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Visakhapatnam: The Centre is set to put 459 land parcels owned by Rashtriya Ispat Nigam Limited (RINL) in Visakhapatnam under the hammer as part of its wider asset monetisation programme. The National Land Monetisation Corporation (NLMC) will facilitate the online auction of the properties, which together cover 93,572.21 square yards .
The RINL land auction in Visakhapatnam will be conducted through the RailTel E-Nivida e-procurement platform in two sessions on October 12 and October 16, 2026 . Prospective bidders will have to complete online registration, KYC verification and payment of an Earnest Money Deposit (EMD) of Rs 2 lakh per plot within the prescribed deadlines.
The properties are being offered for outright sale , with the government describing the land titles as clear and encumbrance-free, subject to the terms and conditions of the auction documents. Individual parcels across the portfolio range from approximately 128.94 square yards to 2,728 square yards .
The auction has also entered a wider investor-outreach phase, with NLMC scheduled to hold investor meetings in Visakhapatnam, Vijayawada and Hyderabad ahead of the e-auction. The meetings are intended to provide prospective investors, developers and other eligible participants with information about the land portfolio, auction process, bidding requirements and registration procedure.
NOTICE - https://eauction.enivida.com/resources/assets/files/eauctionfiles/RINL_RFP_31-08-2026.pdf
Ahead of the RINL Visakhapatnam land auction , NLMC will conduct investor meetings in three cities in Andhra Pradesh and Telangana.
| City | Investor Meet Date |
|---|---|
| Visakhapatnam | September 23, 2026 |
| Vijayawada | September 24, 2026 |
| Hyderabad | September 25, 2026 |
The meetings are aimed at prospective investors, developers and other eligible participants interested in the RINL land portfolio.
The sessions are expected to provide information on the available properties, auction process, bidding requirements, registration procedure and other relevant aspects of the e-auction. They also provide prospective participants an opportunity to seek clarifications from the concerned stakeholders.
The investor outreach is particularly relevant because the auction includes both residential plots in HB Colony and properties in Auto Nagar, Gajuwaka , including a large parcel identified for commercial and logistics use.
The auction portfolio comprises properties in HB Colony, Maddilapalem , and Auto Nagar in Gajuwaka .
The largest portion consists of 456 residential MIG and LIG plots in HB Colony, Maddilapalem . The remaining three properties are located in Auto Nagar, Gajuwaka.
The official portfolio breakdown is:
| Location | Number of Properties | Key Details |
|---|---|---|
| HB Colony, Maddilapalem | 456 | Residential MIG/LIG plots |
| Auto Nagar, Gajuwaka - Block 2 | 1 | 2,728 sq yd commercial/logistics parcel |
| Auto Nagar, Gajuwaka - Block 3 | 2 | Residential plots |
| Total | 459 | 93,572.21 sq yd |
The 456 HB Colony residential plots together cover 87,949.77 square yards , while the three Auto Nagar properties cover 5,622.44 square yards .
Across the complete portfolio, plot sizes range from approximately 128.94 square yards to 2,728 square yards .
The HB Colony properties have 24-foot to 60-foot concrete approach roads and are located close to NH-16 , according to the official announcement.
The RINL land auction will be conducted in two separate e-auction sessions . The 459 properties have been divided between the two sessions.
| Particular | Session 1 | Session 2 |
|---|---|---|
| Number of plots | 243 | 216 |
| Auction date | October 12, 2026 | October 16, 2026 |
| Registration and EMD deadline | October 8, 2026, 5:00 PM | October 14, 2026, 5:00 PM |
| Platform | RailTel E-Nivida | RailTel E-Nivida |
| EMD | Rs 2 lakh per plot | Rs 2 lakh per plot |
Bidders should complete the registration and EMD payment before the respective deadline for the session in which the selected property is being auctioned.
The 216-property schedule available for detailed reference in this article relates to the second group of properties, but bidders should rely on the final official auction catalogue and property schedule to identify the session and complete details of each individual property.
| Particular | Details |
|---|---|
| Auction Authority | National Land Monetisation Corporation (NLMC) |
| Asset Owner | Rashtriya Ispat Nigam Limited (RINL) |
| Location | Visakhapatnam, Andhra Pradesh |
| Total Land Parcels | 459 |
| Total Area | 93,572.21 sq yd |
| HB Colony Residential Plots | 456 MIG/LIG plots |
| Auto Nagar Properties | 3 plots |
| Auction Dates | October 12 and October 16, 2026 |
| Bidding Platform | RailTel E-Nivida |
| EMD | Rs 2 lakh per plot |
| Transaction Consultant | Quikr India Pvt. Ltd. |
| Sale Type | Outright sale |
The official auction information requires prospective bidders to complete online registration, KYC verification and EMD payment within the prescribed timelines.
The HB Colony, Maddilapalem component accounts for 456 of the 459 properties .
These are residential MIG and LIG plots situated in an established urban neighbourhood. The government has highlighted the availability of civic and social infrastructure, concrete approach roads and proximity to NH-16 .
The overall RINL auction portfolio includes plots ranging from approximately 128.94 sq yd to 2,728 sq yd .
The HB Colony properties together cover 87,949.77 sq yd , making them the dominant component of the RINL land auction.
For individual buyers, the residential portfolio is primarily relevant to those looking for MIG or LIG residential land. For larger participants, the auction also includes the Auto Nagar properties, which broaden the portfolio beyond residential land.
The detailed property schedule available for this article contains 216 individual properties from the larger 459-property auction portfolio.
It should be noted that these 216 properties do not represent the entire auction inventory . The official announcement separately confirms that the complete portfolio contains 459 properties , including 456 residential plots in HB Colony and three Auto Nagar parcels.
The supplied 216-property extract contains:
| Category | Properties in Supplied Extract |
|---|---|
| LIG residential | 164 |
| MIG residential | 52 |
| Total | 216 |
The extract covers properties in Blocks 3, 4, 6, 9, 11B, 12, 13, 14, 19, 20, 21, 22, 23, 24, 27, 28, 33, 34, 37, 39, 41, 42, 44 and 47 .
The 216-property extract should therefore be treated as a detailed reference schedule , rather than the complete list of 459 properties.
The supplied schedule contains 164 LIG residential properties .
The block-wise distribution is:
| Block | LIG Properties |
|---|---|
| Block 3 | 3 |
| Block 6 | 16 |
| Block 9 | 16 |
| Block 11B | 4 |
| Block 12 | 8 |
| Block 13 | 25 |
| Block 14 | 7 |
| Block 19 | 22 |
| Block 20 | 4 |
| Block 21 | 8 |
| Block 22 | 7 |
| Block 23 | 2 |
| Block 27 | 1 |
| Block 33 | 5 |
| Block 34 | 5 |
| Block 37 | 12 |
| Block 39 | 9 |
| Block 41 | 10 |
| Total | 164 |
The supplied schedule includes several plots measuring around 146.66 sq yd , while some LIG parcels are larger than 200 sq yd.
For example, LIG374 and LIG375 in Block 3 are listed at 146.66 sq yd, with reserve prices of approximately Rs 1.79 crore and Rs 1.81 crore , respectively.
LIG376 is listed at 166.22 sq yd with a reserve price of approximately Rs 2.32 crore .
These plot-specific figures should be verified against the final official RINL/NLMC auction catalogue before bidding.
The supplied property schedule contains 52 MIG residential plots .
| Block | MIG Properties |
|---|---|
| Block 4 | 2 |
| Block 11B | 3 |
| Block 22 | 5 |
| Block 24 | 7 |
| Block 28 | 1 |
| Block 42 | 7 |
| Block 44 | 18 |
| Block 47 | 9 |
| Total | 52 |
Several MIG properties in the supplied schedule are considerably larger than the LIG plots, with examples ranging from around 260 sq yd to more than 450 sq yd .
Two Block 4 properties, MIG145 and MIG146 , are listed at 300 sq yd each, with reserve prices of approximately Rs 2.85 crore and Rs 2.95 crore , respectively.
The supplied property schedule contains plot-wise reserve-price information for the 216 properties covered in the extract .
Some examples are:
| Property | Area | Reserve Price |
|---|---|---|
| LIG374, Block 3 | 146.66 sq yd | Rs 1,78,68,688 |
| LIG375, Block 3 | 146.66 sq yd | Rs 1,80,63,746 |
| LIG376, Block 3 | 166.22 sq yd | Rs 2,32,12,623 |
| MIG145, Block 4 | 300 sq yd | Rs 2,85,00,000 |
| MIG146, Block 4 | 300 sq yd | Rs 2,94,97,500 |
| MIG104, Block 24 | 347.11 sq yd | Rs 4,23,73,453 |
| MIG92, Block 42 | 450.29 sq yd | Rs 4,29,91,438 |
| MIG189, Block 44 | 388.28 sq yd | Rs 3,37,80,360 |
These figures relate only to the supplied 216-property schedule and should not be interpreted as the reserve prices of all 459 properties.
Buyers should check the final NLMC/RINL auction catalogue and RailTel E-Nivida documents before making any financial commitment.
The Auto Nagar properties add a commercial component to the otherwise predominantly residential auction.
The most prominent asset is a 2,728-square-yard contiguous parcel in Block 2 , located approximately 500 metres from NH-16 . The official release identifies this property for commercial and logistics use .
Two additional residential properties in Block 3, Auto Nagar , are also included in the 459-property portfolio.
This makes the RINL land auction relevant not only to individual residential buyers but also to developers, investors and commercial users , subject to the eligibility requirements and conditions of the official auction documents.
Road connectivity is another notable feature of the properties.
The official announcement states that the HB Colony properties have 24-foot to 60-foot concrete approach roads and are close to National Highway 16 .
The supplied detailed property schedule also records individual plot boundaries, road widths and surrounding properties.
Depending on the plot, the surrounding boundaries may include:
For prospective bidders, these details can help identify the exact location and physical characteristics of a selected property.
Prospective bidders must complete the required online registration and KYC verification and submit the prescribed Rs 2 lakh EMD for each plot .
The official auction documents should be treated as the final authority on:
Investors, developers and other prospective participants should also use the NLMC investor meetings and official auction documentation to understand the bidding requirements before participating.
Buyers should read the complete RFP, property schedule and RailTel E-Nivida documents before submitting a bid.
The RINL land auction in Visakhapatnam is part of the Centre's broader strategy to monetise surplus land and non-core assets held by central public sector enterprises.
NLMC is a 100% Government of India-owned company under the administrative control of the Department of Public Enterprises, Ministry of Finance . Its mandate includes monetising surplus land and other non-core assets held by CPSEs and government entities.
RINL is the corporate entity of the Visakhapatnam Steel Plant and a Navratna Central Public Sector Enterprise under the Ministry of Steel.
The auction therefore represents a significant government-backed land monetisation exercise in one of Andhra Pradesh's major urban and industrial centres.
The scheduled investor meetings in Visakhapatnam, Vijayawada and Hyderabad are part of the pre-auction outreach for the RINL land portfolio.
Some earlier reports put the approximate value of the RINL land portfolio at around Rs 900 crore .
However, this figure should not be presented as the confirmed auction proceeds or as the final combined reserve price of all 459 plots.
The eventual sale value will depend on the plot-wise reserve prices and competitive bidding .
For SEO and factual accuracy, it is therefore preferable to describe Rs 900 crore as a reported or indicative portfolio value , rather than stating that NLMC will definitely raise Rs 900 crore through the auction.
Before participating in the RINL Visakhapatnam land e-auction , buyers should:
| Event | Date/Deadline |
|---|---|
| NLMC Investor Meet, Visakhapatnam | September 23, 2026 |
| NLMC Investor Meet, Vijayawada | September 24, 2026 |
| NLMC Investor Meet, Hyderabad | September 25, 2026 |
| Session 1 Registration and EMD Deadline | October 8, 2026, 5:00 PM |
| Session 1 E-Auction | October 12, 2026 |
| Session 2 Registration and EMD Deadline | October 14, 2026, 5:00 PM |
| Session 2 E-Auction | October 16, 2026 |
The EMD is Rs 2 lakh per plot , and bidders must complete the required registration, KYC verification and payment process within the applicable deadline.
The RFP, property schedule, eligibility conditions, EMD requirements, payment terms and other auction conditions should be checked on the authorised auction platform before bidding.
The final official documents will prevail in case of any difference between media reports, summaries and the detailed auction documentation.
Prospective bidders should also verify the plot number, auction session, reserve price, area, land use, boundaries and applicable terms for the individual property they intend to bid for.
RINL Land Auction Visakhapatnam 2026 offers a portfolio of 459 properties covering 93,572.21 sq yd , with the majority comprising residential MIG/LIG plots in HB Colony and three properties in Auto Nagar. With the auction scheduled across October 12 and October 16 , prospective bidders should complete registration and EMD payment within the respective deadlines and rely on the official RFP and auction catalogue for final bidding decisions.
