इस खबर का हिंदी अनुवाद तैयार किया जा रहा है। यह पेज कुछ ही क्षणों में अपने आप हिंदी में खुल जाएगा।
- Auction covers 459 land parcels of Rashtriya Ispat Nigam Limited in Visakhapatnam
- First phase on October 12, second on October 16, each from 11:00 AM to 7:00 PM
- Registration and EMD for first phase close October 8, 2026, at 5:00 PM
- Registration and EMD for second phase close October 14, 2026, at 5:00 PM
- Physical and online mock e-auction training held on October 6 and October 7
The National Land Monetization Corporation (NLMC) has held mock e-auction training for prospective bidders ahead of the sale of 459 land parcels owned by Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant.
NLMC, under the Department of Public Enterprises in the Ministry of Finance, held a physical session in Visakhapatnam on October 6, 2026. It held an online session on October 7 for bidders who could not attend in person. Both sessions let participants practise the bidding interface and procedure in a simulated setting.
Two auction phases
The auction runs in two phases. The first is on October 12, 2026, and the second on October 16, 2026, each from 11:00 AM to 7:00 PM.
| Particulars | Day 1 | Day 2 |
|---|---|---|
| Number of plots | 243 | 216 |
| Auction Date | October 12, 2026 | October 16, 2026 |
| Auction Timing | 11:00 AM – 7:00 PM | 11:00 AM – 7:00 PM |
| Last date for Registration & EMD | October 8, 2026, 5:00 PM | October 14, 2026, 5:00 PM |
| EMD | ₹2 lakh per plot | ₹2 lakh per plot |
Bidders for the first phase must register, meet the requirements and submit EMD by October 8, 2026, up to 5:00 PM. For the second phase, the deadline is October 14, 2026, up to 5:00 PM.
What is on offer
The portfolio has 459 plots covering 93,572.21 square yards in Visakhapatnam. The plots are free of encumbrances. Locations include HB Colony, Maddilapalem and Auto Nagar, Gajuwaka.
Plot sizes range from about 128.94 square yards to 2,728 square yards. The sale is an e-tender-cum-e-auction on the RailTel E-Nivida e-Procurement Platform. Quikr India Pvt. Ltd. (QIPL) is the Transaction Consultant.
Investor meets in three cities
Before the auction, NLMC held investor meets in Visakhapatnam, Vijayawada and Hyderabad. Buyers got details on the plots, the process, eligibility and procedures. Participants joined in person and online, including some from outside the region and overseas.
NLMC said the sale is part of the Government’s push to unlock value from under-utilised assets. It is selling surplus land and non-core assets of Central Public Sector Enterprises and government agencies.
Plot details, eligibility, terms, registration rules and the bidding process are on the official e-auction portal.
