLRERA2026P0010 and states that construction has started. This is an NBCC source capture, not a Delhi RERA registry capture.

Where the 262 apartments are

Counts from NBCC/Sr. ED/2026/442: 9 towers, 262 apartments

The notice groups the 262 apartments into 9 towers. The bar shows how many apartments are in each group.

Tower 131 apartments
Tower 231 apartments
Tower 331 apartments
Tower 731 apartments
Tower 831 apartments
Tower 931 apartments
Other3 towers · 76 apartments
  • Tower 429 apartments
  • Tower 629 apartments
  • Tower 518 apartments
The NBCC hubIf BiddingPulse publishes research for this auction, details of all 262 apartments will be available there. The notice facts stay on this page.

Verify on the official source

Publicly available NBCC sources

NBCC Corrigendum-7 cancelled the former 8 Aug 2026, 12:00–2:00 PM IST auction, postponed on 7 Aug and never rescheduled for administrative reasons. NBCC says the earnest money deposit and the auction processing fee paid on the RAILTEL portal are both refunded in full within three working days of 19 Aug 2026, to the bank account the applicant gave. It calls the processing-fee refund ex gratia and not a precedent, even though the application document treats that fee as non-refundable. Use the official sources below to check for any future sale; do not register, pay or bid against the former schedule.

Revised Avenue Towers application (PDF)59 pages · linked by NBCC on 31 Jul 2026Original Avenue Towers application dated 17 Jul 2026 (PDF)59 pages · historical first issue; NBCC’s 31 Jul revised application is linked aboveCorrigendum/Addendum-1 — revised pre-bid venue (PDF)1 page · dated 18 Jul 2026 · East Kidwai Nagar replaces NBCC BhawanCorrigendum-2 — pre-bid replies and revised application (PDF)145 pages · about 129 MB · published 24 Jul 2026 · bidder queries, annexures and revised applicationCorrigendum-3 — the same reserves restated per sq ft of carpet area (PDF)6 pages · dated 25 Jul 2026, published 27 Jul 2026 · all 262 apartments, unchanged prices and EMDsCorrigendum/Addendum-4 — revised EMD, document, mock-auction and live-auction dates (PDF)1 page · dated 30 Jul 2026, digitally signed 15:02 IST · auction moved to 8 Aug 2026Corrigendum-7 — the e-auction is cancelled (PDF)1 page · notice NBCC/Sr.ED/2026/466 dated 19 Aug 2026, digitally signed 16:43:55 IST · cancels the sale and sets a three-working-day refundCorrigendum/Addendum-6 — 8 Aug e-auction postponed (PDF)1 page · dated 7 Aug 2026 · technical-reasons postponement; revised date to be notified separatelyeNivida NBCC auction portal — Avenue Towers corrigendaOfficial portal home · Published Auctions → search Avenue Towers → View → Corrigendum; a 7 Aug capture recorded Corrigendum06 approved at 7:43 PM ISTNBCC Avenue Towers source page and updatesOfficial NBCC property listings · on 4 Oct 2026 its Avenue Towers card carried only the October re-offer’s documents, none of this sale’sAvenue Towers brochure (PDF)44 pages · configuration and amenities; Annexure I controls auction areas and pricesNBCC bidder-enrolment guide (PDF)3 pages · portal registration, payment workflow and helpdesk detailsDelhi RERA registered-projects registryOfficial registry · search the exact project registration DLRERA2026P0010Africa Avenue construction-package tender recordOfficial CPPP record · published 16 Dec 2024 · 730-day work periodNBCC RailTel eNivida e-auction portalOfficial portal named for this dated record; use it only to verify the archived status or a later authority update — do not register, pay or bid from this page · nbccauction.enivida.com

Questions buyers are asking

What EMD is required for the NBCC Avenue Towers July 2026 auction?
The earnest-money deposit (EMD), a refundable deposit paid before bidding, is 2% of the published reserve: ₹31.51 lakh–₹35.52 lakh per apartment. The notice required it on the eNivida portal by the 6 Aug 2026, 8:00 PM IST deadline. The application document says unsuccessful bidders’ EMD is returned within 15 working days of the e-auction without interest; adjustment and forfeiture rules apply to the highest bidder.
What was the published pre-bid EMD deadline for the NBCC Avenue Towers July 2026 auction?
The notice set Pre-bid EMD closes — 6 Aug 2026, 8:00 PM IST. NBCC Corrigendum-7 cancelled the auction previously scheduled for 8 Aug 2026, 12:00–2:00 PM IST auction, postponed on 7 Aug and never rescheduled, in a notice dated 19 Aug 2026, for administrative reasons. NBCC says the earnest money deposit and the auction processing fee paid on the RAILTEL portal are both refunded in full within three working days of 19 Aug 2026, to the bank account the applicant gave. It calls the processing-fee refund ex gratia and not a precedent, even though the application document treats that fee as non-refundable. The former slot no longer applies.
How many apartments are in the NBCC Avenue Towers July 2026 auction?
The notice offers 262 apartments across 9 towers, under NBCC/Sr. ED/2026/442, dated 17 Jul 2026.
What does BiddingPulse cover for the NBCC Avenue Towers July 2026 auction?
We cover the complete Annexure I catalogue as nine tower summaries rather than reproducing 262 unit-level rows. We record each official update separately and compare the revised 59-page application NBCC linked on 31 Jul with the earlier copies. It retains the same 262-unit inventory, reserves, EMDs, payment plan, transfer terms and 42-month physical-completion clause while adding two “/ carpet” references and a note confirming the ₹37,161 super-built-up-area starting rate. Corrigendum/Addendum-6 later postponed the 8 Aug session, and Corrigendum-7 dated 19 Aug cancelled the e-auction, saying each applicant’s EMD and auction processing fee would be refunded in full within three working days. We keep this page as a dated record of the cancelled sale. NBCC re-offered the same 262 apartments under a new application dated 3 Oct 2026, with new dates and terms, and our October 2026 page covers that sale. For further updates, Corrigendum-7 asks interested bidders to check NBCC’s website.
What are the reserve prices for the NBCC Avenue Towers July 2026 apartments?
Reserve prices range from ₹15.75 Cr to ₹17.76 Cr, which works out to about ₹4,00,000 per square metre. The reserve is the authority's floor price, not a guide to the final price. Sizes span 393.84 to 444.03 square metres (approximate).
Where were registration and bidding scheduled to take place for the NBCC Avenue Towers July 2026 auction?
The notice set registration, the EMD, and bidding on the NBCC RailTel eNivida e-auction portal at https://nbccauction.enivida.com/HomePage/loadSiteHomePage/QJcWq2Nqi4YWYMKkl1M68A. The authoritative notice is published on nbccindia.in. BiddingPulse is not a party to the auction — verify the published bidding schedule and current status only on the official source.
What else should I know about this auction?
From the official documents
  • Annexure I is the auction schedule: it lists 84 Type A, 93 Type B and 85 Type C apartments; its 4,239.29–4,779.54 sq ft super built-up areas differ by a few hundredths of a sq ft from the brochure’s saleable-area captions, 4,239.24–4,779.59 sq ft.
  • the size card shows the 393.84–444.03 sq m super built-up area used to calculate the reserve; the published carpet-area range is 233.96–241.34 sq m.
  • Corrigendum-3 restates the same reserves per sq ft of carpet area, ₹62,555.51 to ₹68,370.76 — higher only because carpet area is 54%–59% of the super built-up area the price is worked out on; the amount payable, the areas and the EMDs are unchanged.
  • Corrigendum/Addendum-4 expressly moves the EMD deadline to 6 Aug at 8:00 PM IST, offer-document availability through 8 Aug, the mock auction to two sessions on 7 Aug, and live bidding to 8 Aug from 12:00–2:00 PM IST or until extended.
  • Corrigendum-7 dated 19 Aug cancels this e-auction for administrative reasons; NBCC says the earnest money deposit and the RAILTEL portal processing fee are both refunded in full within three working days, the fee refund expressly ex gratia and not a precedent, and asks interested bidders to watch its website for any further auction.
  • Corrigendum/Addendum-6 dated 7 Aug had postponed the 8 Aug e-auction for technical reasons, saying a revised date would follow separately; Corrigendum-7 superseded that postponement.
  • the ₹37,161 per sq ft reserve includes three covered equivalent car spaces for each apartment; parking spaces may be non-contiguous and their location is assigned by NBCC/MoHUA.
  • the agreement treats a final carpet-area variation within ±1% as a no-adjustment band, not as a maximum-variation promise; final super built-up area may change, with consideration adjusted at the bid rate under the application terms.
  • Corrigendum-2 first changed the scheduled close from 1:00 PM to 2:00 PM IST on 31 Jul; Corrigendum/Addendum-4 later expressly rescheduled live bidding to 8 Aug from 12:00–2:00 PM IST or until extended, and its own “Earlier Date & Time” column records the prior 31 Jul window as 12:00–2:00 PM IST.
  • a bid in the final 8 minutes extends that unit’s auction by 8 minutes, repeatedly, with no numerical cap stated.
  • the revised application states a 2% of bid value change-of-allotment charge plus applicable taxes, after at least 50% has been paid and before the Offer for Possession, subject to MoHUA approval and documents.
  • multiple-unit bidding is allowed, but each apartment needs its own EMD; even the highest bid remains subject to NBCC/MoHUA acceptance.
  • the highest bidder must bring the payment to 10% of the bid value, after adjusting EMD, within 15 days of the auction close or face EMD forfeiture; the balance follows the document’s construction-linked instalments.
  • NBCC prints Delhi RERA registration DLRERA2026P0010 and says construction has started, but the reviewed official sources do not publish an exact site-start date or independently certified percentage complete.
  • the official Africa Avenue construction-package tender covers service apartments and a community centre with a 730-day work period; the live procurement record does not publish a unit count, while the later auction annexure offers 262 apartments.
  • clause 21.3 states 42 months from the allotment letter for physical completion, subject to extension terms; possession is a later milestone that additionally requires statutory clearances and an occupancy certificate.
  • a Hindustan Times report first published 19 Jul 2026, citing unnamed sources, gives an indicative two-year construction expectation (around Jul 2028); it does not override the buyer-specific 42-month physical-completion term or establish a possession date.

What BiddingPulse checked
  • The revised 59-page application NBCC linked on 31 Jul republished Corrigendum-3’s carpet-area columns and Corrigendum-4’s schedule, changed two references to “super built-up / carpet area”, and added an Annexure-I note that bidding would start at ₹37,161 per sq ft on super built-up / saleable area; our comparison found no further change to the 262-unit inventory, reserves, EMDs, payment plan, transfer terms or 42-month physical-completion clause.

Check the official notice for the latest details.

Publication record

Every change dated · never silently rewritten
4 Oct 2026
NBCC re-offered the same apartments in October
On 3 Oct NBCC published a new application, NBCC/Sr. ED/2026/740, offering the same 262 Avenue Towers apartments at the same reserve prices and EMDs, with the EMD closing on 17 Oct and the e-auction on 19 Oct 2026. It is a new sale with new terms — among them one apartment per PAN and no transfer to a third party before the conveyance deed — so it has its own page, and our flat-by-flat research has moved there. This page stays the record of the July sale NBCC cancelled.
Open the October 2026 Avenue Towers page
19 Aug 2026Source corrigendum
NBCC cancelled the e-auction
NBCC published Corrigendum-7, notice NBCC/Sr.ED/2026/466, digitally signed at 4:43 PM IST. It cancels the Avenue Towers e-auction for administrative reasons, using a right the application document reserves to NBCC. Anyone who paid gets their earnest money deposit and the auction processing fee charged on the RAILTEL portal back in full within three working days of 19 Aug, to the bank account they gave. NBCC calls the processing-fee refund ex gratia — the application document treats that fee as non-refundable — and says it sets no precedent for its other auctions. The notice cancels this auction only: it does not withdraw the project, and it asks interested bidders to watch NBCC’s website for any further auction. We have moved this page to an archived record; nothing on it is a live opportunity.
Open NBCC Corrigendum-7
7 Aug 2026Source corrigendum
8 Aug e-auction postponed; revised date awaited
NBCC published Corrigendum/Addendum-6 for application NBCC/Sr. ED/2026/442. It says the e-auction scheduled for 8 Aug has been postponed for technical reasons and that the revised date will be notified separately in due course. It does not publish a replacement date, does not state that the sale is cancelled and does not state any change to the listed apartments and terms. Until NBCC issues a later notice, do not rely on the former 8 Aug bidding window.
Open NBCC Corrigendum/Addendum-6
31 Jul 2026
NBCC replaced the application with a revised 59-page copy
By 31 Jul NBCC’s property page linked a revised 59-page application. It folds in Corrigendum-3’s carpet-area columns and Corrigendum-4’s 6–8 Aug schedule, changes two references to “super built-up / carpet area”, and adds an Annexure-I note stating that bidding starts at ₹37,161 per sq ft on super built-up / saleable area, inclusive of three covered parking spaces per apartment. Our line-by-line and all-262-row comparison found no further change to inventory, reserve prices, EMDs, the payment plan, transfer terms or the 42-month physical-completion clause.
Open the current NBCC application
30 Jul 2026Source corrigendum
EMD, document and auction dates extended
NBCC published Corrigendum/Addendum-4. It moves the EMD deadline to 6 Aug at 8:00 PM IST, keeps offer documents available through 8 Aug, schedules two mock-auction sessions on 7 Aug from 11:00 AM–1:00 PM and 2:00–6:00 PM IST, and moves the live auction to 8 Aug from 12:00–2:00 PM IST, or until extended. Its own “Earlier Date & Time” column records the prior 31 Jul auction window as 12:00–2:00 PM IST, resolving the previous 1:00/2:00 PM IST discrepancy in NBCC’s later signed document. It says all other terms remain unchanged.
Open NBCC Corrigendum/Addendum-4
27 Jul 2026Source corrigendum
The same reserve prices restated per sq ft of carpet area
NBCC published Corrigendum-3, a notice giving each apartment’s rate on a carpet-area basis. It reprints all 262 apartments and adds a rate per sq ft of carpet area — ₹68,370.76 for Type A, ₹63,169.78 for Type B and ₹62,555.51 for Type C. We checked all 262 rows against the original 17 Jul list: every area, reserve price and EMD is identical, and the price of an apartment is the same rupee figure either way. So nothing about the money changed, and the notice says all other terms stand. The rates only look higher because carpet area is 54%–59% of the super built-up area each apartment is priced on. Bidding still runs on the ₹37,161 per sq ft super built-up rate in ₹100 steps.
Open NBCC Corrigendum-3
26 Jul 2026
Re-checked NBCC’s sources and adopted Corrigendum-2’s schedule
Compared the original and revised applications line by line, added NBCC’s pre-bid answers, and set the page to follow Corrigendum-2’s revised 2:00 PM IST close as NBCC’s later published schedule. That is our source-ordering choice, not a supersession NBCC has stated: the original 17 Jul application’s 1:00 PM IST window stays recorded in the 24 Jul entry below and is still published by NBCC. On 26 Jul the NBCC property page still listed the same five Avenue Towers documents, with no further corrigendum; the Delhi RERA site was unreachable on all three of our checks, and the eNivida portal answered every public listing request with a server error, so the portal could not be read to confirm the configured close.
24 Jul 2026Source corrigendum
Bidder replies and a revised application published
NBCC published Corrigendum-2 with pre-bid replies, specifications, drawings and a revised application. We found three substantive edits in the revised application: the scheduled auction close moves from 1:00 PM to 2:00 PM IST, the stated change-of-allotment charge falls from 5% to 2% of bid value plus taxes, and the 50% payment threshold for a change of allotment may now be met before an instalment falls due. The original one-hour window remains online in the 17 Jul application, so bidders working from that copy should note the revised close and verify it on the live portal. NBCC declined several requested changes — terrace rights, the maintenance escalation and the payment plan among them — answering that the bid document prevails.
Open NBCC Corrigendum-2
21 Jul 2026
Added the RERA and physical-development evidence trail
Linked the official Delhi RERA project registry and the Government of India Africa Avenue construction-package tender, preserved NBCC application page 26 as a source capture, and separated “construction started” from the buyer-specific 42-month physical-completion term and later possession approvals.
20 Jul 2026
Record published
Compiled the complete Annexure I inventory — 262 apartments across nine towers — and reconciled its unit counts, super built-up areas, reserves, 2% EMDs, schedule, costs and repeated eight-minute extension rule. The revised East Kidwai Nagar pre-bid venue is applied from Corrigendum/Addendum-1.
18 Jul 2026Source corrigendum
Pre-bid meeting venue revised
NBCC kept the 21 Jul 2026, 11:30 AM IST meeting time but replaced the original NBCC Bhawan venue with Office Block-1, Ground Floor, East Kidwai Nagar, New Delhi. All other auction terms remain unchanged.
Open NBCC Corrigendum/Addendum-1

2 auctions and 1 first-come scheme are open now in Delhi.