New Delhi, April 17 -- Five of the eight towers at Bharat Business Park in New Delhi's Sarojini Nagar have been sold for Rs.5,779 crore, covering about 14 lakh sq ft of the project's total 23.44 lakh sq ft super built-up area, public sector company National Buildings Construction Corporation Limited (NBCC) official said on Friday.

The auction took place on March 8 after Prime Minister Narendra Modi laid the foundation stone for several infrastructure projects in the national capital. The building is expected to be ready in another two years.

Russian bank Sberbank bought two out of the five towers, an NBCC official said.

The Rs.5,779 crore will be used to finance various ongoing redevelopment works of seven GPRA (General Pool Residentia...