The Maharashtra Cabinet has given its approval to a INR 5,000 crore plan to construct housing complexes for around 80,000 workers left without homes after the closure of 58 textile mills in Mumbai in the 1980s. The government will provide INR 3,000 crore as subsidy while the BMC will contribute INR 1,500 crore. Most housing will be built in the Mumbai Metropolitan Region but those wanting homes elsewhere can also apply. The cabinet's decision was crucial to implement the long-pending plan to fulfill the government's promise of free housing for all displaced former mill workers.
0:00
0:00
In a bid to reach out to the workers from the 58 closed Mumbai textile mills, the Maharashtra Cabinet gave nod to construct housing complexes for them in the Mumbai Metropolitan Region (MMR). The Cabinet approval was necessary to implement the government�s ambitious plan to provide homes to textile mill workers which has been lingering on for many years.
It is estimated that the project will cost approximately INR 5000 crore. The state government has cleared the proposal to provide INR 3,000 crore to the housing department as a subsidy. The BMC will provide INR 1,500 crore, while a similar amount would be sourced from the Maharashtra Nivara Nidhi which comes under the jurisdiction of state housing department. The government will have to bear the burden towards 1/3 grant in the budgetary provision of INR 1,500 crore.
As per the eligibility criteria assessed by the state labour department nearly 80,000 houses will be required to be built for the textile workers in the MMR.
These mills shut down in the 1980s and when the govt allowed the redevelopment of mill lands, it had promised free housing to all mill workers. It is estimated that there were 1.5 lakh mill workers in these 58 mills. However, only a few thousand have been provided housing.
Most of the housing will be created in the Mumbai Metropolitan Region. For the last eight months, the government has sought applications from mill workers. The last date for submission of applications has now been extended to March 15. So far, it has received 1.06 lakh applications of which 87,651 have found to be eligible for free housing.
The cabinet approved the proposal which offered three options for the construction of the housing complexes. These will be constructed on government land and private landowners will be approached for a joint venture under the PM Awaas Yojana. The housing department will identify land, issue tenders to appoint builders while a high-powered committee headed by the chief secretary will finalise bids and negotiate with the builders. The project will be given the same sops as under the PM Awas Yojana.
This disclaimer ("Disclaimer") is applicable to the entire Site. Upon entering the Site it is recommended that you immediately read the Terms and Conditions and Privacy Policy listed therein. Your continued usage of this Site will indicate your unconditional acceptance of the said Terms and Conditions and Privacy Policy. You hereby agree that Prop News Time reserves the right to modify at any time, the Terms and Conditions and Privacy Policy governing this Site without prior notification. Your usage of the Site implies that you will be bound by any such modification. You agree and acknowledge that it is your responsibility to periodically visit the Site and stay updated with the Terms and Conditions and Privacy Policy of the Website.
The information contained in this Site has been provided by Prop News Time for information purposes only. This information does not constitute legal, professional or commercial advice. Communication, content and material within the Site may include photographs and conceptual representations of projects under development. All computer-generated images shown on the Site are only indicative of actual designs and are sourced from third party sites.
The information on this Site may contain certain technical inaccuracies and typographical errors. Any errors or omissions brought to the attention of Prop News Time will be corrected as soon as possible. The content of this Site is being constantly modified to meet the terms, stipulations and recommendations of the Real Estate Regulation Act, 2016 (“RERA”) and rules made thereunder and may vary from the content available as of date. All content may be updated from time to time and may at times be out of date. Prop News Time accepts no responsibility for keeping the information on this website up to date or any liability whatsoever for any failure to do so.
While every care has been taken to ensure that the content is useful, reliable and accurate, all content and information on the Site is provided on an "as is" and "as available" basis. Prop News Time does not accept any responsibility or liability with regard to the content, accuracy, legality and reliability of the information provided herein, or, for any loss or damage caused arising directly or indirectly in connection with reliance on the use of such information. No information given under this Site creates a warranty or expands the scope of any warranty that cannot be disclaimed under applicable law.
This Site provides links to other websites owned by third parties. Any reference or mention of third-party websites, projects or services is for purely informational purposes only. This information does not constitute either an endorsement or a recommendation. Prop News Time accepts no responsibility for the content, reliability and information provided on these third-party websites. Prop News Time will not be held liable for any personal information or data collected by these third parties or for any virus or destructive properties that may be present on these third-party sites.
Your use of the Site is solely at your own risk. You agree and acknowledge that you are solely responsible for any action you take based upon this content and that Prop News Time is not liable for the same. All details in the form of news stories, photos and videos provided on this Site are updated on the basis of information available from the respective developers/owners/promoters. All such information will not be construed as an advertisement. This Site is for guidance only. Your use of this Site – including any suggestions set out in the Site and or any use of the resources available on this Site, do not create any professional–client relationship between you and Prop News Time. Prop News Time cannot accept you as a client until certain formalities and requirements are met.
Cookie Disclaimer
We use cookies to give you the best possible service while using our website, please accept it and continue browsing if you're happy with this. For more information see our Privacy Policy