MICL

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Macro Economy & Fiscal Policy Just now (03:11 AM IST)

Godrej Properties Enters JV for Rs 6,000 Crore Luxury Project in Mumbai’s Marine Lines

Godrej Properties Ltd has entered into a joint development arrangement for a premium residential project on a 2.5-acre land parcel in Marine Lines, one of South Mumbai’s most valuable micro-markets. The company said the project is expected to generate about Rs 6,000 crore in revenue, underscoring continued demand for high-end housing in tightly supplied urban cores.

By RDU Global Wire5 min read

Macro Economy & Fiscal PolicyJust now (07:26 PM IST)

Godrej Properties signs JV for Rs 6,000 crore luxury housing project in Mumbai’s Marine Lines

Godrej Properties Ltd has entered into a joint venture to develop a premium residential project on a 2.5-acre land parcel in Marine Lines, Mumbai, with an estimated revenue potential of about Rs 6,000 crore. MICL has transferred its development rights to Godrej Properties as part of the collaboration, underscoring continued investor appetite for prime South Mumbai real estate.

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Co-Occurring Entities

Entities frequently referenced alongside MICL:

Mumbai(2)Marine Lines(2)Godrej Properties Ltd(2)South Indian Bank(1)New Delhi(1)Indian Bank(1)