Ministry of Finance
NLMC Invites Bids for Monetisation of 5.119-Acre Prime Freehold Land Parcel of HIL (India) Limited in New Delhi
PrelimsMainsGS3GovernanceEconomy
Source-grounded summary
The National Land Monetization Corporation (NLMC), operating under the Department of Public Enterprises, Ministry of Finance, has invited bids for the monetisation of a 5.119-acre prime freehold land parcel belonging to HIL (India) Limited located in the Najafgarh Industrial Area, New Delhi. The property, carrying an industrial land use designation, has a reserve price of ₹829.69 crore and is being offered for outright sale via a transparent electronic tender followed by an e-auction. The process is being facilitated through the e-Nivida platform, with the deadline for registration, technical bids, and earnest money deposit set for November 19, 2026.