The National Land Monetization Corporation (NLMC), Ministry of Finance, announced on 9 October 2026 the opening of bids for the sale of a 5.119-acre industrial land parcel in New Delhi's Najafgarh Industrial Area. The property, owned by HIL (India) Limited, has a reserve price of ₹829.69 crore. Eligible bidders must complete registration and submit technical bids and an earnest money deposit (EMD) by 19 November 2026. The sale will be conducted through an e-tender and e-auction process on the e-Nivida platform.
Key points
- Reserve Price: ₹829.69 crore with a minimum bid increment of ₹1 crore per acre
- Deadline: Registration and technical bids must be submitted by 19 November 2026, 14:00 hrs
- EMD Requirement: Bidders must deposit ₹16.60 crore
- Pre-bid Meeting: Scheduled for 3 November 2026 at 16:00 hrs in New Delhi
- Property: Approximately 5.119 acres of freehold industrial land in Najafgarh Industrial Area
When it applies
- pre-bid meeting
- registration, technical bid submission and EMD deposit
- opening of technical bids
- mock auction
Who it affects
- eligible bidders