India, Nov. 4 -- The Government of India has issued a release:

Particulars

Phase I

Phase II

Combined

Auction Date

12 October 2026

3 November 2026

-

Land Parcels Successfully Auctioned

150

114

264

Aggregate Reserve Price of Successful Plots

Rs.312.48 crore

Rs.184.81 crore

Rs.497.29 crore

Total Successful Bid Value

Rs.366.33 crore

Rs.218 crore

Rs.584.33 crore

Premium Over Reserve Price

17.23%

17.96%

17.50%

The National Land Monetization Corporation (NLMC), under the Department of Public Enterprises (DPE), Ministry of Finance, Government of India, has successfully concluded the second phase of the e-auction of land parcels belonging to Rashtriya Ispat Nigam Limited (RINL), the corporate entity operating Visakhapatnam ...