ITI Limited has announced an e-auction for a substantial land parcel located in Krishnarajapuram, Bengaluru, Karnataka. The total land extent is 44.03 acres, with a reserve price set at approximately ₹1685.40 Crores. The auction is being conducted by National Land Monetization Corporation (NLMC) on behalf of ITI Limited. Detailed information regarding the auction is available on the ITI official website.
Land Parcel E-Auction Initiated
ITI Limited is proceeding with the e-auction of a significant land parcel situated in Krishnarajapuram, Bengaluru, Karnataka. This initiative is part of the company’s asset monetization strategy. The total land area available for auction amounts to 44.03 acres.
Auction Details and Reserve Price
The e-auction is being organized by the National Land Monetization Corporation (NLMC) acting on behalf of ITI Limited. The land has been put up for auction with a reserve price of ₹1685.40 Crores. Interested parties can find comprehensive details and participation guidelines on the official ITI Limited website under the ‘Tender’ section.
Information for Stakeholders
This announcement is made for the information and records of all relevant stakeholders. The company’s official website provides the necessary link to access further details concerning this land parcel auction.
Source: BSE
