By Chetanya Sarraf
Sep 19, 2026, 12:45 PM
NLMC Recommends Assets Worth Over Rs 5,000 Crore

The National Land Monetization Corporation Limited (NLMC) has recommended monetisation proposals involving government assets valued at more than Rs 5,000 crore, according to a Ministry of Finance release issued on September 19, 2026. The proposals relate to surplus land and building assets held by Central Public Sector Enterprises (CPSEs) and other government entities.

The recommendation was made during the 21st meeting of the NLMC Board of Directors, held on September 18. The meeting reviewed the corporation’s ongoing asset monetisation programme, financial performance and institutional initiatives, while also discussing ways to speed up the process of bringing identified assets towards monetisation.

NLMC Board Reviews Assets Worth Over Rs 5,000 Crore

A major part of the board meeting was the consideration and recommendation of monetisation proposals covering assets valued at more than Rs 5,000 crore.

The assets include surplus land and buildings identified by government entities for potential monetisation. The Finance Ministry said the proposals are part of efforts to unlock value from public assets that are currently surplus or underutilised.

The recommendation does not mean that all the assets have already been sold or monetised. Instead, it represents a step in the process through which suitable government-owned assets are identified, assessed and taken forward through appropriate monetisation mechanisms.

Focus on Faster Asset Monetisation

The board also discussed the pace at which asset monetization activities are progressing.

According to the Finance Ministry, discussions focused on speeding up the process, dealing with implementation-related requirements and ensuring that identified assets move forward through transparent mechanisms. The board also stressed stronger coordination with the organisations that own the assets.

NLMC works with asset-owning entities to identify suitable properties, conduct due diligence, facilitate valuations and help structure the monetisation process. These steps are important because government land and buildings can differ considerably in terms of ownership, legal status, location, valuation and potential use.

What Is NLMC?

The National Land Monetization Corporation Limited is a wholly owned Government of India company under the administrative control of the Department of Public Enterprises (DPE), Ministry of Finance.

Its mandate includes facilitating the monetisation of surplus land and building assets belonging to CPSEs and other government entities. NLMC works with asset-owning organisations to identify and assess surplus properties and support their monetisation through appropriate mechanisms.

The corporation was set up as part of the government’s broader approach to dealing with surplus public assets. When NLMC was approved in 2022, the government said its role would include undertaking and facilitating the monetisation of surplus land and building assets of CPSEs and other government agencies.

How the Monetisation Process Works

Asset monetisation generally involves more than simply identifying a piece of government land or a building.

Before an asset can move forward, relevant agencies may need to establish ownership and conduct due diligence. Valuation is another important stage, as the potential value of an asset needs to be assessed before an appropriate monetisation structure can be considered.

NLMC’s work includes supporting asset-owning entities through these stages. The Finance Ministry said the corporation’s approach involves identification, assessment, due diligence, valuation and structuring of monetisation processes, with an emphasis on transparency and value realisation.

The exact route can vary depending on the nature of the asset and the organisation that owns it.

Why Surplus Government Assets Are Being Considered

Government organisations can hold land and buildings that are no longer required for their original purpose or remain underutilised. Asset monetisation provides a mechanism through which such properties can potentially be put to more productive use.

The Finance Ministry has described NLMC’s role as part of efforts to unlock value from surplus public assets. The corporation works with ministries, departments, CPSEs and other government entities to facilitate the identification and monetisation of these assets.

The latest proposals involving assets worth more than Rs 5,000 crore therefore form part of a wider process rather than representing a single transaction.

Board Approves Annual Financial Statements

Apart from reviewing the monetisation programme, the NLMC board also approved the corporation’s Annual Financial Statements and Directors’ Report for the financial year 2025-26.

The meeting also covered NLMC’s institutional and operational initiatives. According to the Finance Ministry, these discussions were aimed at strengthening the corporation’s capabilities and creating a more structured framework for asset monetisation.

Coordination With Government Entities Remains Important

One of the issues highlighted during the meeting was coordination between NLMC and the organisations that own the assets.

Surplus properties are spread across different government entities, which means their identification and monetisation can involve multiple stakeholders. The board emphasised the need to maintain momentum and strengthen coordination so that identified assets can move through the required processes in a timely manner.

This coordination can also help address issues related to documentation, valuation, due diligence and the selection of suitable monetisation mechanisms.

What Happens Next?

NLMC is expected to continue working with ministries, departments, CPSEs and other government organisations to identify and assess surplus assets.

The Finance Ministry said the corporation would continue facilitating the monetisation of surplus land and buildings through appropriate and transparent mechanisms.

For the assets covered by the latest recommendation, the next stages will depend on the relevant asset-owning entities and the processes applicable to individual properties. The Rs 5,000-crore-plus figure refers to the value of assets covered by the recommended proposals, rather than money already received by the government.

Key Details

Detail	Information
Organisation	National Land Monetization Corporation Limited
Proposals	Assets worth over Rs 5,000 crore
Asset types	Surplus land and buildings
Board meeting	21st NLMC Board Meeting
Meeting date	September 18, 2026
Announcement	September 19, 2026
Administrative control	Department of Public Enterprises, Ministry of Finance
Entities involved	CPSEs and other government organisations

The latest NLMC board meeting highlights the continued focus on identifying and monetising surplus public assets. The recommendation covering assets worth more than Rs 5,000 crore is now part of the wider process of assessment, valuation, coordination and execution required before individual assets can be monetised. The proposals also support more efficient use of public assets.”

Source: Ministry of Finance / PIB; ANI

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By Chetanya Sarraf Sep 19, 2026, 12:45 PMNLMC Recommends Assets Worth Over Rs 5,000 Crore