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AU Real Estate

By Shilpa Reddy , 20 May 2025
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AU Real Estate Acquires Rs 1,468 Crore Worth of Flats from NBCC in Landmark Bulk Housing Deal

In a significant transaction reshaping Noida’s residential real estate landscape, AU Real Estate has acquired 446 unsold apartments for Rs 1,468 crore from NBCC (India) Ltd through an e-auction. These units are part of the Aspire Silicon City project, originally developed under the Supreme Court-mandated revival of Amrapali’s stalled projects. The acquisition is seen as both a vote of confidence in the Noida housing market and a strategic move by AU Real Estate to enter the high-demand mid-to-premium segment.

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