NLMC to Organise Investor Meets Ahead of RINL Land E-Auction

The National Land Monetization Corporation (NLMC), under the Ministry of Finance, is organizing Investor Meets in Visakhapatnam, Hyderabad, and Vijayawada ahead of the e-auction of 459 land parcels owned by Rashtriya Ispat Nigam Limited (RINL). The portfolio includes residential plots at HB Colony and industrial/commercial plots at Auto Nagar, Gajuwaka, totaling 93,572.21 square yards. The e-auction is scheduled to be conducted on October 12 and October 16, 2026, via the RailTel E-Nivida platform, with Quikr India Pvt. Ltd. acting as the transaction consultant. NLMC undertakes such initiatives as part of its mandate to monetize surplus land and non-core assets of Central Public Sector Enterprises (CPSEs).