Business · Companies · 8 hrs ago
NLMC has monetised ₹9,000 crore in PSU assets and targets up to ₹15,000 crore
India’s National Land Monetisation Corporation has completed ₹9,000 crore in asset transactions so far this financial year.
The government agency helps sell surplus land and other non-core property held by public sector companies.
It aims to complete another ₹5,000-6,000 crore of transactions in the coming months, bringing the year’s total to about ₹14,000-15,000 crore.
The pipeline includes assets linked to companies such as MTNL, BSNL, HIL and Rashtriya Ispat Nigam.
One planned sale is a 5.119-acre HIL site in Delhi, with a reserve price of about ₹830 crore, which is being offered through an e-auction.
The money from these sales goes to the companies that own the assets.
The agency is also assessing homes and commercial properties in several cities for possible sales.
The National Land Monetisation Corporation has completed transactions worth ₹9,000 crore in the current financial year.
It aims to monetise another ₹5,000-6,000 crore this year, taking the total to about ₹14,000-15,000 crore.
The assets are non-core properties held by public sector undertakings and other government entities.
The corporation has an additional pipeline of assets worth ₹4,000-5,000 crore at various stages of processing, according to Economic Times.
A Delhi land parcel belonging to HIL (India), with a reserve price of about ₹830 crore, is among the proposed sales.
- Who
- The National Land Monetisation Corporation and its CEO, identified as Rohan Chandra Thakur by Economic Times and Rohan Chand Thakur by Business Standard.
- What
- NLMC has completed ₹9,000 crore in asset monetisation and aims to reach up to ₹15,000 crore this financial year.
- When
- The current financial year, FY27. The articles were published on November 3, 2026.
- Where
- Across assets held by public sector undertakings; a proposed HIL (India) land sale is in Delhi.
- Why
- To monetise surplus land and other non-core assets held by government-owned companies and agencies.
This story does not have two clearly opposing sides.
NLMC had completed asset monetisation transactions worth ₹9,000 crore, according to its chief executive.
NLMC expects to close transactions worth ₹5,000-6,000 crore.
Results were expected for the auction of 180 Rashtriya Ispat Nigam plots.
- Completed transactions
- ₹9,000 crore
- FY27 target
- Up to ₹15,000 crore
- Additional pipeline
- ₹4,000-5,000 crore, according to Economic Times
- HIL (India) land parcel
- 5.119 acres in Delhi
- HIL land parcel reserve price
- Around ₹830 crore
2 sources
What people are saying
We have already completed a transaction worth ₹9,000 crore in the current financial year, and in the next few months, we will close transactions worth ₹5000- 6,000 crore.
These are cases where NLMC has done all the work. It has done the valuation,