India, Feb. 11 -- State-owned NBCC said in a statement on February 11 that it has "successfully sold 1,233 residential units at Aspire Golf Homes through an e-auction, garnering a total sale value of Rs.3,216.95 crore."

The project 'Aspire Gold Homes' has in total 1,507 flats across 11 towers. NBCC has earlier sold 274 units.

The high-stakes auction witnessed an overwhelming response, with bids significantly exceeding the reserve price. The fund shall mitigate the fund requirement of ongoing projects including bank loan payment, it said.

"This sale will be instrumental in completion of the stalled Amrapali Projects and fulfil the dreams of owning their homes by many home buyers. The generated fund shall also be able to reduce the pilin...