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NLMC Releases RFP for E-Auction of 11 Government Residential Flats Across Three Prime Locations in Prayagraj

PIB National (English) · Published 10 November 2026 · Last updated

NLMC launched an e-auction on 5 November 2026 for 11 surplus government flats in Prayagraj to monetize public assets via a transparent digital platform.

Key points

  • The National Land Monetization Corporation (NLMC) released the Request for Proposal (RFP) on 5 November 2026 for the e-auction of residential properties.
  • The auction involves 11 ready-built residential flats located across three established housing schemes in Prayagraj, Uttar Pradesh.
  • NLMC operates under the administrative control of the Department of Public Enterprises (DPE) within the Ministry of Finance.
  • The Juhi Housing Scheme on Muir Road offers 5 two-bedroom flats with built-up areas ranging from 107 to 108 square metres.
  • The Parivartan Housing Scheme on Thornhill Road includes 4 flats (2 and 3 BHK) with areas between 106 and 139 square metres.
  • The Agnipath Housing Scheme in Civil Lines provides 2 three-bedroom flats with built-up areas of 96 and 112 square metres.
  • A mandatory Pre-Bid Meeting is scheduled for 20 November 2026 at 11:00 AM for bidder clarifications.
  • The deadline for registration and Earnest Money Deposit (EMD) submission is 7 December 2026 by 5:00 PM.
  • The actual e-auction will be conducted on 11 December 2026 from 11:00 AM to 5:00 PM via the Enivida portal.
  • The initiative targets homebuyers, individual investors, and eligible bidders seeking properties in established localities with civic amenities.

Background

  • NLMC was established to facilitate the monetisation of surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other government entities.
  • This release aligns with the Government of India's broader asset monetisation objectives to unlock economic potential of surplus public assets.
  • The corporation seeks to promote productive utilisation of underutilised public assets through market-driven and technology-enabled processes.
  • The move contributes to efficient public asset management and supports national economic development goals.

Prelims facts and Mains angle for this issue are in the full SWAदेSH note.

Original report: PIB National (English)

Sources