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AA MUMBAI: Jupiter Mills, the first of the National Textile Corporation (NTC) mills to go on the block, attracted bids above expectation on Thursday, with the highest tender of Rs 276 crore received from financial service company Indiabulls. The 11-acre plot at Elphinstone Road, including all existing buildings, got eight bids in all.

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The mills of Girangaon contributed significantly to the prosperity and growth of Mumbai. Girangaon covered an area of 600 acres (2.4 km2), not …

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As per the audit report for the year 2019-20, the NTC can recover a total amount of ₹2,233 crore, pending over the sale of land or mills …

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National Textile eyes Rs750 cr from Mumbai mill sale

New Delhi: Aiming to garner a minimum of Rs750 crore, state-run National Textile Corporation (NTC) on Monday said it will sell 8.38 acres of prime land in Mumbai, via e-auction.

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In June, the NTC's Mumbai Textile Mill was sold for a staggering Rs.702 crores to the Delhi-based DLF Group in one of the most expensive real estate deals in the country. Earlier in the year, the NTC sold its first property, Jupiter Mills, for Rs.276 crores. Subsequently, it sold Apollo Mills for Rs.180 crores.

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About NTCL. National Textile Corporation Limited, (NTC) is a schedule "A" public sector company under the ambit of Ministry of Textile, Government of India, engaged in production of yarn and fabric through its 23 mills in operation, located all over India with 8.2 lac spindles and 408 looms producing around 550 lac kgs of yarn and 200 lac meters of fabric per annum.

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The application should be accompanied with Block Plan to the scale 1'=40' ... Government had published list of buildings/ conservation areas, etc. for the preservation ..... 14) NOC from the MHADA / BHAD Board. ... status, the financial liabilities of the Mill, the number of workers opting for VRS,. Get Price.

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