Overview
- The National Land Monetization Corporation’s board recommended proposals to monetise surplus land and buildings with an aggregate value above Rs 5,000 crore.
- Board members reviewed NLMC’s engagement with central public sector enterprises and other government entities to identify assets, carry out due diligence and prepare valuations.
- The board called for faster implementation, clearer procedures and stronger coordination so identified assets move quickly through assessment, approval and sale processes.
- NLMC approved its annual financial statements and directors’ report for FY2025-26 and operates as a wholly government-owned company under the Department of Public Enterprises.
- Next steps include detailed due diligence, formal approvals by asset-owning bodies and use of transparent monetisation routes such as auctions, structured sales or investment vehicles including REITs, with proceeds intended to improve public asset management and raise resources for those entities.