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Update: Indiabulls Infratech Wins NTC's Bharat Mill Land Bid

By : Jarna Gandhi | 7 August 2010
Industry : Real Estate
Category : Real Assets

Indiabulls Infratech Limited has won the bid for the National Textile Corporation Bharat Mill Land in Central Mumbai for Rs 1,505 Cr.

The company beat its closest rival- the Lodha Group- by Rs 2 Cr.

Earlier this week, Indiabulls Infraestate bagged NTC’s 2.3 acre Poddar Mill land in Mumbai for Rs 474 Cr. The reserve price was Rs 250 Cr.

Transaction Reference: BS

Also See: National Textile Corporation Selling Its Bharat Textile Mills Through E-Auction

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1 August 19, 2010
08:52 PM
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