NEW DELHI, Nov. 3 -- The National Land Monetization Corporation (NLMC) expects to generate an additional Rs.4,000-5,000 crore from the sale of surplus land assets held by central public sector enterprises (CPSEs) by the end of the current fiscal year, over and above land parcels worth around Rs.9,000 crore that it has already sold.

Payments for several completed transactions are at different stages of processing, while the corporation is preparing to bring more land parcels to market, its chief executive officer Rohan Chand Thakur said on Tuesday.

The next tranche of monetization is expected to come from surplus land held by CPSEs under the ministries of telecommunications, chemicals and fertilisers, petroleum and petrochemicals, and st...