Godrej Heiress Tanya Dubash Buys ₹226 Cr Sea-Facing Duplex in Mumbai Worli

A major real estate transaction has been concluded in Mumbai's prestigious Worli Sea Face area, with Shaula Real Estates Pvt Ltd, a company associated with Tanya Arvind Dubash, daughter of Godrej Industries chairman Adi Godrej, purchasing a luxury duplex apartment for ₹225.76 crore.

Premium Property Details

The sea-facing luxury duplex, located in the exclusive Naman Xana project at Worli Sea Face, spans across 9,214 square feet of carpet area with an additional 1,227 square feet of balcony space. The total built-up area encompasses 11,485 square feet, making it one of the most spacious residential units in the locality.

The property comes with six allocated car parking spaces, reflecting the premium nature of the development. The acquisition was registered in May 2025, with the purchase being made from the project developers, Naman Residency Pvt Ltd and Karp Estate Pvt Ltd.

Financial Breakdown of the Transaction

The transaction involved substantial financial commitments beyond the purchase price. The stamp duty amounted to ₹13.55 crore, while the registration charge was ₹30,000. When calculated per square foot, the property commands approximately ₹2.45 lakh per square foot based on carpet area, or ₹1.97 lakh per square foot when considering the total built-up area.

Worli's Position as India's Premium Real Estate Hub

Worli Sea Face has established itself as India's billionaire residential corridor, attracting high-net-worth individuals and business families. The area's appeal stems from its unobstructed sea views, strategic location near major business districts including Lower Parel, Nariman Point, and Bandra-Kurla Complex, and ongoing infrastructure developments.

The locality has witnessed significant infrastructure enhancements, including the Mumbai Coastal Road project and upcoming metro connectivity, which have further boosted property values and desirability among luxury home buyers.

Recent High-Value Transactions in the Area

This acquisition follows a series of notable transactions in the Naman Xana project. In May 2025, Leena Gandhi Tewari, chairperson of USV Pharmaceuticals, acquired two duplexes in the same development for ₹639 crore, including taxes. Earlier in February 2025, Uday Kotak and his family purchased 12 flats in Worli for ₹202 crore.

Market Implications and Trends

The ₹226 crore transaction represents one of the most significant luxury residential acquisitions in Mumbai this year. The pricing of ₹2.45 lakh per square foot continues the upward trajectory seen in Mumbai's premium real estate market, particularly in sought-after locations like Worli.

Industry experts suggest that the consistent flow of high-value transactions demonstrates growing confidence among business families and high-net-worth individuals in Mumbai's premium real estate sector, despite broader economic uncertainties affecting other market segments.

Infrastructure Development Impact

The Mumbai Coastal Road project and planned metro extensions are expected to further enhance connectivity and property values in the Worli area. These infrastructure developments are contributing to the sustained demand for luxury properties in the locality.

The acquisition by Tanya Dubash reinforces the ultra-luxury status of Worli Sea Face as a preferred destination for India's business elite. The transaction reflects the ongoing strength of Mumbai's premium real estate market, where billionaires continue to invest in sea-facing properties amid favorable infrastructure developments.