National Land Monetization Corporation puts a HIL (India) land parcel in Delhi up for e-auction

3 November 2026

The National Land Monetization Corporation has held a pre-bid meeting in New Delhi for the e-auction of a land parcel owned by HIL (India) Limited. The Corporation is a wholly owned Government of India company under the administrative control of the Department of Public Enterprises in the Ministry of Finance, and it exists to turn unused land and buildings held by central public sector firms and other government bodies into money for the exchequer. The parcel measures about 5.119 acres in the Najafgarh Industrial Area on Rohtak Road in New Delhi, has roughly 140 metres of road frontage and is connected to the Green Line of the Delhi Metro. Its reserve price is Rs 829.69 crore, and the permitted development is an FSI of 400 with additional floor space available under Transit-Oriented Development provisions, subject to the Master Plan for Delhi and statutory approvals. The sale is an outright one on a highest-bid basis through an online auction, with bids in multiples of Rs 1 crore an acre and consortiums of up to three members allowed. CBRE India is the transaction advisor, and the Corporation's Chief Executive Officer, Rohan Chand Thakur, and the Chairman and Managing Director of HIL (India) Limited, Kuldeep Singh, took part. This is the third e-auction the Corporation has advertised publicly in two months.