Godrej Properties and MICL plan ₹6,000 crore Marine Lines project
- The luxury residential project covers a 2.5-acre site in Marine Lines, South Mumbai
- The project has estimated revenue potential of ₹6,000 crore
- MICL transferred development rights to Godrej Properties; the rights were jointly held with Shreepati Group
- The project adds a major Mumbai launch for Godrej Properties and a development-rights transaction for MICL
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