Financial and realty major Indiabulls Infratech today emerged as the auction winner of 2.39 acres of prime land belonging to NTC at Worli in Mumbai. It bagged the auction for 474 crore rupees against the reserve price of 250 crores. Indiabulls won the bid through an electronic auction conducted by National Textiles Corporation for sale of land vacated by its closed Poddar Mills. NTC Chairman K Ramachandran Pillai said after three days of intense bidding, Indiabulls won the bid.
News On AIR | July 31, 2010 9:03 PM
Indiabulls wins prime land at Worli in Mumbai<br/>