The record
Written from the 2 reports below. Nothing here is unsourced.
- The National Land Monetization Corporation will hold investor meetings to attract bidders for the e-auction of 459 land parcels owned by Rashtriya Ispat Nigam Ltd, the corporate entity of Visakhapatnam Steel Plant.
- The meetings will take place on 23, 24 and 25 September in Visakhapatnam, Vijayawada and Hyderabad.
- The plots are located in HB Colony, Maddilapalem, and Auto Nagar, Gajuwaka, and total 93,572.21 square yards, with 456 of them being residential plots.
- The e-auction will be held in two sessions on 12 and 16 October through the RailTel E-Nivida platform, with an earnest money deposit of ₹2 lakh per plot.
- The auction is part of the government's push to raise ₹80,000 crore from disinvestment and asset monetisation in FY27, under which ₹6,366.93 crore has so far come from land monetisation.
What to watch next
- Registration and earnest money deposit deadlines of 8 October (first session) and 14 October (second session).
- Bid turnout and prices realised in the 12 and 16 October auctions relative to reserve prices.
- Whether the NMP 2.0 framework speeds up further RINL and other CPSE land auctions.
What changed2
Every report on this story, newest first. Times are when each outlet published.
Why it matters4
Who is affected first and what likely follows, with a direction and a horizon. Extracted from the reports, never invented.
- Rashtriya Ispat Nigam Ltd surplus land monetization· weeks
- Government of India / National Land Monetization Corporation asset monetization target progress· weeks
- Investors and real estate developers land acquisition opportunity· days
- Visakhapatnam and Andhra Pradesh local real estate market land supply increase· longer
Coverage2
2 reports
English national2
All filed from India
Named India · Hyderabad · Rashtriya Ispat Nigam Limited · Rashtriya Ispat Nigam Ltd · Vijayawada · Visakhapatnam · Visakhapatnam Steel Plant · Department of Public Enterprises · Government of India · Ministry of Finance · National Land Monetisation Corporation · National Land Monetization Corporation · Quikr India Pvt. Ltd.
The 2 reports are listed beside the record.
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