Hemisphere properties India Limited has announced the issuance of a Request for Proposal (RFP) for the sale of a land parcel through e-auction, marking a significant asset monetization initiative by the government enterprise.

RFP Details and Location

The company issued the RFP on 18.02.2026 for the sale of a land parcel situated at Bopkhel, Pune, Maharashtra. The sale will be conducted through an e-auction process, providing transparency and competitive bidding for the property.

Document Availability and Access

Interested parties can access the RFP document through multiple channels. The document is available on the company's official website at www.hpil.co.in and on the dedicated e-auction portal at https://hpil.enivida.com . This dual availability ensures easy access for potential bidders and maintains transparency in the process.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled its obligation to inform stakeholders about material events that could impact investor decisions. The announcement was signed by Lubna, Company Secretary & Compliance Officer, ensuring proper authorization and compliance procedures.

Company Information

Hemisphere Properties India Limited operates as a Government of India Enterprise with its registered office located in New Delhi. The company is listed on both BSE Limited (Script Code: 543242) and National Stock Exchange of India Limited (Symbol: HEMIPROP), providing investors with multiple trading platforms.

The Delhi High Court has disposed of two legal cases involving Tata Communications and DLF regarding a land dispute in Greater Kailash. This development represents a significant milestone in the ongoing legal proceedings that have been under judicial consideration.

Case Details and Parties Involved

The legal cases involve major corporate entities Tata Communications and DLF, both prominent players in their respective sectors. The dispute centers around land in Greater Kailash, a prime location in Delhi known for its commercial and residential significance.

Court Proceedings and Timeline

The Delhi High Court's decision to dispose of the two cases indicates that the preliminary legal proceedings have been completed. The court has established a clear timeline for resolution by scheduling the final ruling for January 23, 2026.

Significance of the Development

The disposal of these cases by the Delhi High Court represents an important procedural step in the legal process. With the final ruling scheduled for early 2026, all parties involved now have a definitive timeline for the resolution of this land dispute. The outcome of this case may have implications for property rights and commercial interests in the Greater Kailash area.