NLMC launches e-auction for 5-acre prime Delhi plot at ₹829.69 crore reserve

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NLMC launches e-auction for 5-acre prime Delhi plot at ₹829.69 crore reserve

Synopsis

The Centre is accelerating its land monetisation drive — this is NLMC's third publicly advertised e-auction in just two months. A 5.119-acre freehold plot in New Delhi's Najafgarh Industrial Area, owned by HIL (India) Limited, is up for outright sale at a reserve price of ₹829.69 crore, with bidding opening through the e-Nivida platform.

Key Takeaways

NLMC has invited bids for a 5.119-acre freehold plot in Najafgarh Industrial Area, New Delhi , owned by HIL (India) Limited .
The reserve price is set at ₹829.69 crore , with a minimum bid increment of ₹1 crore per acre .
Eligible bidders must submit an EMD of ₹16.60 crore to participate.
The last date for technical bid submission and EMD is 19 November ; a pre-bid meeting is scheduled for 3 November .
This is the third e-auction publicly advertised by NLMC in the last two months, per the Finance Ministry .
The auction is facilitated via the e-Nivida platform with support from RailTel Corporation of India Limited .

The National Land Monetisation Corporation (NLMC), operating under the Department of Public Enterprises (DPE), has launched an e-tender and e-auction process for the sale of a prime freehold land parcel owned by HIL (India) Limited at the Najafgarh Industrial Area on Rohtak Road, Shivaji Marg, New Delhi. The approximately 5.119-acre plot, measuring around 20,722.93 square metres, carries a reserve price of ₹829.69 crore, according to an official statement released on Friday, 9 October 2025.

Key Details of the Plot and Reserve Price

The land parcel is being offered for outright sale on an 'as is where is' and 'no recourse/no complaint' basis. NLMC is facilitating the monetisation process on behalf of HIL (India) Limited. The reserve price has been set at ₹829.69 crore, with a minimum bid increment of ₹1 crore per acre. Prospective bidders are required to submit an Earnest Money Deposit (EMD) of ₹16.60 crore to participate.

Notably, the land area indicated is provisional — the exact extent will be determined through a joint survey conducted with the successful bidder after the auction concludes.

Timeline and Bidding Process

The monetisation follows a structured two-stage electronic process: an e-Tender stage followed by an e-Auction. The key deadlines are as follows:

The last date for registration, submission of the technical bid, and submission of the EMD or Bank Guarantee is 19 November at 2 pm. Technical bids will be opened on 20 November at 4 pm, and a mock auction is scheduled for 23 November. The final e-auction date will be communicated after technical bids are reviewed.

A pre-bid meeting for prospective bidders has been scheduled for 3 November at 4 pm in Room No. 309, Block-14, Public Enterprise Bhawan, CGO Complex, Lodhi Road, New Delhi.

Platform and Access

The entire bidding process is being conducted through the e-Nivida platform, with RailTel Corporation of India Limited providing technical support for registration and the electronic auction. The official e-auction portal is nlmc.enivida.com, and the NLMC website is nlmc.dpe.gov.in. The Request for Proposal (RFP), eligibility requirements, and detailed terms and conditions are accessible through the dedicated portal.

Third NLMC Auction in Two Months

This is the third e-auction publicly advertised by NLMC in the last two months, according to a Finance Ministry statement, signalling an acceleration of the government's broader land monetisation strategy. The Centre has increasingly relied on NLMC to unlock value from surplus or underutilised public sector land holdings — a key pillar of its asset monetisation pipeline. This latest offering of industrial-zoned land in central New Delhi is expected to attract significant interest from real estate developers and industrial players given its location and freehold status.

Point of View

Not just clearing land inventory. The 'no recourse/no complaint' sale structure limits risk for the government but shifts due-diligence burden entirely to bidders, which could narrow the field to large, well-capitalised players. Whether this accelerated cadence translates into actual receipts — and whether those receipts are reinvested productively — remains the accountability question mainstream coverage is yet to press.
NationPress
9 Oct 2026

Frequently Asked Questions

What is the NLMC e-auction for a Delhi plot announced in October 2025?
The National Land Monetisation Corporation (NLMC) has launched an e-tender and e-auction to sell a 5.119-acre freehold industrial plot in Najafgarh Industrial Area, New Delhi, owned by HIL (India) Limited. The reserve price is ₹829.69 crore, and the bidding process is being conducted through the e-Nivida platform.
What is the reserve price and EMD for the Delhi plot e-auction?
The reserve price has been fixed at ₹829.69 crore, with a minimum bid increment of ₹1 crore per acre. Bidders are required to submit an Earnest Money Deposit (EMD) of ₹16.60 crore to participate in the process.
What are the key dates for the NLMC Delhi plot e-auction?
A pre-bid meeting is scheduled for 3 November at 4 pm in New Delhi. The last date for registration, technical bid submission, and EMD is 19 November at 2 pm. Technical bids open on 20 November, and a mock auction is set for 23 November. The final e-auction date will be announced after technical bids are reviewed.
Who is conducting the e-auction and how can bidders participate?
NLMC, under the Department of Public Enterprises, is facilitating the auction on behalf of HIL (India) Limited. The process is hosted on the e-Nivida platform (nlmc.enivida.com) with RailTel Corporation of India Limited providing technical assistance. The RFP and all terms are accessible through the portal.
Why is this land sale significant for the government's monetisation plans?
This is the third e-auction publicly advertised by NLMC in just two months, reflecting an acceleration of the Centre's broader asset monetisation pipeline. The sale of prime, freehold industrial land in central New Delhi is considered a high-value transaction expected to draw significant interest from real estate and industrial buyers.
Nation Press
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