Tag: Century Mills Lower Parel

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selected

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selected

September 14, 2026

Mumbai: The BMC has approved the 30-year lease of its Century Mills plot in Lower Parel to Peddar Realty for redevelopment. Peddar Realty emerged as the highest bidder with a ₹1,351-crore offer, while the lease includes a renewal clause. The 6.17-acre plot currently comprises 23 buildings, 476 tenements and 10 shops occupied by eligible mill-worker […]

Century Mills Redevelopment Gets BMC Approval; ₹1,351-Crore Bid Selectedmore