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