The National Land Monetization Corporation has scheduled an e-auction of 459 RINL land parcels in Visakhapatnam for 12 and 16 October 2026. The government says the portfolio includes 456 residential plots in HB Colony, plus parcels in Auto Nagar for residential and commercial or logistics use. Each bid requires online registration, KYC and a ₹2 lakh earnest money deposit per plot, according to the Ministry of Finance announcement.
What is included in the 459-parcel portfolio?
The NLMC release describes 459 parcels spanning 93,572.21 square yards. At HB Colony in Maddilapalem, it lists 456 MIG/LIG residential plots. At Auto Nagar in Gajuwaka, it lists a 2,728-square-yard contiguous parcel in Block 2 for commercial and logistics use, along with two residential plots in Block 3. The reported individual plot sizes range from about 128.94 to 2,728 square yards.
That mix matters: the announcement is not a residential-only offering. The government also describes the sites as having access to existing roads and civic infrastructure, but a portfolio-level description does not answer every lot-specific question about dimensions, permitted use or possession.
When are the auctions and what is the EMD?
The release gives two auction dates: 12 October and 16 October 2026. It says prospective bidders must register online, complete KYC verification and submit an EMD of ₹2 lakh per plot through the RailTel E-Nivida auction portal within the stated timelines. The linked portal and its RFP materials are the place to confirm the lot schedule, payment conditions and current bidder instructions.
What should a bidder verify for a specific parcel?
Start with the parcel number and the relevant RFP entry. Match the listed area and location to the survey or layout material, then confirm the lot’s stated use, payment timetable and any conditions that apply to that lot. Do not use the overall 459-plot count as a substitute for reviewing the parcel you may bid on.
The government announcement describes the portfolio as having clear, encumbrance-free government titles. BestProp.ai’s practical reading is to treat that as an issuer statement about the offering and still review the documents attached to the selected lot before making a bid. The official release points bidders to the auction portal for the detailed RFP. For a separate Bengaluru example of a public land sale, see BestProp.ai’s coverage of the BDA 32-site auction.
BestProp.ai’s read: compare the parcel, not just the portfolio
A single headline combines very different assets: residential plots, two additional residential parcels and a large Auto Nagar site described for commercial and logistics use. The announcement is useful for identifying the auction dates and broad location mix. It does not provide a buyer with a substitute for the lot-level RFP, survey record or bid conditions. Treat those records as the decision file, and use the press release as the portfolio overview.
When are the RINL land auctions?
The Ministry of Finance announcement lists 12 and 16 October 2026. Confirm the lot-specific timetable on the E-Nivida portal before registering or submitting a bid.
Are all 459 parcels residential?
No. The announcement lists 456 MIG/LIG residential plots in HB Colony and identifies an Auto Nagar parcel for commercial and logistics use, as well as two residential plots.
How much is the published EMD?
The announcement states ₹2 lakh per plot. Check the current RFP for the payment deadline and other bid conditions.
Sources: Ministry of Finance / NLMC auction announcement; RailTel E-Nivida auction portal.