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Visakhapatnam

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NLMC sells 150 RINL land plots for ₹366.33 crore in first e-auction phase

The Ministry of Finance announced on 13 October 2026 that the National Land Monetization Corporation (NLMC) sold 150 land plots belonging to Rashtriya Ispat Nigam Limited (RINL) in Visakhapatnam. The first phase of the e-auction generated ₹366.33 crore, with the highest price exceeding ₹1.80 lakh per square yard.

Read the explainer Press release 2322696Official release from pib.gov.in ↗
Source details
Issued by
Ministry of Finance
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
13 October 2026
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