Godrej Subsidiary Acquires Luxurious Duplex in Worli Sea Face for Rs 225.75 Crore
Shaula Real Estates Private Limited, a subsidiary of Godrej Industries, has made a significant real estate investment by purchasing a luxurious duplex apartment in Worli Sea Face, Mumbai, for Rs 225.75 crore. The property, part of the Naman Xana project, boasts a carpet area of 9,214 sq. ft. and six car parking spaces.
Worli Sea FaceGodrej IndustriesShaula Real EstatesLuxury Real EstateMumbai Real EstateReal EstateJun 09, 2025
The apartment has been sold at a rate of Rs 2.45 lakh per square foot on the carpet area (9,214 sq. ft.), which market observers said is currently one of the highest across all residential real markets in India. Market observers also noted that the property is bought by Tanya Dubash, daughter of Godrej Industries chairman Adi Godrej, through Shaula Real Estates Private Limited.
Worli is positioned between major commercial zones such as Lower Parel, Nariman Point, and Bandra-Kurla Complex (BKC) in Mumbai. Worli Sea Face is a prominent sea-facing area of the neighborhood and is often referred to as India’s Billionaire’s Row, home to India’s top billionaires, business tycoons, and celebrities such as Ajay Piramal, Hemendra Kothari, Shreegopal Kabra, Uday Kotak, Leena Gandhi Tewari, among others. Worli Sea Face has always been a coveted address, renowned for its unparalleled sea views, expansive open skyline, and proximity to the racecourse. This combination has consistently cemented its status as a premium location.
Documents showed that the transaction was registered in May 2025. The deal incurred a stamp duty of Rs 13.55 crore and registration charges of Rs 30,000. According to documents, the transaction was a primary sale, and the apartment was purchased from Naman Residency Private Limited and Karp Estate Private Limited. The purchased property is part of Naman Xana, an under-construction luxury residential project by Shree Naman Group. As per RERA, the project is spread over 0.64 acres and is scheduled for completion by 2027. The 40-storied development has been positioned in the ultra-luxury space, with the presence of the Arabian Sea being now complemented by better connectivity through the Coastal Road.
The duplex unit has a carpet area of 9,214 sq. ft. (856 square metre) and a balcony of 1,227 sq. ft. (114 sqm). The total built-up area of the apartment is 11,485 sq. ft. (1,067 sqm). The apartment comes with six car parking spaces. Godrej Industries declined to comment on the development. There was no immediate response available from the seller on the developments. The story will be updated once the response is received.
Market observers said that infrastructure projects like the Mumbai Coastal Road and the metro network expansion are expected to improve accessibility and support long-term demand in Worli. Its location, upcoming infrastructure, and availability of premium sea-view residences continue to reinforce Worli’s position as a high-value real estate micro-market.
Big ticket deals in the area have been on the rise. In May 2025, Pharmaceuticals firm USV's chairperson, Leena Gandhi Tewari, has purchased two duplex apartments at the sea-facing Naman Xana development, located at Worli Sea Face, for Rs 639 crore. It became the most expensive property deal of Mumbai in 2025. Between May 2024 and January 2025, Billionaire Uday Kotak and his family had bought 12 luxury apartments for Rs 202 crore in Worli Sea Face. In May 2024, Bollywood actor Shahid Kapoor and his wife Mira Kapoor had purchased a luxury apartment at Oberoi Three Sixty West project in Worli Sea Face for Rs 58.6 crore.
Frequently Asked Questions
What is the cost of the duplex apartment purchased by Shaula Real Estates?
The duplex apartment was purchased for Rs 225.75 crore.
Who is the buyer of the luxury duplex in Worli Sea Face?
The property is bought by Tanya Dubash, daughter of Godrej Industries chairman Adi Godrej, through Shaula Real Estates Private Limited.
What is the carpet area of the purchased duplex?
The carpet area of the duplex is 9,214 sq. ft. (856 square metre).
What are the key features of the Naman Xana project?
Naman Xana is a 40-storied luxury residential project by Shree Naman Group, spread over 0.64 acres and scheduled for completion by 2027. It includes features like sea views and improved connectivity through the Coastal Road.
What other major property deals have been made in Worli Sea Face recently?
In May 2025, Leena Gandhi Tewari purchased two duplex apartments for Rs 639 crore, and in May 2024, Shahid Kapoor and Mira Kapoor bought a luxury apartment for Rs 58.6 crore.
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