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Godrej Properties to develop land parcel in Mumbai

05 Apr 2025 Evaluate

Godrej Properties has entered into an agreement for development of a prime land parcel in Versova, Mumbai. This project is estimated to have a developable potential of around 4.4 lakh square feet of saleable area, comprising primarily of premium residential development of various configurations, with an estimated revenue potential of around Rs 1,350 crore.

Versova remains a highly desirable location in the Western suburbs, offering good connectivity via the Versova Metro, Western Express Highway, and Link Road. The proposed 'Bandra-Versova Sealink' (BVSL) will further enhance connectivity to Bandra and South Mumbai. Its robust social infrastructure includes top schools, hospitals, and entertainment hubs. Proximity to business districts and ongoing infrastructure development further enhance the area’s appeal for homebuyers.

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1436.10
Dilip Buildcon 405.95
DLF 626.10
Oberoi Realty 1711.20
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