# NLMC e-auction: Chennai flat at Rs 1.64 crore reserve price, register by 7 December URL: https://kasba.co.in/en/story/nlmc-e-auction-chennai-flat-at-rs-1-64-crore-reserve-price-r Language: en · Section: Money · Published: 2026-11-13 Last date: 2026-12-07 (Last date to register and deposit EMD) Source: PIB, "एनएलएमसी ने चेन्नई के किलपॉक में आवासीय फ्लैट की ई-नीलामी की घोषणा की; बोली-पूर्व बैठक पुनर्निर्धारित कर 28 नवंबर 2026 की गई", 2026-11-13, https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2335966 The National Land Monetisation Corporation (NLMC) has announced an e-auction of a residential flat in Kilpauk, Chennai, and a corrigendum dated 13 November 2026 has moved the pre-bid meeting to 28 November 2026. It is meant for people who want to buy or invest in a flat in Chennai; it does not directly affect ordinary readers. ## What this means for you This auction is for people looking to buy or invest in a residential flat in Chennai. Ordinary readers have nothing to do here. Those who want to take part must read the RFP and Corrigendum-1 and complete registration and pay the Rs 50,000 EMD by 7 December 2026. ## Key facts - Property: residential flat on Poonamallee High Road, Kilpauk, Chennai (Tamil Nadu) - Reserve price: Rs 1.64 crore - Earnest money deposit (EMD): Rs 50,000 - Last date to register and deposit EMD: 7 December 2026 - Pre-bid meeting now on 28 November 2026 at 11 am (earlier 20 November 2026) - RFP issued 5 November 2026; Corrigendum-1 issued 13 November 2026 The National Land Monetisation Corporation (NLMC), a fully government-owned company under the Department of Public Enterprises in the Finance Ministry, has announced an e-auction of a residential flat on Poonamallee High Road in Kilpauk, Chennai. The Request for Proposal (RFP) number NLMC/2026/01 was issued on 5 November 2026. ## What has changed NLMC issued Corrigendum-1 on 13 November 2026. Through it, the pre-bid meeting has been moved from 20 November 2026 to 28 November 2026 at 11 am. The corporation has made clear that all other terms and conditions of the RFP, including the remaining timelines, stay the same. ## Key details of the auction The property is in Kilpauk, Chennai, and its reserve price is Rs 1.64 crore. The earnest money deposit (EMD) is Rs 50,000. The last date to register and deposit the EMD is 7 December 2026. The e-auction will be held on the portal https://eauction.enivida.com. ## What the pre-bid meeting covers At this meeting, prospective bidders can get clarifications on the property, eligibility requirements, the registration process, the EMD, the bidding process and other provisions of the RFP. NLMC has said that interested buyers may also visit and inspect the property, subject to the arrangements and conditions set by the corporation, before taking part in the auction. ## Who this is for The auction is for people who want to buy or invest in a flat in one of Chennai's well-developed residential areas. It is part of an NLMC initiative to e-auction 12 residential flats located in Prayagraj (Uttar Pradesh) and Chennai (Tamil Nadu). It has no direct effect on ordinary readers. ## What to do next Those who wish to take part should read the RFP and Corrigendum-1 carefully and go through the property documents. Full details are available on NLMC's website https://nlmc.dpe.gov.in and the e-auction portal https://eauction.enivida.com. ## What is NLMC NLMC is a fully government-owned company under the Department of Public Enterprises in the Finance Ministry. It was set up to help put surplus and under-used land and building assets of central public sector enterprises and other government bodies to productive use through transparent e-auctions. ## Questions and answers **Where do I register for the NLMC e-auction?** On the e-auction portal https://eauction.enivida.com. You can also check NLMC's website https://nlmc.dpe.gov.in for details. **What is the last date to register and pay the EMD?** 7 December 2026. NLMC has said that the change in the pre-bid meeting date does not alter the other timelines in the RFP. **When is the pre-bid meeting?** On 28 November 2026 at 11 am. It was earlier fixed for 20 November 2026 and was changed by Corrigendum-1 dated 13 November 2026. **What is the reserve price of this flat?** Rs 1.64 crore. The earnest money deposit (EMD) is Rs 50,000. **Can anyone bid in this auction?** The eligibility conditions are given in the RFP. NLMC has advised interested bidders to study the RFP and Corrigendum-1 carefully. Kasba Desk, Kasba. This routine notice was drafted with AI from an official source and published automatically; an editor reviews it after publishing.