Developer imageGodrej Sky Terraces: ₹56,124 a sq ft launch against ₹30,857 resale in Chembur
The launch asks 82% over resale in Chembur; 11,843 new homes are due there by 2032; 363 people asked us for a home there in 90 days.
- Launch rate
- ₹56,124 /sq ft*
- Resale in Chembur
- ₹30,857 /sq ft
- Over resale
- +82%
- Possession
- Jul 2029
The market around Godrej Sky Terraces
From Mumbai Property Exchange listings, buyer requests and MahaRERA filings for Chembur.
Launch against resale
New homes due, by year
Who asked us for a home here
What a flat here earns
Where Godrej Sky Terraces sits among Chembur launches
Where Godrej Sky Terraces stands
Transport within 3.5 km
What the numbers say about Godrej Sky Terraces
Godrej Sky Terraces is Godrej Properties's project in Chembur, on our books at an indicative ₹56,124 a sq ft of carpet. Flats already standing in Chembur ask a median ₹30,857 a sq ft, across 43 resale listings with us in the last four months. A quarter earlier the median was ₹30,857.
So the launch asks 82% more than resale next door. Buyers pay that for a new building, new amenities, a developer's warranty and the time to pay in stages. A resale flat can be lived in or let out now; the new one cannot until possession.
MahaRERA filings show 11,843 new homes due in Chembur by 2032. 2027 is the busiest year, with 4,499. In the last 90 days, 363 people asked us for a home here; 101 want to buy.
- Developer
- Godrej Properties
- Location
- Deonar Farm Road, Raj Kapoor Bunglow, Chembur, Mumbai 400088
- Homes
- 3 BHK, 4 BHK
- Stage
- Under Construction
- MahaRERA
- P51800053882
- Checked
- 15 Nov 2026
Talk to Sandeep
Journalists, investors and NRIs can reach Sandeep Sadh about this story. Data behind every chart on request.
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What is The Real Launch Story
Sandeep Sadh's record of Mumbai's new launches. Each story sets the launch against resale in the suburb, counts the homes MahaRERA says are coming, shows who is asking and what homes rent for. Kept apart from listings and updated as the numbers move.
Resale, rents, demand, the MahaRERA pipeline and transport.
Our team walks the site, the sample flat and the street.
What we saw, dated, added to the story.
His own take, shown only when he has written it.
On WhatsApp, Instagram, LinkedIn and with the press.
Check these six things
- The MahaRERA registration of the exact phase and tower you buy in.
- The carpet area on the cost sheet against the MahaRERA filing.
- Whether the price is all-in or plus GST, stamp duty, registration and floor rise.
- The possession date written in the agreement, not only the brochure.
- How much is due before the agreement is registered.
- Whether any offer has a written end date.
Send it to someone looking in Chembur
Figures as read on 15 Nov 2026. Our launch rates are indicative and may change 5–10%. Resale rates and rents are medians of asking figures on Mumbai Property Exchange, not registered transactions. Confirm every figure with the developer and on MahaRERA before deciding. This is not an advertisement by the developer.
