The National Land Monetisation Corporation has initiated the sale of a 5.119-acre land parcel belonging to HIL (India) with a reserve price of Rs 829.69 crore. The auction will be conducted online, encouraging consortiums to place bids. To ensure clarity, a pre-bid meeting was convened for prospective bidders. This move is part of the government's strategy to unlock the value in surplus public sector assets, promoting efficient asset utilization.
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