New Panvel · Mumbai
Godrej Green Terraces
New Panvel · by Godrej Properties
Registered project name
Green Terraces, Godrej City, PanvelUpdated Oct 2026
New PanvelPhotos from the project record · tap to enlarge

A first look at Godrej Green Terraces
Godrej Green Terraces is a residential project in New Panvel, Mumbai 410221. It is registered with MahaRERA under P52000077918 (registered 2024-11-13). The project has 987 units across 3 buildings of up to 43 floors. It offers 2 & 3 BHK homes with carpet areas of 650–1,100 sq ft, priced ₹99 Lac–₹1.2 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹17,300 per sq ft. MahaRERA proposed possession: Apr 2033.
Ask an advisor to verify current developer inventory and price.
Availability & Pricing
Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.
💬 Request latest price on WhatsAppUnit configurations filed with MahaRERA (6)
Godrej Green Terraces floor plans
1Floor plans are indicative, as shared by the developer, and subject to change.
About Godrej Green Terraces
Location
The project is in New Panvel, Mumbai 410221, in the Raigarh district.
MahaRERA record
Godrej Green Terraces is registered with MahaRERA under P52000077918, dated 13 November 2024. The registered promoter is Caroa Properties LLP. The filing lists 3 wings: Green Terraces, Godrej City, Panvel T1 with 329 units over 43 floors; Green Terraces, Godrej City, Panvel T2 with 329 units over 43 floors; Green Terraces, Godrej City, Panvel T3 with 329 units over 43 floors. According to MahaRERA, the project escrow account is with Axis Bank.
Homes and prices
The price list covers 2 BHK of 650 sq ft at ₹99 Lac; 3 BHK of 1,100 sq ft at ₹1.2 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹10,900–₹15,200 per sq ft of carpet. Prices are indicative and should be reconfirmed with the developer before booking.
Construction and possession
MahaRERA progress reports show construction has not started yet on any of the 11 tracked stages. Proposed possession is Apr 2033.
Developer track record
Godrej Properties has 56 projects tracked on Mumbai Property Exchange, 31 of them delivered (ready or sold out).
Buyer demand in New Panvel
In the last 90 days, buyers and tenants registered 17 requirements for New Panvel with Mumbai Property Exchange, 2 of them to buy and 1 specifically for 2 & 3 BHK homes.
New Panvel market
prices, rents & ratesPrice vs locality
Property rates in New Panvel
RERA record & possession
Buildings · 3 wings
987 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 3 BHK · 1100 sq ft at ₹1.20 Cr (the price recorded above).
- ○ Plinth complete45% paid by then
- ○ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹90.0 L here), released stage by stage, so your own money is about ₹30.0 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹78,100/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
14+6 more ▾
Next steps — clarity before you step out
Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.
Commercial Projects in New Panvel
Compare Green Terraces, Godrej City, Panvel with similarly priced projects nearby
MahaRERA projects nearby in New Panvel
Frequently Asked Questions
Where is Godrej Green Terraces located?
Godrej Green Terraces is in New Panvel, Mumbai 410221.
What is the price of Godrej Green Terraces?
2 & 3 BHK homes are priced ₹99 Lac–₹1.2 Cr as on 09 Jul 2026, about ₹17,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.
What configurations and carpet areas does Godrej Green Terraces offer?
2 BHK – 650 sq ft carpet at ₹99 Lac; 3 BHK – 1,100 sq ft carpet at ₹1.2 Cr.
When is possession of Godrej Green Terraces?
As per MahaRERA, proposed possession is Apr 2033.
Is Godrej Green Terraces RERA-registered?
Yes — MahaRERA registration P52000077918, registered 2024-11-13.
How many units does Godrej Green Terraces have?
MahaRERA records 987 units across 1 building, up to 43 floors.
Who is the developer of Godrej Green Terraces?
Godrej Properties — 56 projects tracked on Mumbai Property Exchange. View their track record ▸
How do I book or get more details?
Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

