Government Launches E-Tender for Prime Land Auction in New Delhi
The National Land Monetization Corporation (NLMC), under the Department of Public Enterprises, Ministry of Finance, has announced the e-tender and subsequent e-auction for a valuable freehold land parcel owned by HIL (India) Limited. This auction, taking place in the Najafgarh Industrial Area of New Delhi, marks the third public e-auction initiative by NLMC in a swift two-month period, reflecting a robust push towards government land monetization efforts.
The land spans approximately 5.119 acres, equivalent to about 20,722.93 square metres. Bidders are invited to compete in a transparent electronic bidding process, aimed at securing this prime property strategically located along Rohtak Road and Shivaji Marg in New Delhi.
A Competitive Bidding Process
This property will be sold outright through an e-tender followed by an e-auction, encouraging interested bidders to engage in a structured and fair process. The reserve price is set at ₹829.69 crore, with bid increments starting from ₹1 crore per acre. To participate, bidders must submit an earnest money deposit (EMD) of ₹16.60 crore.
Key Dates and Procedures
The entire monetization process is organized into two stages. Participants are required to complete their registration, submit technical bids, and pay the EMD by November 19, 2026, at 14:00 hours. The opening of technical bids will occur the following day, November 20, 2026, at 16:00 hours. A mock auction is scheduled for November 23, 2026, with the definitive auction date to be unveiled post the bid evaluations.
To aid potential bidders, a pre-bid meeting will be hosted on November 3, 2026, at 16:00 hours in Room No. 309, Block-14 of the Public Enterprise Bhawan, CGO Complex, Lodhi Road, New Delhi. The sale will occur on an “as is where is” and “no recourse/no complaint” basis, as outlined in the auction notification.
Details at a Glance
The following table summarizes key aspects of the auction:
| Owner / Entity | HIL (India) Limited |
|---|---|
| Facilitating Agency | National Land Monetization Corporation (NLMC) |
| Location | Najafgarh Industrial Area, New Delhi |
| Land Area | 5.119 acres (20,722.93 sq. metres) |
| Reserve Price | ₹829.69 crore |
| Last Date for Registration | November 19, 2026, 14:00 hrs |
How to Participate
Interested bidders can engage in the auction process via the e-Nivida platform, with the RailTel Corporation assisting in registration and electronic auction functionalities. All relevant materials, including the Request for Proposal (RFP), terms, and eligibility requirements, are available on the dedicated portal.
This auction provides a significant opportunity for investors to engage in the monetization of essential industrial land in New Delhi. Bidders are strongly encouraged to review all terms and conditions thoroughly before submitting their proposals.
Important Milestones
- October 8, 2026 – E-Auction Notification Issued
- November 19, 2026 – Deadline for Bid Registration and EMD Submission
- November 3, 2026 – Pre-Bid Meeting
- November 20, 2026 – Technical Bid Opening
- November 23, 2026 – Mock Auction
For further details, prospective bidders may visit the auction portal at nlmc.enivida.com or the NLMC website at nlmc.dpe.gov.in.
Observer Voice is the one stop site for National, International news, Sports, Editor’s Choice, Art/culture contents, Quotes and much more. We also cover historical contents. Historical contents includes World History, Indian History, and what happened today. The website also covers Entertainment across the India and World.
Follow Us on Twitter, Instagram, Facebook, & LinkedIn
