NTC owns around 1,300 acres of surplus land in Mumbai, Karnataka, Indore and Coimbatore. Maran said the e- auction would bring transparency into the process of the sale of NTC land. The process of e- auctioning will be conducted by e- Procurement Technologies Ltd, Ahmedabad, on behalf of NTC.
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Mill Land: Latest News, Photos, Videos on Mill Land - …
2017-03-25· Sale of NTC mills legal: SC Mar 7, 2006 'Mill Land' - 9 News Result(s) Indu Mill Land Transferred To Maharashtra Government For Ambedkar Memorial. Mumbai News | Press Trust of India | …
From sick mills to textile retail hubs | india | Hindustan ...
Mumbai's mill lands have given the Centre a way to boost the struggling textiles sector. The National Textile Corporation (NTC) is locking up joint ventures with large private corporations to ...
Finlay Mills Unit of NTC Limited in Mumbai - Grotal.com
Heading: Finlay Mills Unit of NTC Limited, City: Mumbai, Results: Finlay Mills Unit of NTC Limited Parel, Involvements: Mills NTC Mills Fancy Dress Material Exporters near …
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NTC begins e-auction of plots in Ahmedabad, Bhavnagar ...
2010-12-29· The three-day e-auction by the public sector National Textile Corporation (NTC) to sell off the plots of two of its closed mills at Ahmedabad and Bhavnagar in Gujarat got off to a start today.
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The redevelopment of Mumbai's cotton mills began in 1992, when efforts began to demolish the numerous cotton mills that once dotted the landscape of Mumbai, India, to make way for new residential and commercial buildings, as part of the wider modernization of Mumbai.
Debt free & cash rich, NTC mulls listing now
State-run National Textile Corporation (NTC), which heralded the real estate boom in the country in 2005 with the sale of a slice of its surplus land in Mumbai and used the windfall proceeds from ...
NTCL :: National Textile Corporation Limited (NTC)
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 ...
Mumbai Real Estate: Chaos or Control (a Westerner's …
2011-02-26· The NTC is auctioning mill land across Mumbai and other major cities like Indore and Bangalor to downsize on unviable mills. This opens up plots …
Sale of mill land in Mumbai under CBI lens | India News ...
The agency registered a preliminary enquiry on the basis of information that officials of textiles ministry and NTC conspired with the then owner of Madhusudan Mills in Worli.
NTC's surplus land sale - The Hindu
National Textile Corporation has got another Rs. 1,505 crore from the sale of an 8.39 acre plot under its now closed Bharat Textile Mills at Worli in Mumbai.
NTCL :: National Textile Corporation Limited (NTC)
SL No. NTC Mills: State: Region: Head/Incharge: Unit Head Designation: Unit Address: Unit Phone No: Unit Fax No. Unit Head Mobile No. Unit Head Email Id: 1: Alagappa Textile Mills
Mumbai Mill Auction May Push Up Real Estate
The NTC's proposed auction of four mills in Worli and Parel could raise real estate prices in central Mumbai because developers are expected to bid 'higher than-market' rate for the around 40 acres of prime land, freeing it for private developers in this 'land-starved' metropolis.
NTC resurrects 3 Mumbai mills | Business Standard News
Though some NTC properties have been sold, a Mumbai-based analyst said the development is quite significant, that NTC preferred to modernise and run these mills than opt for closure to reap a windfall through the sale of land. Property prices have picked up in recent months and in central Mumbai, the going rate is in the region of Rs 20,000 per sq ft.
State-owned National Textile Corporation is scripting a ...
its control, 25 of them in Mumbai. NTC initially faced an uphill task, but in 2002 the public sector company ... the mills. NTC will have a majority stake . 39 teXtiles of 51 per cent in the joint venture model. The corporation has signed memoranda of understanding (MoUs) with strategic partners, who will invest funds to revive the mills. NTC's modernisation effort also involves the setting ...
NTC's floor space auction kicks off with three bidders ...
The NTC has a total FSI reserve of 4.94 lakh sq ft which it received in exchange of over 34,575 sq m of two mill plots handed over to the BMC. It also has around four lakh sq ft of TDR received after over 33,000 sq m of land was given to the Maharashtra Housing and Area Development Authority.
NTC turning around, aided by land sale, slimming plan ...
NTC turning around, aided by land sale, slimming plan In challenging times, one does not expect bad to come good. But that is exactly what public sector firm National Textile Corporation is aiming ...
Recession Exits: Heydays of Mumbai Real Estate Begins - …
Similarly, even though NTC's attempt to sell its Finlay Mill in Mumbai to the Lodha group last year is yet to materialize, it is planning to sell few more defunct Mumbai mills to the leading developers.
SC clears Mumbai mill land sale - rediff.com
Home > Money > Pix SC clears Mumbai mill land sale March 07, 2006. The Supreme Court on Tuesday held that the sale of surplus lands by National Textile Corporation was legal.
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