The National Textile Corporation (NTC) on Friday gotthe highest amount so far forany of its mills in Mumbai as Indiabulls InfraEstate Limitedwonthebid forthe8.3acre Bharat Textile Mills in Worli for Rs 1,505 crore. The amount is double the reserve price of Rs 750 crore set by the NTC for the online auction,which ended after three days of [...]
Continue reading...Sunday, May 16, 2010
THE NTC IS SELLING TWO OF ITS MILLS PODAR PROCESSES AND BHARAT TEXTILES, IN JULY, FOR RS 250 CRORE AND RS 750 CRORE RESPECTIVELY The National Textile Corporation, one of the biggest landowners in the city, is set to release 10.5 acres of land for housing in Worli by selling two of its mills, Podar Processes [...]
Continue reading...Friday, July 3, 2009
MUMBAI: After two abortive attempts, National Textile Corporation (NTC) has again put its Finlay Mill land in Parel up for sale with one-third reduction in reserve price. NTC has reduced the reserve price of its 10.3 acres in central Mumbai from Rs 1,065 crore to Rs 708 crore, and is expecting bids from prominent real estate [...]
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Saturday, August 7, 2010
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