EconomyNEWS & CONTEXT

RINL land auction scheduled today; next registration deadline is 14 October

The published timetable covers 459 plots in two rounds. Registration for today’s round has closed; the second auction is scheduled for 16 October.

The first round of an auction of RINL land in Visakhapatnam is scheduled for 12 October, from 11am to 7pm, according to the National Land Monetization Corporation’s notice issued on 7 October. It covers 243 plots; this report does not confirm bidding results.

A second round, covering 216 plots, is scheduled for 16 October during the same hours. Registration and earnest-money submission for that round close at 5pm on 14 October. The deposit specified is ₹2 lakh per plot.

Across both rounds, the 459 parcels total 93,572.21 square yards. Locations include HB Colony, Maddilapalem and Auto Nagar, Gajuwaka.

The process uses RailTel’s E-Nivida platform. Registration for today’s round closed on 8 October, so the published auction date should not be mistaken for a new application window. Prospective bidders should consult the official portal’s plot documents, eligibility rules and conditions before making commitments.