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NLMC Invites Bids for 5.119-Acre HIL Land Parcel in New Delhi

NLMC has invited bids for a 5.119-acre freehold land parcel of HIL (India) Limited in New Delhi, with the reserve price fixed at Rs 829.69 crore.

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NLMC Invites Bids for 5.119-Acre HIL Land Parcel in New Delhi — GK24 title card

Why in News

The National Land Monetization Corporation invited bids for the outright sale of a 5.119-acre freehold plot of HIL (India) Limited in New Delhi at a reserve price of Rs 829.69 crore, its third publicly advertised e-auction in two months.

The National Land Monetization Corporation (NLMC) has called for bids to sell a freehold plot owned by HIL (India) Limited in the national capital. The land lies in the Najafgarh Industrial Area on Rohtak Road, Shivaji Marg, and is being offered for outright sale through electronic bidding. It is the third e-auction the corporation has advertised publicly in two months, a sign of the push behind the government’s land monetisation plans.

The plot and the price

The parcel measures about 5.119 acres, or roughly 20,722.93 square metres, and carries an industrial land use. The reserve price has been set at Rs 829.69 crore. Bids must rise in steps of at least Rs 1 crore per acre, and a bidder has to place earnest money of Rs 16.60 crore to enter the process. A processing fee of Rs 24 lakh, together with the taxes that apply, falls only on the highest bidder. The stated area is indicative; the exact extent will be settled by a joint survey carried out with the successful bidder.

ParticularDetail
OwnerHIL (India) Limited
Area5.119 acres
Reserve priceRs 829.69 crore
Earnest moneyRs 16.60 crore
Land useIndustrial

How the sale will run

The sale follows a two-stage route: an e-tender and then an e-auction. Registration, the technical bid and the earnest money or bank guarantee must reach the corporation by 19 November 2026. Technical bids will be opened on 20 November 2026 and a mock auction is set for 23 November 2026, with the auction date itself to be announced after the bids are opened. A pre-bid meeting is fixed for 3 November 2026 in New Delhi, queries may be sent until 29 October 2026, and replies are to be given by 6 November 2026. The auction notification itself was issued on 8 October 2026.

What NLMC does

The corporation works under the Department of Public Enterprises in the Ministry of Finance. Its task is to help central public sector enterprises and other government bodies unlock value from surplus land and non-core assets that are lying under-used. The sale is on an as-is-where-is basis, and the bidding is being run on the e-Nivida platform, with RailTel Corporation of India Limited assisting on registration and the electronic auction itself.

Important Facts

AgencyNational Land Monetization Corporation (NLMC)
Parent departmentDepartment of Public Enterprises, Ministry of Finance
Owner of the landHIL (India) Limited
LocationNajafgarh Industrial Area, Rohtak Road, Shivaji Marg, New Delhi
AreaAbout 5.119 acres (20,722.93 square metres)
Land useIndustrial
Mode of saleE-tender followed by e-auction
Reserve priceRs 829.69 crore
Earnest moneyRs 16.60 crore
Bid incrementRs 1 crore per acre
Last date for bids19 November 2026
Platforme-Nivida, with RailTel Corporation of India Limited assisting

Exam Point of View

Remember the agency (NLMC) and its parent department (Department of Public Enterprises, Ministry of Finance), the owner company (HIL (India) Limited), the site (Najafgarh Industrial Area, Rohtak Road, New Delhi), the area (5.119 acres or about 20,722.93 square metres), the reserve price (Rs 829.69 crore), the earnest money (Rs 16.60 crore), the closing date (19 November 2026) and the platform used (e-Nivida, with RailTel assisting).

Practice Questions

Q1.EconomyMedium

What is the reserve price fixed for the HIL (India) Limited land parcel at Najafgarh, New Delhi?

  1. A.Rs 629.69 crore
  2. B.Rs 829.69 crore
  3. C.Rs 1,029.69 crore
  4. D.Rs 16.60 crore
Show answer
Correct answer: B. Rs 829.69 crore

Explanation

The correct answer is Rs 829.69 crore. That is the floor below which the freehold parcel at Najafgarh Industrial Area will not be sold, and every bid in the electronic auction has to start from it. The bidding then moves up in steps of at least Rs 1 crore per acre. Option A and option C are figures close to the real one and are the kind of distractor a paper setter builds by shifting the first digit, so the number has to be learnt exactly. Option D, Rs 16.60 crore, is also drawn from this auction, but it is the earnest money a bidder must deposit to enter the process, not the reserve price; mixing the two up is the commonest error in questions of this type. A further figure worth separating from both is the processing fee of Rs 24 lakh, which is payable only by the highest bidder.

Q2.EconomyMedium

The National Land Monetization Corporation functions under which department?

  1. A.Department of Public Enterprises, Ministry of Finance
  2. B.Department of Land Resources, Ministry of Rural Development
  3. C.Department for Promotion of Industry and Internal Trade
  4. D.Department of Expenditure, Ministry of Home Affairs
Show answer
Correct answer: A. Department of Public Enterprises, Ministry of Finance

Explanation

The correct answer is the Department of Public Enterprises in the Ministry of Finance. NLMC was set up to help central public sector enterprises and other government entities monetise surplus land and non-core assets, and it sits in that department. In the present case it is facilitating the sale on behalf of HIL (India) Limited, which owns the plot. Option B names the Department of Land Resources, which works on land records and watershed programmes under the Ministry of Rural Development and has no role in monetising enterprise assets. Option C, the Department for Promotion of Industry and Internal Trade, deals with industrial policy and foreign direct investment questions. Option D pairs the Department of Expenditure with the wrong ministry altogether, since that department belongs to the Ministry of Finance and not to Home Affairs. Candidates should remember the chain: NLMC, Department of Public Enterprises, Ministry of Finance.

Q3.EconomyMedium

What is the approximate area of the land parcel being monetised?

  1. A.2.119 acres
  2. B.5.119 acres
  3. C.15.119 acres
  4. D.51.19 acres
Show answer
Correct answer: B. 5.119 acres

Explanation

The correct answer is 5.119 acres, which works out to about 20,722.93 square metres. The parcel carries an industrial land use and is being offered for outright sale through an e-tender followed by an e-auction. The release makes clear that the area is provisional and indicative, and that the exact extent will be fixed through a joint survey conducted with the successful bidder, so the figure should be remembered along with that qualification. Option A, option C and option D are built by changing one digit or shifting the decimal point, which is exactly how such distractors are framed in objective papers. Candidates should therefore link the plot with its two paired measures, the acreage and the figure in square metres, and keep in mind that the sale is on an as-is-where-is basis with no recourse to the seller.

Q4.EconomyHard

By which date must registration, the technical bid and the earnest money for the auction be submitted?

  1. A.29 October 2026
  2. B.3 November 2026
  3. C.19 November 2026
  4. D.23 November 2026
Show answer
Correct answer: C. 19 November 2026

Explanation

The correct answer is 19 November 2026. Registration, the technical bid and the earnest money or bank guarantee have all to reach the corporation by that date, after which the technical bids are opened on 20 November 2026. Option A, 29 October 2026, is the last date for sending queries about the auction, not for the bid itself. Option B, 3 November 2026, is the day fixed for the pre-bid meeting in New Delhi, where prospective bidders can have the process explained to them. Option D, 23 November 2026, is the date of the mock auction, a trial run held before the real bidding; the e-auction date is to be announced only after the technical bids have been opened. Keeping this calendar in order is the point of the question, since all four dates belong to the same auction and are easily confused with one another.

Frequently Asked Questions

Which body has invited the bids for this land parcel?

The National Land Monetization Corporation, which works under the Department of Public Enterprises in the Ministry of Finance. It is facilitating the sale on behalf of HIL (India) Limited, the owner of the plot.

What is the reserve price of the Najafgarh land parcel?

Rs 829.69 crore. Bids must rise by at least Rs 1 crore per acre, and a bidder has to deposit earnest money of Rs 16.60 crore to take part in the process.

What does NLMC do?

It helps central public sector enterprises and other government entities monetise surplus land and non-core assets through transparent, competitive processes, so that value is unlocked from under-utilised holdings.

Sources

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