Godrej Trilogy Seafront leads Mumbai's luxury home sales in April–September

Godrej Trilogy Seafront in Worli was the top project by registered luxury home sales value in Mumbai in the six months from April to September 2026, according to a half-yearly report published on 27 October 2026. The report, The Luxury Real Estate Market Decoded, was released by Lighthouse Luxury and draws on Maharashtra registration records. It counts residential sales of ₹5 crore or more.

In that period, 54 homes in the Trilogy project were registered for a combined ₹1,199 crore, an average of about ₹22.2 crore per home. Godrej Properties ranked first among developers with ₹2,360 crore across 207 homes. Oberoi Realty recorded ₹1,818 crore and Lodha Developers ₹1,741 crore. Projects and developers are ranked by total registered value, not by the number of units sold.

A concentrated market in Worli

Worli was the largest luxury micro-market in the period, with 275 deals worth ₹5,558 crore, or about 17% of the Mumbai total. The average was about ₹20.2 crore per home. Transaction value in Worli rose 9.9% quarter on quarter in the July–September quarter, the report says.

The top end of the market was led by a project that is not a Godrej development. Naman Xana in Worli recorded three home sales worth a combined ₹456 crore, an average of ₹152 crore per home, the highest average among the top ten projects.

Activity beyond Worli

Across the Mumbai region, 3,145 luxury registrations worth ₹32,623 crore were recorded between April and September 2026, an average of more than 17 homes priced at ₹5 crore or more a day. Registrations in the second quarter rose 10.5% to 1,651, and value rose 17.1% to ₹17,600 crore. July was the strongest month, with 618 homes worth ₹6,669 crore.

The report also points to growth in other localities. Quarter on quarter, Malabar Hill rose 46.5%, Lower Parel 44.3%, Bandra West 33% and Juhu 19.6%. Andheri West and Versova doubled in value from the first quarter to the second, and Tardeo rose 125%.

Sumesh Mishra, founder of Lighthouse PropTech, said confidence at the top of the market had returned and that deals above ₹50 crore had more than doubled. Eight homes were leased for ₹20 lakh a month or more between June and September 2026, seven of them by companies. The highest rent was ₹28.50 lakh a month at Oberoi 360 West in Worli, equal to ₹3.42 crore a year.

What it means for buyers

These are registration-based estimates. They are not developer booking figures, and they cover the Mumbai region only. Buyers should read the rankings as a measure of value transacted, not of demand for a particular tower.

Trilogy is under construction. Its Phase 1 towers are Seaturf and Seafront, and it offers 3 and 4 BHK residences. Godrej said nearly 100 homes had sold since the project's launch in November 2025. Listings give different possession dates, ranging from December 2030 to December 2034, and tower heights and prices also vary between listing sites. Buyers should confirm the registered possession date, sizes and price on the MahaRERA portal before booking.

Godrej also said in a stock exchange filing on 28 September 2026 that it had signed an agreement to develop a 2.5-acre sea-facing project in Marine Lines, south Mumbai. The land came from Man Infraconstruction and Shreepati Group, and the company expects revenue of about ₹6,000 crore from it. No launch date has been announced.

What to watch next

The report's author expects the second half of FY27, running from October 2026 to March 2027, to build on the first half. For Trilogy, no dated official step for the remaining towers has been announced. Buyers and investors should watch the next half-yearly registration data and any updated possession dates filed with MahaRERA.