Tanya Dubash, a scion of the Godrej family and executive director at Godrej Industries Group, has acquired two luxury sea-facing apartments in a premium residential tower currently under construction at Mumbai’s Worli Sea Face for over ₹294 crore, according to property registration documents obtained by RealtyDailyNews.
The apartments have been valued at more than ₹2.5 lakh per square foot, placing them among the highest-priced residential properties in the nation based on this rate.
The two units, located on the 19th and 20th floors of the ultra-luxury tower Naman Xana, each boast a carpet area of approximately 5,812 sq ft, complemented by a 645 sq ft balcony. The combined living space exceeds 11,500 sq ft, not including the balconies.
Dubash purchased the 19th-floor apartment from the project’s developer, Shree Naman Residency, while the 20th-floor unit was acquired by Shaula Real Estates from Karp Estate, a company affiliated with Godrej Industries.
Both apartments will come with exclusive access to eight car parking slots within the tower.
This latest acquisition bolsters the Godrej family’s presence in the tower; last year, a company tied to Tanya Dubash bought a duplex apartment on the 30th and 31st floors for ₹225.76 crore. That unit featured a carpet area of 9,214 sq ft and a 1,227 sq ft balcony.
The Naman Xana tower has become one of India’s most sought-after residential addresses, drawing billionaire promoters, industrialists, and top corporate executives.
Notably, pharmaceutical mogul Leena Gandhi Tewari recently made headlines by purchasing two duplex apartments for ₹639 crore, setting a record with an approximate price of ₹2.83 lakh per sq ft.
Tanya Dubash, the eldest daughter of Adi Godrej, holds positions on the boards of several publicly listed Godrej group companies, including Godrej Consumer Products and Godrej Agrovet.
Godrej Industries declined to comment, and RealtyDailyNews’s inquiry to the developer went unanswered.
The Worli area has seen a significant uptick in ultra-luxury property transactions over recent years, attributed to infrastructure improvements like the Mumbai Coastal Road and a strong demand for spacious, sea-facing homes in South and Central Mumbai.
This region has emerged as Mumbai’s “billionaires’ row,” populated by members of the Godrej family, pharmaceutical tycoons, and leading banking and business families.
The recent acquisitions highlight a persistent demand for premium homes, even as broader housing markets exhibit signs of moderation. Experts suggest that promoter families and ultra-high-net-worth individuals continue to consider iconic Mumbai residences as valuable long-term assets.
