NBCC Avenue Towers November 2026 auction: 66 flats

This is a separate re-offer under application 770 dated 6 November. Its 66 flat identities match the 17 units cancelled on 24 October and the 49 bids cancelled on 28 October. October’s bidding had already ended. November raises the reserve rate to ₹40,877 per sq ft and adds the exclusion of October’s highest bidders. The October result and cancellation record remains available separately.

Type C: ₹17,32,89,611 reserve and ₹34,65,792 EMD. Type B: ₹17,73,77,211 and ₹35,47,544. Type A: ₹19,53,73,212 and ₹39,07,464. Bidding uses ₹40,877 per sq ft of super built-up area, with minimum ₹100 per sq ft increments. The carpet-area rates in the table are indicative and are not the bidding rates. Each flat includes three covered parking spaces; they need not be adjacent.

Annexure I gives 233.96–241.34 sq m carpet area and 393.84–444.03 sq m super built-up area. Its square-foot values differ slightly from the brochure captions, so use the application’s own values for this offer. The previously obtained Delhi RERA Form C certificate, served from erera.co.in, requires marketing and sale on carpet area; this application still requires bidding on super built-up area. Ask NBCC how the allotment and agreement reconcile those provisions. The certificate copy is dated 14 July 2026; it is not a fresh live-registry verification.

Registration is ₹1,770 and auction processing ₹17,700 per bid, both including GST and non-refundable. GST, stamp duty, registration and applicable statutory or development charges are extra. Maintenance starts at ₹6 per sq ft per month plus GST, with two years paid in advance and then quarterly in advance. It rises 10% after two years and 15% every three years thereafter. Clause 12.1 starts it at possession or 60 days after the offer, whichever is earlier; the clause 12.3 table and agreement clause 9 start it at the possession offer. Confirm that start date in writing; it can add up to 60 days of charges. In-flat electricity, extra load and equipment replacement are separate.

Unsuccessful bidders’ EMD is refundable within 15 working days of the auction, without interest. Withdrawing or changing a bid after bidding closes, or missing the first 10% payment, forfeits the EMD. Later default or voluntary cancellation uses the document’s deduction: “10% of the Deposited amount or EMD amount whichever is higher”, with taxes where applicable. Late payments attract simple interest at SBI’s highest MCLR plus 2%. Clause 23 refunds the remainder within 60 working days of approval; agreement clause 4.5 says 45 days from voluntary cancellation. The agreement says it prevails once signed. Obtain the applicable deduction and refund date from NBCC. The November document does not promise that an earlier auction’s deposit or processing fee carries forward.

Clause 15.3 allows 42 months from the individual allotment letter for physical completion, subject to extensions including force majeure. It is not a fixed possession date. Possession also requires statutory clearances, an occupation certificate and payment of dues. The document says construction has started but gives no independently certified progress percentage. The project registration printed by NBCC is DLRERA2026P0010. If completion overruns the contractual period and permitted extensions, clause 15.4 provides simple interest at the default rate on payments made, or RERA remedies.

NBCC directs bidders to Bidder Enrolment on its RailTel eNivida portal. The EMD and processing fee use the portal’s online payment gateway; follow NBCC’s payment instructions in the application. Successful bidders submit documents to NBCC’s Marketing office at NBCC Bhawan, Lodhi Road, New Delhi. NBCC publishes corrigenda on its own Buy Properties page and asks bidders to download the application again at least one day before bidding. Clause 28 sets written questions seven days before an undefined offer-submission date; confirm that cutoff with NBCC instead of assuming a calendar date. No pre-bid meeting or mock-auction hours are stated.