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After Jupiter Mills is hived off on 24 March the NTC plans to work out the sale of the developable land in the remaining four mills for which the permission for sale has already been received

Public Sector Undertakings Ministry of Textiles GoI

NTC is to modernize all its mills by itself through generation of funds from the sale of its surplus assets and 5 mills are put in Joint venture with corporates NTC has put up 3 Composite Textile Greenfield Units in Ahmedabad Gujarat Achalpur Maharashtra and one is an SEZ area of Hassan Karnataka

Mill Land Latest News Photos Videos on Mill Land NDTV COM

Sale of NTC mills legal SC of Dr Babasaheb Ambedkar near Chaityabhoomi in central Mumbai with the 12 acres of Indu Mill land being

DLF sells Mumbai land to Lodha for Rs 2 700 cr Indian

It plans to use part of the sale proceeds to pare its debt of about Rs 22 700 crore Lodha Developers has entered into a binding agreement to acquire DLF s wholly-owned subsidiary Jawala Real Estate which is the owner of the strategic 17-acre Mumbai textile mill property at Worli Lodha said in a statement

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Mumbai Update project news from Mumbai Page 57

The NTC pleaded to the apex court that around 18 of its 25 mills 32 are private and one under the state textile corporation are closed 15 000 employees are redundant and some Rs 650 crore has to be paid to workers

Mill workers in Mumbai will march against the NTC on March

Out of the total land belonging to the NTC mills in Mumbai ie around 266 acres they have given just 6 07 acres for mill workers housing An equal area has been given to the city making a total of less than 13 acres

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The Hindu Business Mumbai NTC mill land sold for Rs

`A ONE-OFF SALE A view of the 17 5 acre Mumbai Textile Mills property which was sold for over Rs 700 crore The mill was owned by National Textile Corporation and the buyer was Jawala Real

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Girangaon literally mill village was a name commonly used to refer to an area now part of central Mumbai India which at one time had almost 130 textile mills with the majority being cotton mills

Mumbai Mill Land Re-Development Accommodation Times

The NTC mills and other privately owned mills occupy nearly 600 acres of prime state land in central Mumbai traditionally called Girangaon Most of the land is already in varying phases of redevelopment assisted with investments made by several financial institutions and buyers

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