NBCC Avenue Towers Delhi auction: real cost near ₹70,000 psf after upgrades, ₹88,000 at the top. See two RERA-backed Delhi alternatives.
Written by
Himanshu Bamola
Founder & Principal Analyst, SuperLuxeRE · 16+ years in ultra-luxury real estate strategy
Himanshu advises HNIs, NRIs, and family offices on India's most complex luxury real estate decisions — from Golf Course Road to Worli. His market analysis is trusted by buyers across Singapore, Dubai, London, and the US.
₹55,000 Psf Average, ₹88,000 at the Top: What NBCC Buyers Really Pay
The NBCC Avenue Towers e-auction in Sarojini Nagar closed on 23 October 2026 at an average of ₹55,000 psf, against a reserve of ₹37,161. The highest bid reached ₹88,000 psf. Add interiors and lobby upgrades and the real cost moves to about ₹70,000 psf. Here is what that means, and why Kreeva Swaranaya NFC and Lodhi Greens deserve a look first.
NBCC Avenue Towers sold at an average of ₹55,000 psf and a high of ₹88,000 psf (about ₹98,000 all-in). For a buyer who wants a finished, branded home with a clear handover plan, Kreeva Swaranaya NFC and Lodhi Greens are the two RERA-registered options to compare first among New Delhi ultra-luxury projects.
What the NBCC Avenue Towers Auction Actually Delivered
The auction cleared about 48% above NBCC's reserve price, and the top bid was more than double it.
NBCC offered 262 four-bedroom apartments in nine towers on Africa Avenue, Sarojini Nagar. The first auction in July 2026 was cancelled, and the sale was re-run in October.
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Reserve price
₹37,161 psf of super built-up area, or ₹15.75–17.76 Cr per apartment. NBCC also lists carpet-area rates of about ₹62,500–68,400 psf.
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Auction average
About ₹55,000 psf, as confirmed by SuperluxeRE from the bids our clients placed and won.
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Highest bid
₹88,000 psf, more than twice the reserve, for the most sought-after units. Add the same ₹10,000 psf upgrade budget and it is about ₹98,000 psf all-in.
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Apartments
Saleable areas of about 4,200–4,780 sq ft, carpet area of about 2,518–2,598 sq ft, with three parking spaces each.
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UNDERSTAND THE DELHI MARKET →The Real Cost Per Sq Ft After Interiors and Upgrades
At the average bid, the practical rate is about ₹70,000 psf, not ₹55,000. At the highest bid it is about ₹98,000 psf.
Buyers we advised set aside about ₹10,000 psf for interiors and for upgrading lobbies and house materials to their own standard. Treat that as a budgeting rule for any auction purchase.
| Rate basis | Per sq ft | On 4,500 sq ft |
|---|---|---|
| NBCC reserve price | ₹37,161 | About ₹16.7 Cr |
| Auction average | About ₹55,000 | About ₹24.8 Cr |
| Average plus upgrades | About ₹70,000 | About ₹31.5 Cr |
| Highest bid plus upgrades | About ₹98,000 | About ₹44.1 Cr |
Our own calculation on a notional 4,500 sq ft of super built-up area. The ₹10,000 psf upgrade budget is an estimate from buyers we advised, and costs vary by specification.
Auction Risks Every Buyer Should Price In
An auction fixes your price, not your possession date, specification or finish.
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Possession timing
NBCC's application sets 42 months from your allotment letter for physical completion, subject to extensions. There is no fixed handover month.
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Tenure and RERA
NBCC reports the apartments as freehold and prints DLRERA2026P0010. Confirm the number on the Delhi RERA portal before you pay.
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One bid, no negotiation
Allotment goes to the highest bidder, so you cannot negotiate the price, the payment schedule or the fit-out.
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Finishing is your cost
Plan for interiors and lobby and house-material upgrades on top of the bid, as the buyers above did.
Kreeva Swaranaya NFC: A Finished Home at ₹42,000 Psf
Kreeva is priced at about ₹42,000 psf, against about ₹70,000 psf all-in at NBCC.
Kreeva Swaranaya NFC in New Friends Colony, South Delhi is by Kanodia Group (Kreeva). RERA: DLRERA2026P0007. It has 114 homes on 2.1 acres.
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Price
About ₹42,000 psf: a 3.5BHK of 3,700 sq ft is about ₹15.54 Cr, a 4.5BHK of 4,500 sq ft is ₹18.90 Cr and a 5.5BHK of 5,100 sq ft is ₹21.42 Cr.
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Specification
22-ft double-height living and dining, and a private lift lobby for every home.
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Amenities
1,50,000 sq ft of amenities for 114 homes, the most space per home among Delhi's large-club projects.
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Parking and possession
Four stilt levels plus two basements, with possession in 2031.
Compare Kreeva with your NBCC shortlist?
Tell us your size and budget. We share Kreeva's current payment schedule in writing and arrange a site visit.
COMPARE WITH KREEVA →Lodhi Greens: Central Delhi Beside Lodhi Garden
Lodhi Greens costs about ₹65,000 psf, just under NBCC's all-in rate, with a Lodhi Colony address and a boutique club.
Lodhi Greens in Lodhi Colony, New Delhi is RERA registered: DLRERA2025P0001. It has 124 homes on an RLDA 99-year lease.
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Price
A 3BHK of 3,400 sq ft is ₹22.10 Cr and a 4BHK of 4,000 sq ft is ₹26 Cr. A 6,100 sq ft duplex is ₹39.65 Cr.
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Amenities
A 20,000 sq ft club and a one-acre rooftop skywalk with an infinity pool, beside Lodhi Garden.
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Tenure
RLDA 99-year leasehold, unlike NBCC's reported freehold. Weigh this against the Lodhi Colony location and resale profile.
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Possession
2031, with the project under RERA.
NBCC Avenue Towers, Kreeva and Lodhi Greens Side by Side
NBCC gives you size and freehold at auction pricing, while Kreeva and Lodhi Greens give you a fixed price list, a RERA schedule and finished homes.
| Project | Size and price | Tenure, RERA, possession |
|---|---|---|
| NBCC Avenue Towers, Sarojini Nagar | 4,200–4,780 sq ft · about ₹55,000 psf average | Freehold (reported) · DLRERA2026P0010 · 42 months from allotment |
| Kreeva Swaranaya NFC, New Friends Colony | 3,700–5,100 sq ft · about ₹42,000 psf, from ₹15.54 Cr | DLRERA2026P0007 · 2031 |
| Lodhi Greens, Lodhi Colony | 3,400–6,100 sq ft · from ₹22.10 Cr | RLDA 99-year lease · DLRERA2025P0001 · 2031 |
Prices and sizes are from project pages and NBCC's application document. Kreeva and Lodhi Greens payment schedules are available from us in writing.
An auction fixes the bid, not the final cost. Compare the all-in rate, the possession clause and the RERA schedule before you pick.
— Superluxere Analysis · October 2026
How RERA Protects a Delhi Luxury Buyer
RERA fixes a completion date and a dedicated account for your money, and gives you interest if the date is missed.
All three projects here are registered, so the number alone does not separate them. The difference is the developer's schedule and how clearly it is written down.
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Declared completion date
The date is filed at registration, and extensions need RERA approval.
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Dedicated project account
A large share of buyer money is held in a separate account for construction, so it cannot fund other projects.
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Delay interest
If the developer misses the date, the buyer can claim interest on the amount paid.
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Written schedule
Ask for the payment schedule linked to construction stages before you sign.
Want a RERA and possession check before you pay?
We check the registration, payment schedule and possession clause for any Delhi project, including NBCC.
GET A RERA CHECK →Explore: our Delhi luxury real estate advisor guide with every project on one table and the New Delhi ultra-luxury hub, plus the Golf Course Road ultra-luxury projects compared.
How to verify these numbers yourself
Search each RERA number on the Delhi RERA portal and read NBCC's application document on nbccindia.in for the reserve price and possession clause.
Auction averages are SuperluxeRE-confirmed as of 28 October 2026 and may differ from NBCC's own figures.
Frequently Asked Questions
Quick answers on the auction, the real cost and the alternatives.
What was the average price in the NBCC Avenue Towers auction?
SuperluxeRE has confirmed an average of about ₹55,000 per sq ft of super built-up area, against NBCC's reserve of ₹37,161 psf. The highest bid reached ₹88,000 psf. The auction concluded on 23 October 2026.
What will an NBCC Avenue Towers apartment really cost?
Buyers we advised set aside about ₹10,000 psf for interiors and for upgrading lobbies and house materials. That puts the practical rate at roughly about ₹70,000 psf at the average bid, and close to ₹98,000 psf at the highest.
Is NBCC Avenue Towers RERA registered?
NBCC's application document prints the registration number DLRERA2026P0010. Verify it on the Delhi RERA portal before you pay. Possession is not fixed by date: the application sets 42 months from the allotment letter for physical completion, subject to extensions.
Why consider Kreeva Swaranaya NFC instead?
Kreeva has a confirmed RERA number (DLRERA2026P0007), a 3.5BHK of 3,700 sq ft at about ₹15.54 Cr (₹42,000 psf), 22-ft double-height living and dining, and 1,50,000 sq ft of amenities for only 114 homes. Possession is 2031.
Why consider Lodhi Greens in Lodhi Colony?
Lodhi Greens is RERA registered (DLRERA2025P0001), with 124 homes beside Lodhi Garden, a 20,000 sq ft club and a one-acre rooftop skywalk. Note it is an RLDA 99-year leasehold, not freehold. A 4BHK of 4,000 sq ft is ₹26 Cr.
What does RERA protect if a project runs late?
A RERA-registered project must declare a completion date and keep a large share of buyer money in a dedicated account. If the developer misses the date, the buyer can claim interest for the delay. Ask for the payment schedule in writing before you book.
Disclaimer: Informational only and not investment, legal or tax advice. Auction figures are SuperluxeRE-confirmed from client bids as of 28 October 2026. Upgrade costs are estimates. Check each RERA number, payment schedule and possession clause before you pay.
Sources: NBCC application documents as reported by BiddingPulse, H4E News, Business Today and RERA Tracker · Kreeva Swaranaya NFC · Lodhi Greens.
For a finished South Delhi home with a RERA schedule, see ultra-luxury in New Friends Colony by Kreeva (RERA: DLRERA2026P0007), with a 3.5BHK of 3,700 sq ft at about ₹15.54 Cr (₹42,000 psf), 22-ft double-height ceilings and possession in 2031.
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