PIB News
NLMC Seeks Bids for 5.119-Acre Freehold Land Parcel of HIL in New Delhi
The National Land Monetization Corporation (NLMC) has invited bids for the sale of a 5.119-acre land parcel belonging to HIL (India) Limited in New Delhi. The property, located in the Najafgarh Industrial Area, has a reserve price set at ₹829.69 crore, and the deadline for registration and technical bid submission is November 19, 2026. This initiative marks NLMC's third e-auction in two months, emphasizing the government's commitment to land monetization. The process will be conducted through a transparent electronic bidding system, allowing eligible bidders to participate in the sale.
The Radius summarizes this story. Read the original report from PIB News.
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