Godrej Properties Soars 2% After MahaRERA Approval for Worli Project Phase 1
Godrej Properties Ltd shares rose 2% after the company secured MahaRERA approval for Phase 1 of its Godrej Trilogy project in Worli, Mumbai. The project, part of a joint redevelopment of a 2.63-acre land parcel, is expected to generate over Rs 10,000 crore in revenue.
Godrej PropertiesMahareraWorli ProjectReal EstateGodrej TrilogyReal Estate MaharashtraOct 27, 2025
The Worli project is part of a joint redevelopment of a prime 2.63-acre land parcel. It will include three towers, Godrej Properties said. The entire project has an estimated revenue potential of over Rs 10,000 crore, according to its exchange filing.
The company has received MahaRERA approval for two of the three towers — Seaturf and Seafront. These make up Phase 1, covering about 11 lakh square feet of saleable area. Phase 1 is set to launch this quarter.
Located on Annie Besant Road, the project offers views of the Mahalakshmi Racecourse and the Arabian Sea. The residences will include spacious homes with private decks and premium amenities.
MD and CEO Gaurav Pandey said the RERA approval is a key milestone. He noted that the location combines scale, connectivity, and visibility.
At 11:09 AM, shares of Godrej Properties were trading 2.25% higher at Rs 2,339.30 on NSE.
Frequently Asked Questions
What is the estimated revenue potential of the Godrej Trilogy project in Worli?
The Godrej Trilogy project in Worli, Mumbai, has an estimated revenue potential of over Rs 10,000 crore.
How many towers are part of the Godrej Trilogy project in Worli?
The Godrej Trilogy project in Worli consists of three towers.
What is the total saleable area covered by Phase 1 of the Godrej Trilogy project?
Phase 1 of the Godrej Trilogy project covers about 11 lakh square feet of saleable area.
What views do the residences in the Godrej Trilogy project offer?
The residences in the Godrej Trilogy project offer views of the Mahalakshmi Racecourse and the Arabian Sea.
How much did Godrej Properties shares rise after receiving MahaRERA approval?
Godrej Properties shares rose 2% to touch a day’s high of Rs 2,339 after receiving MahaRERA approval.
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