NLMC Puts ₹830-Crore Delhi Land Parcel of HIL on the Block
- What: 5.119-acre freehold land monetisation
- Reserve price: ₹829.69 crore
- EMD requirement: ₹16.60 crore
- Bid deadline: November 19, 2026
A 5.119-acre prime freehold industrial plot in West Delhi with an ₹829.69 crore reserve price is going under the hammer. The National Land Monetization Corporation has floated an e-tender-cum-e-auction for the land parcel belonging to state-run chemical producer HIL (India) Limited. Located in the Najafgarh Industrial Area along Shivaji Marg and Rohtak Road, the offering marks the agency's third public land monetisation drive within two months.
The outright sale will run on the e-Nivida digital platform in a two-stage process. Prospective industrial developers and commercial investors must submit their technical bids and an earnest money deposit of ₹16.60 crore by November 19, 2026. The minimum bid increment is fixed at ₹1 crore per acre, with technical bids scheduled to open on November 20 followed by a mock auction on November 23.
Prospective buyers must navigate strict sale terms. The 20,722.93-square-metre plot is being offloaded strictly on an as-is-where-is and no-recourse basis, with final boundaries subject to a joint post-auction survey. In addition to the winning bid, the successful bidder must shell out an auction processing fee of ₹24 lakh plus applicable taxes.
The auction reflects the Centre's accelerating push to monetise non-core, underutilised land held by Central Public Sector Enterprises. By deploying specialised transaction managers to orchestrate commercial sales in high-density metropolitan zones, the government aims to unlock trapped public capital while returning legacy industrial tracts to active economic circulation.
Frequently Asked Questions
What is the reserve price for the HIL Delhi land parcel?
The reserve price is set at ₹829.69 crore for the 5.119-acre parcel, with a mandatory earnest money deposit of ₹16.60 crore.
Where is the monetised property located?
The freehold industrial plot is situated in the Najafgarh Industrial Area along Rohtak Road and Shivaji Marg in New Delhi.
What is the deadline to participate in the NLMC auction?
Bidders must complete registration, submit technical bids, and deposit the required EMD by November 19, 2026, at 14:00 hours.
What digital platform is facilitating the bidding process?
The e-tender and e-auction are being hosted on the e-Nivida portal (nlmc.enivida.com) with technical support from RailTel Corporation of India.
Source
PIB Press Release No. 2321258, Ministry of Finance (Release ID: 2321258) · 2026-10-09
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