India, Oct. 9 -- The Government of India has issued a release:
Particular
Details
Owner / Entity
HIL (India) Limited
Facilitating Agency
National Land Monetization Corporation (NLMC)
Ministry / Department
Department of Public Enterprises, Ministry of Finance, Government of India
Property Location
Najafgarh Industrial Area, Rohtak Road, Shivaji Marg, New Delhi
Nature of Property
Freehold Land Parcel
Approximate Area
5.119 acres
Approximate Area in Sq. Metres
20,722.93 sq. metres
Land Use
Industrial
Mode of Sale
E-Tender followed by E-Auction
Reserve Price
Rs.829.69 crore
Minimum Bid Increment
Rs.1 crore per acre
EMD
Rs.16.60 crore
Last Date for Registration / Technical Bid / EMD
November 19, 2026, 14:00 hrs
Pre-Bid Meeting
November 3, 2026, 16:00 hrs, New Delhi
Date of E-Auction
To be communicated after opening of technical bids
Time of E-Auction
To be communicated
Auction Processing Fee
Rs.24 lakh + GST and other applicable taxes, payable only by H1 Bidder
The National Land Monetization Corporation (NLMC), Department of Public Enterprises (DPE), Ministry of Finance, Government of India, has invited eligible bidders to participate in the e-tender followed by e-auction for the monetisation of a prime freehold land parcel belonging to HIL (India) Limited at Najafgarh Industrial Area, Rohtak Road, Shivaji Marg, New Delhi. This is the third e-auction publicly advertised by NLMC in the last two months, giving a serious thrust on the government land monetisation plans.
The approximately 5.119-acre land parcel, measuring around 20,722.93 square metres, is proposed to be offered for outright sale through a transparent and competitive electronic bidding process. NLMC is facilitating the monetisation process on behalf of HIL (India) Limited.
The property is located in Najafgarh Industrial Area along Rohtak Road, Shivaji Marg, New Delhi. The property is being offered through an E-Tender followed by E-Auction, providing eligible bidders an opportunity to participate in a structured and transparent asset monetisation process.
The reserve price for the property has been fixed at Rs.829.69 crore, with a minimum bid increment of Rs.1 crore per acre. An EMD of Rs.16.60 crore is required to be submitted by eligible bidders as part of the participation process.
E-Tender-cum-E-Auction Process
The monetisation process will be undertaken through a two-stage electronic process comprising E-Tender followed by E-Auction. Interested and eligible bidders are required to complete registration, submit the requisite technical bid and deposit the prescribed EMD within the stipulated timeline.
The last date for registration, submission of the technical bid and submission of EMD/Bank Guarantee is November 19, 2026, at 14:00 hours. Technical bids will be opened on November 20, 2026, at 16:00 hours. A mock auction is scheduled for November 23, 2026. The e-auction date will be communicated after the opening of technical bids.
A pre-bid meeting will be held on November 3, 2026, at 16:00 hours in Room No. 309, Block-14, Public Enterprise Bhawan, CGO Complex, Lodhi Road, New Delhi, to facilitate prospective bidders and clarify the bidding process.
The sale will be undertaken on an "as is where is", "as is what is", "whatever there is" and "no recourse/no complaint" basis, as specified in the e-auction notification.
Key Details of the Property and Auction
The above land area is provisional and indicative. The exact land extent will be determined through a joint survey to be carried out with the successful bidder, as specified in the auction notification.
Transparent Digital Platform for Participation
The e-tender and e-auction process is being facilitated through the e-Nivida platform, with RailTel Corporation of India Limited providing assistance relating to registration and the electronic auction process.
Prospective bidders can access the Request for Proposal (RFP), detailed terms and conditions, eligibility requirements, registration details and participation-related information through the dedicated e-auction portal.
Official e-auction portal: nlmc.enivida.com
NLMC website: nlmc.dpe.gov.in
Opportunity for Prospective Investors
The offering provides an opportunity for eligible bidders to participate in the monetisation of a sizeable freehold land parcel situated in New Delhi, with an identified industrial land use and a transparent electronic bidding mechanism.
NLMC, under the Department of Public Enterprises, Ministry of Finance, Government of India, is facilitating the monetisation process on behalf of HIL (India) Limited. The process is being undertaken through a competitive electronic mechanism designed to enable eligible bidders to participate in the sale process in accordance with the prescribed terms and conditions.
Prospective bidders are advised to carefully review the RFP and all applicable terms and conditions before submitting their bids.
Important Dates
The auction notification has been issued on October 8, 2026 under e-Auction Notification No. NLMC/Legal/Auction/RFP-2026 dated October 8, 2026.
About NLMC
The National Land Monetization Corporation (NLMC) functions under the Department of Public Enterprises, Ministry of Finance, Government of India, and facilitates the monetisation of surplus land and non-core assets of Central Public Sector Enterprises and Government entities.
Through structured and transparent monetisation processes, NLMC facilitates the unlocking of value from under-utilised and surplus assets, while enabling participating entities to realise the economic potential of such assets.
For RFP, registration, auction details and participation: nlmc.enivida.com
For information about NLMC: nlmc.dpe.gov.in
Disclaimer: Curated by HT Syndication.
