
The National Land Monetisation Corporation (NLMC) has issued a Request for Proposal (RFP) to auction 11 government-owned residential flats across three housing schemes in Prayagraj, Uttar Pradesh, with the online bidding scheduled for December 11, 2026.
The properties are being offered to prospective homebuyers, individual investors and other eligible bidders through a digital auction process.
Interested participants must complete registration and submit the mandatory Earnest Money Deposit (EMD) by December 7, 2026.
According to the Union Ministry of Finance, the auction is part of NLMC's efforts to monetise surplus and underutilised government assets through transparent and technology-enabled processes.
The residential inventory comprises ready-to-occupy two-bedroom and three-bedroom apartments located across three housing schemes.
The distribution includes:
The properties are situated in residential areas with connectivity to schools, healthcare institutions, commercial establishments and other civic infrastructure.
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NLMC has scheduled a pre-bid meeting for November 20, 2026, at 11 am to address queries concerning technical documentation, eligibility conditions, payment requirements and auction procedures.
The deadline for completing bidder registration and depositing the EMD is December 7 at 5 pm.
The online auction will be conducted on December 11 between 11 am and 5 pm through the designated e-auction portal.
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The Ministry of Finance said eligible participants can submit competitive bids through the designated digital auction platform in accordance with the conditions specified in the RFP.
The tender document also contains property details, eligibility requirements, EMD provisions, bidding procedures and other terms governing participation.
NLMC is a wholly owned Government of India enterprise administered under the Department of Public Enterprises within the Ministry of Finance.
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