The government had announced redevelopment of seven housing colonies in Delhi, of which three — Nauroji Nagar, Netaji Nagar and Sarojini Nagar — were assigned to NBCC. The total cost of the project is also around Rs 32,000 crore of which around Rs 12,000 crore is expected to come from sale of space at Nauroji Nagar and another Rs 20,000 crore from Sarojini Nagar.
– Stocks-Markets-Economic Times
