28-Sept-2026 07:00:56
GODREJ PROPERTIES : SIGNS JDA FOR MARINE LINES PROJECT WORTH OVER RS 6,000 CR
• Godrej Properties Ltd. enters into development agreement for a prime land parcel of approximately 2.5 acres in Marine Lines, South Mumbai. • The proposed project is planned as a luxury housing development with an estimated overall revenue potential of ~INR 6,000 crore. • Marine Lines is characterized by limited land availability and a strategic location along Mumbai's iconic coastline. • The encouraging response to previous Godrej Properties' developments in South and Central Mumbai underscores sustained interest in high-quality luxury residences. • "Marine Lines is one of the city's most prestigious addresses, and we are delighted to add this landmark opportunity to our portfolio," said Gaurav Pandey, MD & CEO.
Godrej Properties Limited
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