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HomeProperty ConnectGodrej Family Acquires Rs. 80.83 Cr Land Parcel in Mumbai

Godrej Family Acquires Rs. 80.83 Cr Land Parcel in Mumbai

Pic: Representational

Square Yards says, the land, bought  by Anamudi Real Estates includes a built-up area comprising a basement, a ground floor, and two upper floors

MUMBAI, Feb 8 (The CONNECT) Anamudi Real Estates LLP, a privately held firm of the Godrej family, has acquired a land parcel in Mumbai’s upscale Juhu area for Rs. 80.83 crore, according to property registration documents reviewed by Square Yards.

The transaction, registered earlier this month, is uploaded on the website of the Inspector General of Registration (IGR) .

The land also includes a built-up area comprising a basement, a ground floor, and two upper floors. The acquisition incurred a stamp duty payment of Rs. 4.85 crore and a registration fee of Rs. 30,000.

Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards said, the presence of leading developers in the area reflects its enduring appeal. Recent land acquisitions in Juhu signal continued investor confidence, reinforcing the locality’s long-term growth prospects.

Juhu, a prime suburban locality in Mumbai’s western region, is home to several Bollywood celebrities and business leaders, thanks to its coastal appeal, proximity to the international airport, luxury housing stock, and strong social infrastructure. The area features major developers such as Lodha, K Raheja, Kalpataru, and Rustomjee, among others.

According to Square Yards Locality Data Intelligence, a total of 175 sale transactions including apartments, villas and residential plots, amounting to a gross transaction value of Rs. 1,346 crore, were registered in Juhu between January 2024 and December 2024. Currently, the average residential property price in Juhu stands at Rs. 72,166 per sq. ft. In another recent transaction, Agarwal Holdings Pvt. Ltd. acquired land worth Rs. 455 crore from Shapoorji Pallonji in Juhu of approximately 1,819.90 sq. m (~2,177 sq. yd), as per IGR property registration documents reviewed by Square Yards.

Anamudi Real Estates LLP, an entity owned by the Godrej Group, is a Limited Liability Partnership registered in Mumbai, Maharashtra. The Godrej Group is an Indian multinational conglomerate headquartered in Mumbai, managed and largely owned by the Godrej family. The group operates in multiple sectors, including real estate, consumer products, industrial engineering, appliances, furniture, security, and agricultural products.

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