Godrej Executive's Firm Buys ₹226 Cr Duplex in Worli's Naman Xana Tower

A real estate entity linked to Godrej Group Executive Director Tanya Arvind Dubash has completed a significant luxury property acquisition in Mumbai's prestigious Worli area, according to recent property registration records.

Record-Breaking Transaction in Mumbai's Premium Market

Shaula Real Estates Pvt Ltd, the company associated with Tanya Dubash, reportedly finalized the purchase of a duplex apartment in the upcoming Naman Xana residential tower for ₹225.76 crore. The transaction was registered with stamp duty payments of approximately ₹13.55 crore, as per official documents.

The acquired property spans the 30th and 31st floors of the sea-facing development and encompasses over 11,485 sq ft of built-up area, including 9,214 sq ft of carpet space and 1,227 sq ft of balcony area. The deal also includes six designated parking spaces within the building complex.

Worli Emerges as Ultra-Luxury Investment Hub

Industry experts suggest that the acquisition price of approximately ₹2.45 lakh per sq ft reflects the growing demand for premium properties in Worli's real estate market. The location has witnessed several high-value transactions in recent months, establishing itself as a preferred destination for affluent buyers.

The Naman Xana project, developed by Shree Naman Developers in partnership with Naman Residency Pvt Ltd and Karp Estate Pvt Ltd, is constructed on a 0.64-acre plot along the coveted Worli Sea Face. The tower is scheduled for completion by 2027, according to project timelines.

Infrastructure Developments Boost Area Appeal

Real estate analysts point to several upcoming infrastructure projects that could enhance the area's connectivity and value proposition. The ongoing Mumbai Coastal Road project and the expansion of Metro Line 3 are expected to improve accessibility to the locality.

The transaction adds to a series of premium property deals in Mumbai's luxury segment, which has seen increased activity from ultra-wealthy investors in recent times. Market observers note that such acquisitions reflect confidence in Mumbai's high-end residential market despite broader economic uncertainties.

Market Impact and Future Outlook

The deal reinforces trends observed in Mumbai's luxury real estate sector, where demand for sea-facing properties with premium amenities continues to drive pricing premiums. Industry sources suggest that limited land availability in prime locations like Worli contributes to the sustained interest from high-net-worth individuals.

Property consultants indicate that the Naman Xana project represents the evolving preferences of luxury buyers who prioritize location, design, and exclusive amenities. The development's positioning along the Arabian Sea coastline provides unobstructed ocean views, a feature that commands significant premiums in Mumbai's property market.

Disclaimer: This news report is based on publicly available property registration records and industry sources. The information has been compiled for informational purposes only. Readers are advised to verify details independently before making any investment decisions. The views expressed by industry experts are their own and do not constitute investment advice.