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RINL lands e-auction in Visakhapatnam fetches over ₹366 crore

Oct 14, 2026 •1 min read •2 views
RINL lands e-auction in Visakhapatnam fetches over ₹366 crore

The e-auction hosted by Rashtriya Ispat Nigam Limited in Visakhapatnam witnessed tremendous success as it kicked off. On the very first day, 150 out of 456 available plots were sold, far surpassing revenue forecasts. Bidders eagerly vied for properties, pushing prices higher than anticipated, showcasing a thriving interest in government land offerings previously earmarked for residential use.

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