NLMC concluded Phase II of the RINL land e-auction in Visakhapatnam, selling 114 parcels for ₹218 crore—17.96% above the reserve price. Across both phases, 264 parcels fetched successful bids totalling ₹584.33 crore. A third auction round is planned, subject to approvals.
NLMC Successfully Concludes Second Phase of RINL Land E-Auction at Visakhapatnam on 3rd November 2026, Generates ₹218 Crore in Successful Bids
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Ministry of Finance (India)