Bsnl/mtnl Land Monetization: Psu Asset Transfer To Government

MTNL/BSNL/ITI will certainly be appraisal firms for the value of as much as Rs 10 crore, CPWD for values in between Rs 10 crore and Rs 100 crore. Where the value goes beyond Rs 100 crore, the National Land Monetisation Company will be the assessment company.

Land Transfer Structure

A high-level board has developed a structure for transferring surplus land and structures from telecommunications PSUs like BSNL, MTNL, and ITI to main federal government companies without public auctions. Central federal government entities have 90 days to reveal interest with a deposit. After this period, the PSUs can sell the residential or commercial properties to non-government customers at market price established by specified appraisal companies.

“According to Government plan, surplus land/building assets of PSUs of DoT are being monetised … In a current meeting of Committee of Secretaries chaired by Cupboard Assistant on June 12, 2025, it was decided that BSNL/MTNL/ITI might transfer their immovable possessions to Central Government/Central Government organisations without public auction,” Telecom Secretary Neeraj Mittal claimed in a note flowed to secretaries of different ministries and divisions.

Government’s Right of First Refusal

Central federal government organisations will take pleasure in the right of initial rejection, yet after 90 days of notification, Bharat Sanchar Nigam, Mahanagar Telephone Nigam and ITI will certainly be free to dispose of the residential or commercial property to any other non-government buyer.

The proposal was gotten rid of at a meeting of Committee of Secretaries in June, which additionally determined that any central government organisation crazy about getting any type of such home would be required to send their passion, in addition to stated authorizations and a down payment (2 percent down payment deposit) of the indicative value to register their claim.