Signal Desk · Economy

Buyers allege NBCC cancelled bids for 49 Sarojini Nagar flats

2026-11-07 · 1 source · Mint Money

In short

Buyers have gone to the Delhi High Court over NBCC’s cancellation of bids for 49 flats at its Avenue Towers project in Sarojini Nagar. They say the cancellations were selective and raise questions about how the auction was handled.

What the reporting says

Buyers have approached the Delhi High Court over NBCC’s cancellation of bidding for 49 flats at its Avenue Towers project in Sarojini Nagar. They allege the cancellations were selective and question the auction’s transparency.

Why it matters

Buyers approached the Delhi High Court over NBCC’s cancellation of bids for 49 flats in its Avenue Towers project in Sarojini Nagar. They alleged the cancellations were selective and raised concerns about auction transparency. The dispute involves prospective flat buyers and NBCC’s allotment process for a premium residential project in Delhi.

Touches: NBCC, Real Estate, Companies, Government

Sources