What are the future plans for the land purchased by the Godrej family in Juhu?
Anamudi Real Estates LLP, a privately held firm of the Godrej family, has acquired a land parcel in Mumbai’s Juhu area for ₹80.83 crore. This transaction was officially registered on February 5, 2025, according to property registration documents reviewed by various sources.
Details of the Land Acquisition
The land spans 560 square meters (approximately 670 square yards) and includes a built-up area that consists of a basement, a ground floor, and two upper floors. The acquisition incurred a stamp duty payment of ₹4.85 crore and a registration fee of ₹30,00012.
Context of the Juhu Real Estate Market
Godrej Project Juhu is recognized as one of Mumbai’s most prestigious residential areas, known for its coastal appeal and proximity to the international airport. It is home to numerous Bollywood celebrities and business leaders, making it an attractive location for high-net-worth individuals34. The average residential property price in Juhu currently stands at approximately ₹72,166 per square foot5.
In recent months, there has been significant activity in the Juhu real estate market. For instance, between January 2024 and December 2024, there were 175 sale transactions, amounting to a gross transaction value of ₹1,346 crore6. This indicates strong investor confidence in the locality’s long-term growth prospects.
Significance of the Acquisition
The acquisition by Anamudi Real Estates LLP reflects ongoing investment interest in Juhu’s real estate sector. Notably, other high-value transactions have occurred recently in the area, such as Agarwal Holdings Pvt. Ltd.’s purchase of land worth ₹455 crore from Shapoorji Pallonji[^7]. Godrej Plots Mumbai Such transactions underscore Juhu’s status as a prime investment destination within Mumbai.
Godrej Plots Juhu this acquisition not only enhances the Godrej family’s footprint in Mumbai’s luxury real estate market but also signals continued demand for premium properties in one of India’s most sought-after locales.