Godrej Properties has secured the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for its upcoming residential development, Godrej Trilogy, located in Worli, Mumbai. This is part of a joint development to redevelop a prime land parcel in one of the city’s most coveted neighbourhoods. The development will comprise of three towers to be developed on around 2.63-acre plot. The gross estimated revenue potential of the total project is over Rs 10,000 crore.
Currently, RERA approval has been obtained for two of the three proposed towers, comprising around 11 lakh square feet of saleable area in Phase 1. With approvals now in place, the first phase featuring towers named Seaturf and Seafront, will be launched in the current quarter, and is expected to contribute meaningfully to the company’s residential portfolio in South Mumbai.
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.
