Godrej Properties Plans ₹6,000 Crore Luxury Project

Hindustan Times · business

Godrej Properties has acquired a 2.5-acre land parcel in Mumbai's Marine Lines for a luxury housing project. The development is expected to generate approximately ₹6,000 crore in revenue. Marine Lines is a sought-after area due to its limited land availability, heritage, and connectivity, especially with the Coastal Road. This move follows the company's successful premium projects in Worli and Mahalaxmi, indicating sustained demand for high-quality residences in South and Central Mumbai. The company sees strong potential in this prestigious location.