In one of the most recent high-value real estate transactions in Mumbai, Godrej Properties has successfully sold a luxury apartment located on the prestigious Carmichael Road in South Mumbai for a staggering ₹69 crore. This translates to a price of ₹1.58 lakh per square foot, as per property registration documents accessed by Zapkey.
A Glimpse into the Godrej Carmichael Project
The buyer, Menon Realty LLP, acquired this premium apartment located on the 14th floor of the Godrej Carmichael project. The unit covers a spacious 4,359 sq ft of RERA carpet area, including a 425 sq ft balcony, offering a blend of elegance, luxury, and modern design. This sale highlights the continued demand for high-end residential properties in one of Mumbai's most sought-after neighborhoods.
This transaction was registered on February 25, 2026, with a stamp duty of ₹4.14 crore and a registration fee of ₹30,000. In addition to the apartment, the buyer secured three exclusive car parking spaces, adding significant value to the overall deal.
Menon Realty LLP is becoming a prominent name in the luxury real estate sector, with this transaction marking another significant purchase. Just a year prior, in March 2025, Menon Realty had also made waves by purchasing a 14,866 sq ft luxury apartment in the exclusive Lodha Sea Face project in Worli for ₹187.47 crore, at a price of ₹1.26 lakh per square foot. The property, developed by Macrotech Developers, is still under construction but promises to offer a lavish living experience in one of Mumbai's prime locations.
Godrej Properties Continues to Set Records
Godrej Properties, a name synonymous with luxury and reliability, continues to be a dominant force in Mumbai's real estate landscape. Interestingly, in April 2025, Pirojsha Adi Godrej, the chairperson of Godrej Properties, along with his cousin Freyan Crishna Bieri, purchased four apartments in the same Godrej Carmichael project at a record-breaking price of ₹1.78 lakh per square foot. These transactions reflect the high demand for premium residences, even as prices in the luxury market continue to climb.
The Carmichael Road sale is just the latest in a series of high-profile transactions that underscore the ongoing growth and desirability of luxury real estate in Mumbai. With increasing demand from high-net-worth individuals (HNWIs) and institutional investors, luxury properties in Mumbai’s South and Central locations are becoming some of the most coveted investments in the country.
As the city continues to be a financial and cultural hub, the luxury segment in real estate shows no signs of slowing down. With developments from iconic builders like Godrej Properties, Mumbai remains an attractive proposition for those seeking opulence, exclusivity, and a premium lifestyle.
Conclusion
The ₹69 crore sale at Godrej Carmichael Road reinforces the high-value transactions that have come to define Mumbai’s luxury real estate market. With Menon Realty’s growing footprint in the sector and Godrej Properties continuing to push boundaries, this sale serves as a testament to the ongoing allure of South Mumbai's real estate market.
Stay tuned for further updates on this evolving story.