NLMC Concludes Three-City Investor Outreach Programme for RINL Land E-Auction

The National Land Monetization Corporation (NLMC), operating under the Ministry of Finance, has concluded a three-city investor outreach programme in Visakhapatnam, Vijayawada, and Hyderabad. The programme aimed to inform prospective buyers, investors, and NRIs about the upcoming e-auction of 459 non-core land parcels belonging to Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant. The land portfolio comprises residential and commercial-industrial plots aggregating 93,572.21 square yards in Visakhapatnam. The e-auction is scheduled to be conducted in two sessions on October 12 and October 16, 2026, using the RailTel E-Nivida e-Procurement Platform, with Quikr India Pvt. Ltd. acting as the transaction consultant.