NLMC to Facilitate E-Auction of 459 RINL Land Parcels in Visakhapatnam

The National Land Monetization Corporation (NLMC), a 100% Government of India-owned enterprise under the Ministry of Finance, has announced the e-auction of 459 land parcels belonging to Rashtriya Ispat Nigam Limited (RINL) in Visakhapatnam, Andhra Pradesh. Spanning 93,572.21 square yards across HB Colony and Auto Nagar, these land assets are being offered for outright sale through a transparent bidding process on the RailTel E-Nivida e-Procurement Platform. Quikr India Pvt. Ltd. acts as the Transaction Consultant. This initiative aligns with NLMC's mandate to monetize surplus land and non-core assets of Central Public Sector Enterprises.