HIL's (India) Delhi land to be monetized by NLMC
The government-owned National Land Monetisation Corporation (NLMC) has initiated the process to monetise a 5.119-acre land parcel owned by HIL (India) in Delhi.
NLMC has set a reserve price of Rs 829.69 crore for the land located in Najafgarh Industrial Area, Rohtak Road / Shivaji Marg. The land has development potential for industrial use (with conversion permissible) and an FSI of up to 400 under Transit-Oriented Development (TOD) provisions.
The land has approximately 140 metres of road frontage and is connected to the Delhi Metro.
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