Overview
- NLMC has opened an online e‑auction for HIL (India) Ltd’s 5.119‑acre Najafgarh plot with a reserve price of Rs 829.69 crore and held a pre‑bid meeting on Tuesday to brief prospective bidders.
- The parcel fronts Rohtak Road, links to Delhi Metro’s Green Line, and carries transit‑oriented development potential with FSI up to 400 subject to statutory approvals.
- Several established developers including Godrej, Omaxe and M3M have expressed interest in the site, and consortium bids of up to three members are permitted under the RFP.
- NLMC has already completed roughly Rs 9,000 crore of monetisation in FY27 and expects another Rs 4,000–6,000 crore from further CPSE land sales in the coming weeks.
- The corporation, set up under the Department of Public Enterprises, specialises in selling surplus CPSE land and buildings and operates separately from DIPAM’s stake‑sale disinvestment programme.