Tag: textile mills

Bharat Mills sold at Rs. 1505 cr.

August 10, 2010 – 11:01 am

Friday evening was a landmark in Indian Real Estate market history since the biggest real estate deal took place. National Textile Corporation (NTC) sold Bharat Mills spread over eight acres at Worli for an extreme price of Rs. 1505cr, i.e. Rs. 188 cr. per acre. The top bidder was Indiabulls followed by Lodha who lost the […]

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Indiabulls flourishing after winning Bharat Mills bid

August 10, 2010 – 11:00 am

After winning the bid of NTC’s defunct Bharat Textile Mills in Worli, Mumbai, for Rs. 1505 cr, Indiabulls Real Estate shares have raised by over 3 %. Last Friday, the bid for Bharat Textile Mills closed and the winner was Indiabulls Infraestate which won by just Rs. 2 cr. On the Bombay Stock Exchange, the […]

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