5.0 km awayCommercial (Building/Tower Development)
SALCON RASVILAS - PHASE 2
LAXMI BUILDTECH PRIVATE LIMITED · South Delhi
PossessionDec 2027Declared cost₹26.00 CrScale8 flats
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Detailed ReportWORLD TRADE CENTER NEW DELHI Phase III
01
Complete project overview
RERA Delhi · Registration filing- Project name
- WORLD TRADE CENTER NEW DELHI Phase III
- Parking
- 8,080 spaces
- Land area
- 1,01,010 sq m
- Mega project
- Yesregistered under Delhi RERA's mega-project category — a scale classification the authority records, not a rating
Timeline
Project startedMay 2018
Proposed completionApr 2024
TodaySep 2026
02
Builder’s track record
RERA Delhi · Builder registrationNBCC INDIA LIMITED
Public Limited CompanyPromoter type
13Projects
1Cities
2022–presentActive
Timelineevery project, start → promised completion
NBCC Valley View Apartment, KochiRedevelopment of GPRA Colony at Mohammadpur, New DelhiGPRA Colony at Thyagraj Nagar, New DelhiWORLD TRADE CENTER NEW DELHI (NBCC Redevelopment of 7 GPRA Colonies of Delhi ( Phase II))WORLD TRADE CENTER NEW DELHI (NBCC Redevelopment of 7 GPRA Colonies of Delhi(Phase I))WORLD TRADE CENTER NEW DELHI Phase IIIRedevelopment of General Pool Residential Colony at Kasturba Nagar New Delhi.GPRA Colony at Sriniwaspuri, New DelhiRedevelopment of GPRA Colony Netaji Nagar New DelhiDown Town, Sarojini Nagar, New DelhiGrande RueAvenue Towers, Residential ProjectAvenue Towers, Residential Project
Builder DNAthe whole portfolio, summed
319 homeson the public record across 13 projects
42,456 sq mbuilt-up filed
14,99,166 sq mland declared
₹9442.00 Crdeclared build cost
Build cost is what the builder declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.
Every project Horizon has read from this builder, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
03
Location & price analysis
RERA Delhi · Registration filing- This project
- 32 nearby projects
- District
- New Delhi
- Address
- WORLD TRADE CENTER- NEW DELHI NAUROJI NAGAR , RING ROAD NAUROJI NAGAR , New Delhi , Delhi - 110029
What’s nearby
Schools1 school within 1km · College or university 1.5km away
HealthcareHospital 206m away · 5 clinics within 1km · Pharmacy within 1km
LifestylePark 1.0km away · Gym or sports centre 1.5km away · 63+ restaurants and cafes within 1km
ShoppingSupermarket 609m away · Mall 1.0km away · Convenience store within 500m
Getting around
Expressway 1.3 km · Aurobindo MargPrimary road 180 m · Mahatma Gandhi MargRailway line 1.5 kmMetro station 655m away (Bhikaji Cama Place)9 bus stops within 500m
Water & environment
Water body 1.5 km
distances only — not a flood assessmentLand, title & encumbranceAs declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Land ownershipDeclared fully owned by the promoter
Price analysisdeclared build cost — not a sale price
₹2694.00 Cr declared. What that works out to:
This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.
04
Government Guidance Rate
GNCTD Revenue Department — circle rates (notification of 22 September 2014, in force)In Delhi it’s called the circle rate.
₹84,282per sq yd
₹1,00,800per sq m
- Which rate
- commercial flat (built-up), above four storeys
- Matched to
- The one rate notified for all of “Delhi” — this kind of flat is priced the same everywhere in it, not by locality.
- In force
- 2014 schedule · effective Sep 2014
- Spread
- ₹84,282 – ₹1,05,352 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Delhi’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is published for the whole state, so it says nothing about this locality in particular. How Horizon decides what to show.
05
Planning authority
RERA Delhi · Approved building planBuilding Permit
The promised possession date (30 Apr 2024) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
06
Complaints & litigation
RERA Delhi · public recordComplaints register
Not published. RERA Delhi doesn’t publish a complaints register in the record Horizon reads.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Delhi- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Delhi records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Delhi, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km22 commercial projects still under way within 25 km. Step out ring by ring:
Of the 32 projects the radar draws within 6 km — every kind, every stage — 2 are commercial projects still under way. This list keeps only those, and looks further out.
2 projects between 3 and 6 km — showing the nearest 2.
5.3 km awayCommercial (Building/Tower Development)
DLF Midtown Plaza
DLF HOME DEVELOPERS LIMITED · New Delhi
⚠ no escrow declaredRegistrationvalid to Apr 2027AuthorityRERA Delhi
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
What this record cannot tell you
- Build quality — no filing records how well it was actually built.
- Private disputes — only complaints escalated to the authority appear here.
- What it will be worth — the record is the past; it does not price the future.
- Construction progress — RERA Delhi does not publish quarterly progress reports. How far along it actually is cannot be read here.
- Complaints — RERA Delhi does not publish a complaints register. This read cannot speak to them either way.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Delhi, as the builder submitted it.
- 02Builder's track record
- RERA Delhi: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Delhi filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- GNCTD Revenue Department — circle rates (notification of 22 September 2014, in force).
- 05Planning authority
- RERA Delhi: the approved building plan, as filed.
- 06Complaints & litigation
- RERA Delhi's public record lists no complaints or litigation for this project.
- 07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/world-trade-center-new-delhi-phase-iii-new-delhi-2wuwkqq5.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.