Godrej Properties, a prominent name in India's real estate sector, is set to make a significant impact in Mumbai's upscale Versova locality with its upcoming luxury residential project. This development marks the company's inaugural venture in Versova, aligning with its strategic focus on high-demand micro-markets across Mumbai.
The Godrej Versova project is planned on a prime
~3-acre land parcel in Andheri West's Versova area. The development will ring
approximately 4.4 lakh square feet of saleable area, primarily dedicated to
premium residential units. The project is expected to generate an estimated
revenue of ₹1,350 crore, reflecting this region's strong demand for luxury
residences.
Godrej Versova Andheri West is renowned for its
vibrant lifestyle and excellent connectivity. The location offers seamless
access via the Versova Metro Station, Western Express Highway, and Link Road.
The upcoming Bandra-Versova Sea Link (BVSL), a 17.17 km bridge expected to be
operational by August 2027, will further enhance connectivity to Bandra and
South Mumbai, reducing congestion and improving commute times.
Godrej Versova Andheri West Mumbai, while specific
details are yet to be officially announced, the project is anticipated to offer
a range of luxury apartments. These residences will likely feature spacious
layouts, high ceilings, elegant interiors, and panoramic views of the Arabian
Sea and city skyline. The development is expected to include modern amenities
such as landscaped gardens, a clubhouse, smart home automation, and advanced
security systems, catering to the needs of discerning urban dwellers.
The acquisition of the Versova land parcel is part of
Godrej Properties' broader strategy to strengthen its presence in Mumbai's real
estate market. In the fiscal year 2024-25, the company expanded its land bank
by acquiring 14 land parcels across major Indian cities, including the Mumbai
Metropolitan Region, with a combined development potential estimated at
approximately ₹26,500 crore. As the project progresses, further details
regarding pricing, floor plans, and possession timelines are expected to be announced,
offering prospective buyers an opportunity to invest in a landmark development
in Andheri West.
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