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The National Land Monetisation Corporation has invited bids for the e-auction of 11 government-owned flats in three Prayagraj housing schemes, with a pre-bid meeting on 20 November 2026 and the e-auction on 11 December 2026.
Why in news
- On 10 November 2026, PIB reported that the National Land Monetisation Corporation (NLMC) announced a Request for Proposal (RFP) for the e-auction of 11 government-owned residential flats in Prayagraj, Uttar Pradesh.
- The RFP was issued on 5 November 2026 and invites home buyers, individual investors and other eligible bidders to an online competitive auction.
- The pre-bid meeting is on 20 November 2026 and the e-auction is on 11 December 2026.
Fact table
| What | Detail |
|---|---|
| Who | National Land Monetisation Corporation (NLMC) |
| Under which ministry | Department of Public Enterprises, Ministry of Finance |
| What | E-auction of 11 newly built government flats |
| Where | Prayagraj, Uttar Pradesh |
| RFP issued | 5 November 2026 |
| Pre-bid meeting | 20 November 2026, 11:00 am |
| Registration and EMD deadline | 7 December 2026, 5:00 pm |
| E-auction | 11 December 2026, 11:00 am to 5:00 pm |
| Housing scheme | Location | Flats | Type |
|---|---|---|---|
| Juhi Awas Yojana | Muir Road | 5 | 2 BHK |
| Parivartan Awas Yojana | Thornhill Road | 4 | 2 BHK and 3 BHK |
| Agnipath Awas Yojana | TB Sapru Road, Civil Lines | 2 | 3 BHK |
The built-up area is about 107 to 108 square metres for the Juhi flats, about 106 to 139 square metres for the Parivartan flats, and about 96 and 112 square metres for the two Agnipath flats.
Static link-back
- Asset monetisation means earning value from surplus or under-used public assets instead of leaving them idle.
- NLMC works on surplus land and building assets of central public sector enterprises and other government bodies.
- An e-auction is a competitive online bidding process, and the Earnest Money Deposit (EMD) shows a bidder's serious intent.
- A pre-bid meeting lets bidders clear doubts about eligibility, documents and payment before they bid.
Uttar Pradesh angle
The flats lie in Prayagraj, a district and divisional headquarters of Uttar Pradesh, in three developed residential areas: Muir Road, Thornhill Road and Civil Lines. For GS-V, this is an example of a central asset-monetisation step taking place inside the state. The sources do not mention any state department or state scheme in this auction, so the link to Uttar Pradesh is the location only.
Likely confusions
- NLMC is not a state body: it is a Government of India company under the Ministry of Finance, not an Uttar Pradesh agency.
- An RFP is not the auction: the RFP is the invitation, and the e-auction is a later step on 11 December 2026.
- The pre-bid meeting is not the bidding day: it only clarifies terms, and bidding happens on the e-auction day.
- The flats are not being sold to the public through a state housing board: NLMC runs the sale on an online portal.
Key Terms
- National Land Monetisation Corporation (NLMC)
- A wholly owned Government of India company that helps monetise surplus public land and buildings.
- Request for Proposal (RFP)
- A formal document that invites bids on stated terms.
- E-auction
- An auction run on an online platform.
- Earnest Money Deposit (EMD)
- An amount deposited by a bidder to show serious intent.
- Asset monetisation
- Earning value from idle or under-used public assets.
UPPSC syllabus: GS-III, GS-V
FAQs
When is the e-auction?
11 December 2026, from 11:00 am to 5:00 pm.
How many flats are on offer?
Eleven flats in three Prayagraj housing schemes.
Sources: PIB: NLMC issues RFP for e-auction of 11 government residential flats in Prayagraj
Last verified: 2026-11-11
