Failure Textile Tycoon, Nusli Wadia is hoping to encash on the landbank which his sick textile mills own in Worli and Wadala regions of Mumbai.
The company has signed orders worth Rs 2,000 crore with Larsen & Toubro's construction division for developments at the textile mills & spring mills complexes at Worli and Wadala regions of Mumbai respectively.
The turnkey construction project involves construction of mixed-use developments of approximately 4.00 million sq.ft at the Textile Mills at Worli and 5.00 million sq.ft at the spring mills development at Wadala to be completed in the next 46 months by the end of December 2011.
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