Real Estate Mumbai

Godrej to develop ₹6,000 cr luxury project in Marine Lines

2026-09-28 · GeoSquare News Scraper

Godrej Properties will jointly develop a 2.5-acre luxury housing project at Marine Lines in South Mumbai. The project is estimated to have a revenue potential of ₹6,000 crore, making it a significant addition to the city’s premium residential pipeline.

Prime South Mumbai location

Marine Lines is an established premium micro-market with limited new land supply. A luxury project of this scale in the area is expected to draw high-net-worth buyers and long-term investors looking for scarce South Mumbai addresses.

What it means for buyers

New ultra-luxury supply in South Mumbai can widen choice for buyers seeking large-format homes, sea-facing locations and branded developments. Pricing is likely to remain at the upper end of the Mumbai market, given the location and project positioning.

Investors should track launch timelines, unit configurations and pricing once formal details are announced. The joint development route also helps share capital and execution risks in a high-value project.