NLMC invites bids to monetise a 5.119-acre freehold land parcel of HIL (India) Limited in New Delhi
9 October 2026
The National Land Monetisation Corporation has invited bids for the monetisation of a prime freehold land parcel of 5.119 acres, or 20,722.93 sq. metres, belonging to HIL (India) Limited.
The plot is at Najafgarh Industrial Area, Rohtak Road, Shivaji Marg, New Delhi.
The reserve price is ₹829.69 crore and the earnest money deposit is ₹16.60 crore.
The minimum bid increment is ₹1 crore per acre, and the auction processing fee is ₹24 lakh plus GST and other applicable taxes, payable only by the H1 Bidder.
The e-auction notification was issued on October 8, 2026, the pre-bid meeting is set for November 3, 2026 and the last date for registration, technical bid and EMD or Bank Guarantee submission is November 19, 2026.
The release states that this is the third e-auction publicly advertised by NLMC in the last two months.
In plain words
NLMC National Land Monetisation Corporation — A government company set up to monetise surplus land and building assets of central public sector enterprises and government agencies.
EMD Earnest Money Deposit — A deposit a bidder places as proof of a serious bid, refundable to unsuccessful bidders.