A 5.119-acre government-company land parcel on Rohtak Road in New Delhi is up for outright sale at a reserve price of ₹829.69 crore, and the National Land Monetization Corporation (NLMC) has held a pre-bid meeting with prospective buyers.
The plot belongs to HIL (India) Limited, a central public sector enterprise, and sits in the Najafgarh Industrial Area at Shivaji Marg. Technical bids are due by 2 pm on 19 November 2026, according to the sale terms.
The Delhi land auction: what is on offer
The parcel measures about 20,722.93 sq m and has roughly 140 metres of frontage on Rohtak Road. It is connected to the Delhi Metro's Green Line.
It is being offered with a floor space index (FSI) of 400, plus additional FSI under transit-oriented development (TOD) rules, subject to statutory conditions and approvals. FSI measures how much floor area can be built relative to plot size, and TOD rules allow denser building near metro lines.
The land is currently zoned industrial. Conversion is permissible under applicable norms and approvals, and development must follow the Master Plan for Delhi 2021 and relevant redevelopment policies.
Price and bidding rules
At the reserve price, the plot is valued at about ₹162 crore per acre, a BrickBharat calculation. Bids will rise in steps of ₹1 crore per acre, and the highest price wins.
Bidders must pay an earnest money deposit of ₹16.60 crore by bank guarantee or NEFT/RTGS. Consortiums of up to three members are allowed. Technical bids open at 4 pm on 20 November, followed by an online e-auction on the NLMC portal.
The pre-bid meeting
Officials from NLMC, HIL (India) and transaction adviser CBRE India briefed participants in New Delhi on the site, its development potential, land-use rules, eligibility and auction terms, according to a government statement reported on 13 November.
HIL chairman and managing director Kuldeep Singh said the land has "substantial development potential". NLMC chief executive Rohan Chand Thakur said the government has given priority to monetising surplus and underused land held by public sector companies.
Background
HIL was set up in 1954 to produce DDT for India's malaria eradication programme. NLMC, created in June 2022 under the finance ministry's Department of Public Enterprises, sells surplus land and buildings of public sector firms. This is its third publicly advertised e-auction in about two months.
What it means for the city and investors
For developers, large freehold parcels with metro access are rare in west Delhi, and the high FSI could support a sizeable mixed-use or commercial project if land-use conversion is approved.
For nearby residents and businesses, a successful sale could bring redevelopment to an ageing industrial pocket along Rohtak Road. The final bid will also serve as a benchmark for land values in the area.
Sources
- PropNewsTime: NLMC holds pre-bid meeting for INR 830 crore auction of HIL's 5.119-acre Delhi land parcel — published 13 November 2026.
- Swarajya: Government Puts 5.1-Acre HIL Land Parcel In Delhi Up For Auction At ₹829.69 Crore Reserve Price — published 9 October 2026.
Frequently asked questions
What is the reserve price of the HIL land in Delhi?
The 5.119-acre plot in Najafgarh Industrial Area on Rohtak Road has a reserve price of ₹829.69 crore.
What is the last date to bid for the HIL Delhi land?
Registration, technical bids and the ₹16.60 crore earnest money deposit are due by 2 pm on 19 November 2026; technical bids open on 20 November.
What can be built on the HIL plot?
The land is offered with an FSI of 400 plus applicable transit-oriented development FSI, subject to approvals. Its use is industrial, with conversion permissible under applicable norms.