The National Land Monetization Corporation Limited (NLMC) has recommended proposals involving assets worth more than ₹5,000 crore for monetisation as part of efforts to accelerate the utilisation of surplus land and building assets owned by Central Public Sector Enterprises and other government entities.
The proposals were considered at the 21st meeting of the NLMC Board of Directors, held on September 18, where the Board reviewed the progress of the Corporation’s ongoing asset monetisation programme, financial performance and institutional initiatives.
The Board reviewed NLMC’s efforts to facilitate the monetisation of surplus assets of Central Public Sector Enterprises and other government entities.
The Corporation has been working with asset-owning entities to identify suitable surplus assets, undertake due diligence, facilitate valuation and structure appropriate monetisation processes.
The Board emphasised the need to accelerate the monetisation process and strengthen coordination with stakeholder entities so that identified assets can move forward through transparent and efficient mechanisms.
The meeting also reviewed the pace of monetisation initiatives being undertaken across various asset-owning entities. Discussions focused on addressing implementation requirements and ensuring timely progress in the monetisation of surplus assets.
The Board also approved the Annual Financial Statements and Directors’ Report of NLMC for the financial year 2025-26.
The recommendation of proposals involving assets worth over ₹5,000 crore marks a significant step in NLMC’s engagement with the government’s broader asset monetisation programme.
Through the productive use of surplus land and buildings, NLMC aims to unlock value from underutilised public assets while supporting asset-owning entities in pursuing commercially appropriate and transparent monetisation opportunities.
The Corporation said it will continue to work with concerned Ministries, Departments, Central Public Sector Enterprises and other government entities to identify and facilitate the monetisation of surplus assets.
