Part of Godrej group
Godrej Properties
Godrej Properties is expanding, with a development agreement for a 2.5-acre Marine Lines parcel in Mumbai carrying an estimated ₹6,000 crore (Financial Express, 28 Sept), after Q1 FY27 bookings rose 22% to ₹8,651 crore (ET Small Business, 9 Aug). Investors face a ₹70 crore settlement hit against a ₹39,000 crore FY27 bookings target (Mint, 11 Sept).
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Background
From 4 stories, the newest dated 28 Sept 2026. Summary written 2 Oct 2026.
Godrej Properties is a real-estate developer whose activity includes residential housing development in India.
Show 2 more paragraphs and 4 sources
Its project activity includes luxury housing: on September 28, 2026, it announced a Marine Lines, Mumbai project and entered a development agreement for a land parcel there. [1] source: Moneycontrol[2] source: Financial Express
On September 28, 2026, Godrej Properties entered a development agreement for a 2.5-acre parcel in Marine Lines, Mumbai, for a luxury housing project with estimated revenue potential of around ₹6,000 crore. [2] source: Financial Express Another account described the project as jointly branded and put its revenue potential at over ₹6,000 crore, while reporting that Godrej Properties secured development rights from Man Infraconstruction Limited (MICL) and Shreepati Group. [3] source: The Hindu BusinessLine The agreement also includes a revenue-sharing arrangement for MICL, which will recoup ₹300+ crore of investment, according to ET Realty. [4] source: ET Realty Moneycontrol likewise reported that Godrej Properties will develop the luxury project and gave its value as Rs 6,000 crore. [1] source: Moneycontrol
Sources
Stories that mention Godrej Properties
3 stories
Godrej Properties is named in these stories but is not their subject.