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Century Mill Redevelopment Clears Path for Workers’ Families’ New Homes

Century Mill Redevelopment Clears Path for Workers’ Families’ New Homes
20 years after Century Mill shut, workers’ families set to get new homes · indianexpress.com

Century Mill stopped working in 2006, but many former workers’ families still live in small, old homes in Worli.

The colony has 476 homes and 10 shops in 21 buildings.

The BMC now wants to rebuild the colony with modern towers.

About 500 new homes will be reserved for the families.

These homes will be larger, measuring 300 to 400 square feet.

A company called Peddar Realty will develop the project and pay the BMC Rs 1,351 crore.

The plan was delayed because of a long court fight over who controlled the land.

The Supreme Court ruled in January 2025 that the land did not have to be given to the mill company.

A Congress leader says the land could be worth much more than the amount the BMC will receive.

Key facts

Existing colony
476 tenements and 10 shops across 21 buildings
Existing home size
Around 180 square feet
Planned rehabilitation homes
Around 500 flats measuring 300 to 400 square feet
Developer
Peddar Realty, selected as the successful bidder in May this year
BMC payment
Rs 1,351 crore
Lease period
30 years, with a renewal clause
Land value cited by BMC
Around Rs 660 crore
Opposition valuation
Congress leader Ashraf Azmi estimated the land’s development potential at around Rs 13,000 crore

Quotes

A civic official

BMC official discussing the rehabilitation requirement and promised amenities.

“The primary clause of this project is that all the families of the erstwhile mill workers who have been living in these 476 housing tenements should get rehabilitated. The residents will get new houses accompanied with all modern civic amenities.”
indianexpress.com

Ashraf Azmi

Congress leader in the BMC who questioned the project’s valuation.

“BMC is giving away a Rs 13,000 crore development opportunity for just around Rs 1,300 crore. After fighting for seven decades to reclaim Century Mill land, the civic body should not now surrender its value. The existing families of mill workers must be rehabilitated first, and Mumbai’s prime land must benefit its people.”
indianexpress.com

Sources

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