Mill and Mumbai have a history, once Mumbai was ruled by textile mills. But they shut down, and shifted out of Mumbai leaving lakh jobless and several homeless.

By Varun Singh

Mill workers if not all at least few were happy on Sunday. The reason being that a lottery of thousands of homes was carried out by MHADA.

The lottery comprised of a total of 3894 homes. These homes are located at Bombay Dyeing textile mill, Bombay Dyeing Spring Mill and Shrinivas mill. All of them located in Central Mumbai. MHADA even carried out a live telecast of the lottery for mill workers who are out of Mumbai.

The home prices have been fixed to be Rs 9.50 lakh and the chief minister of the state Uddhav Thackeray announced that, he had asked the officials to not let the rates be increased.

At the same time Uddhav even requested the mill workers and sought a promise from them to not sell these homes and instead use them for their own purpose.

Mills and Mumbai city have a long history, they once ruled the city of dreams. However, with time they stated shutting down, many pegged the cause to the incessant strike. However, there are few who even blamed the politics behind the textile mills and the changing demographics as the reason for these mills to shift from Mumbai.

Today where most of these mills stood stand tall buildings, there are many mills which have been converted in to malls. In many of these malls, there are people who work, who even worked when there stood a mill, though their jobs have changed.

Since 2010, when the process begun for giving the mill workers and their legal heir homes, lakh of them registered with MHADA.

Till now a total of 1,74,036 applications from mill workers and their legal heir was received by MHADA in three phases.

A total of 11,973 homes were allotted of which possession of 8,490 homes have been taken by mill workers, this excludes the Sunday figures.

In June 2013: 6,925 homes were allotted via a lottery.
In June 2016: 2634 homes were allotted via a lottery.
In December 2016: 2,634 homes were allotted via a lottery this even included homes under MMRDA’s rental housing scheme.

Also Read: Vast biggest influence for home buyers

Leave a Reply
You May Also Like

Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

The Maharashtra government has announced a revision in Ready Reckoner Rates (RRR) for 2025-26, leading to an average hike of 3.89% across the state. Mumbai sees a 3.4% increase, while Thane, Solapur, and other key cities experience sharper hikes. This revision is set to impact property valuations, stamp duty, and registration charges, potentially raising real estate costs for buyers and investors. Industry experts urge a gradual approach to balance market stability and affordability.

Realty Stocks Open Mixed as Investors Turn Selective

Indian real estate stocks opened on a mixed note as selective buying in large developers like DLF and Godrej Properties contrasted with weakness in broader realty counters. Investors are increasingly favouring financially strong developers while remaining cautious on high-beta property stocks.

🏠 Fewer Big Investors, More City-Focused Deals: What the Slowdown in Private Equity Means for India’s Real Estate Market

Private equity inflows into Indian real estate are down 15% in H1 FY26, but rising city-specific investments in MMR and Kolkata, coupled with a shift towards retail and commercial assets, are setting the stage for changing housing dynamics in key markets.

Action Against 20 Projects By MahaRERA In A Day.

Action was taken by MahaRERA against 20 projects in a single day.…