NTC has undertaken the redevelopment of the chawls as a first step, leading to anticipation that the remaining mill land will soon be sold in the open market
Of the 25 textile mills owned by the National Textile Corporation (NTC), the land of around nine in South and Central Mumbai is expected to be released for redevelopment in the near future. The nine mill lands measure approximately 150 acres, of which a very small portion—13.8 acres—is occupied by 11 chawls in which mill workers live.
https://www.hindustantimes.com/cities/mumbai-news/135-acres-ntc-mill-lands-could-open-up-for-development-101674846571342.html
Source: Hindustan Times