Real Estate Developer-Godrej Properties Receives RERA Approval for Phase 1 of Godrej Trilogy in Worli, Mumbai
DSIJ Intelligence-1 / 27 Oct 2025/ Categories: Mindshare, Trending
The company has a market cap of over Rs 70,000 crore and the stock is up by 26 per cent from its 52-week low of Rs 1,869.50 per share.
Godrej Properties Ltd. (GPL) has secured the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase 1 of its premium residential development, Godrej Trilogy, in Worli, Mumbai. This project is a joint development aimed at redeveloping a prime 2.63-acre land parcel in one of the city's most coveted and strategically located neighborhoods’, just off Dr Annie Besant Road. The entire development is planned to comprise three towers and is estimated to have a gross revenue potential in excess of Rs 10,000 crore, solidifying its position as a significant venture in the South Mumbai real estate market.
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The initial RERA approval covers the first phase, which includes two of the three proposed towers, aptly named Seaturf and Seafront. This phase encompasses approximately 11 lakh square feet of saleable area. With the necessary approvals now secured, this first phase is scheduled for launch in the current quarter and is anticipated to contribute significantly to GPL's residential sales portfolio in South Mumbai. Designed for an exclusive lifestyle, the residences will offer spacious homes featuring large private decks, and residents will benefit from thoughtfully curated amenities.
Godrej Trilogy's location is a key differentiator, as it adjoins the iconic Mahalaxmi Racecourse, offering residents unobstructed views of the Racecourse and the Arabian Sea. Worli itself has emerged as one of India’s most desirable residential destinations, characterised by seamless connectivity to key commercial hubs and a well-developed social infrastructure. The neighbourhood is already home to leading schools, hospitals, retail outlets, and numerous premium commercial and residential developments, making it a preferred and well-established choice for discerning homebuyers.
Godrej Properties brings the Godrej Industries Group's 128-year legacy of innovation, sustainability, and trust to the real estate sector, consistently combining excellence with cutting-edge design and technology. Reflecting this commitment, Godrej Properties was India's largest developer by the value of residential sales in both FY 2024 and FY 2025.
The company's deep focus on sustainable development is evident in its commitment since 2010 that all projects will be third-party certified green buildings, which helped it secure the global #1 ranking among listed residential developers by the Global Real Estate Sustainability Benchmark in 2020, 2021, 2022, and 2025. This dedication has earned Godrej Properties over 500 awards in recent years, including Developer of the Year at the GRI India Awards, 2024. The company has a market cap of over Rs 70,000 crore and the stock is up by 26 per cent from its 52-week low of Rs 1,869.50 per share.
Disclaimer: The article is for informational purposes only and not investment advice.