Tuesday, November 10News That Matters

NLMC Releases RFP for E-Auction of 11 Government Residential Flats Across Three Prime Locations in Prayagraj

Residential properties located at Muir Road, Thornhill Road and Civil Lines to be offered through a transparent and competitive e-auction process

Pre-Bid Meeting Scheduled for 20 November 2026; E-Auction to be Held on 11 December 2026

Posted On: 10 NOV 2026 2:14PM by PIB Delhi

The National Land Monetization Corporation (NLMC), a wholly owned Government of India company under the administrative control of the Department of Public Enterprises (DPE), Ministry of Finance, has announced the release of the Request for Proposal (RFP) for the e-auction of 11 government-owned residential flats situated across three established housing schemes in Prayagraj, Uttar Pradesh.

The RFP, released on 5 November 2026, invites prospective homebuyers, individual investors and other eligible bidders to participate in a structured, transparent and competitive online auction process for acquiring residential properties in some of Prayagraj’s well-established localities.

The initiative forms part of NLMC’s continued efforts to facilitate the monetisation of surplus and underutilised public assets through transparent, market-driven and technology-enabled processes, while promoting their productive utilisation.

Residential Properties Across Three Locations

The proposed e-auction comprises 11 ready-built residential flats distributed across three housing schemes in Prayagraj, offering prospective buyers a choice of two-bedroom and three-bedroom residential units.

The properties are located in established residential neighbourhoods with access to educational institutions, healthcare facilities, commercial establishments and other essential civic amenities.

The details of the properties are as follows:

Housing SchemeLocationNo. of FlatsConfiguration
Juhi Housing SchemeMuir Road, Prayagraj52 BHK
Parivartan Housing SchemeThornhill Road, Prayagraj42 BHK and 3 BHK
Agnipath Housing SchemeT.B. Sapru Road, Civil Lines, Prayagraj23 BHK
Total 11 

The five flats at Juhi Housing Scheme have built-up areas ranging from approximately 107 to 108 square metres. The four flats at Parivartan Housing Scheme range from approximately 106 to 139 square metres, while the two flats at Agnipath Housing Scheme have built-up areas of approximately 96 and 112 square metres.

These properties present an opportunity for prospective homebuyers seeking residential accommodation in established neighbourhoods of Prayagraj, as well as investors exploring long-term residential property ownership.

Important Dates and E-Auction Schedule

NLMC has announced the following schedule for the e-auction process:

ParticularsDate and Time
RFP Release5 November 2026
Pre-Bid Meeting20 November 2026 at 11:00 AM
Last Date for Registration and Earnest Money Deposit (EMD) Submission7 December 2026 by 5:00 PM
E-Auction11 December 2026, 11:00 AM to 5:00 PM

A Pre-Bid Meeting will be held on 20 November 2026 at 11:00 AM to provide prospective bidders an opportunity to seek clarifications regarding the auction process, eligibility conditions, documentation requirements, payment procedures and other relevant provisions of the RFP.

Interested bidders are encouraged to participate in the pre-bid process and complete the necessary registration and EMD submission formalities within the prescribed timelines.

Registration and Participation

The e-auction will be conducted through a digital auction platform, enabling eligible participants to submit competitive bids in accordance with the terms and conditions specified in the RFP.

Prospective bidders, homebuyers and investors are invited to explore the residential properties and participate in the forthcoming e-auction.

The RFP, detailed property particulars, eligibility requirements, EMD provisions, bidding procedures and other terms and conditions may be accessed through the designated e-auction portal.

E-Auction Portal: https://eauction.enivida.com

Last Date for Registration and EMD Submission: 7 December 2026, 5:00 PM

E-Auction Date: 11 December 2026, 11:00 AM to 5:00 PM

Interested participants are advised to carefully review the RFP and complete all prescribed formalities before the stipulated deadline.