May 2026
A total of 16 residential transactions has been registered so far for Godrej Sky Terraces, amounting to ₹ 115 Cr till May 2026.
Mumbai
Godrej Sky Terraces (Godrej RKS) in Chembur is a boutique low-density luxury development that celebrates legacy and modernity on the iconic land that once housed Raj Kapoor’s bungalow. Developed in partnership with the Kapoor family, the project is a unique confluence of nostalgic charm and contemporary living. With just 55 spacious residences spread across 1.05 acres, it offers an intimate yet opulent lifestyle featuring 3 & 4 BHK deck-style homes that emulate the warmth of bungalow living. Designed for seamless comfort, Godrej Sky Terraces blends thoughtful layouts, expansive decks, and private backyards into a harmonious living experience. The development pays tribute to the grandeur of the past while being embedded with futuristic sensibilities and over 30 luxury amenities, including a rooftop infinity pool, amphitheatre, and celestial party lawn.
Exemplary Design & AmenitiesKey Design Highlights:
Amenities Classification:
With luxury inventory constrained in central Mumbai, Sky Terraces stands out with its large-format homes, rooftop leisure zones, and timeless façade. This makes it not only an end-user delight but also a capital-protective investment for those targeting premium clientele.
Every amenity and layout element speaks to exclusivity, spaciousness, and serenity, a mark of modern luxury redefined.
Location AdvantagesChembur, Mumbai – Centrally Located in Eastern Mumbai Suburbs
Unmatched Connectivity & Infrastructure:
Lifestyle & Essentials Nearby:
Business & IT Hub Access:
Chembur is evolving from a mid-income enclave to a premium residential hub due to infrastructure upgrades, making this location future-proof for price escalation.
Sky Terraces benefits from both old-world Chembur charm and new-age urban accessibility, enabling strong lifestyle appeal and rising end-user demand.
Upcoming Infrastructure DevelopmentsThese infra investments will create faster access, reducing commute times and increasing liveability scores, enhancing Chembur’s value significantly.
As connectivity strengthens, Godrej Sky Terraces’ strategic location at the convergence of these mega projects places it in an ideal position for price appreciation.
Investment OpportunitiesPopulation Growth & Developer Activity: Chembur is experiencing a surge in population due to enhanced connectivity, redevelopment initiatives, and growing corporate presence.
Capital Appreciation:
11% price appreciation in the past year
Long-term CAGR in the 7–10% range, surpassing other suburbs
45,000+ rs. per sq. ft. pricing for new launches indicates confidence and demand
Rental Yields & Exit Potential: Close to IT hubs, BKC, and the airport, Chembur offers strong rental income opportunities and high liquidity for resale in the future.
A low-supply, high-demand micro-market with continual upscaling. Ideal for investors targeting asset appreciation and rental income from HNIs/expats.
Godrej Sky Terraces offers long-term wealth creation with emotional value, heritage prestige, and the hallmarks of a blue-chip investment.
Builder CredibilityGodrej Properties, part of the $4.1 billion Godrej Group, is one of India’s most respected developers, known for blending design excellence with sustainability. The company is known for landmark developments across Mumbai, NCR, Pune, and Bangalore. Delivered over 28 million sq. ft. Among the first to receive LEED Platinum ratings. Legacy projects: Godrej Platinum, Godrej Garden City, Godrej Horizon
Awards & Recognitions:
Backed by Godrej brand equity, transparency, and delivery record, Sky Terraces offers confidence in execution and long-term asset safety.
The trusted Godrej name paired with Chembur’s evolving market makes this project a solid investment backed by credibility, heritage, and long-term value.
A total of 16 residential transactions has been registered so far for Godrej Sky Terraces, amounting to ₹ 115 Cr till May 2026.
During Q1'2026, average property prices for Godrej Sky Terraces moved from ₹ 42,050/sqft to ₹ 42,450/sqft, reflecting a 0.95% rise.
Structural Works reach 69% completion.
During Q3'2025, average property prices for Godrej Sky Terraces moved from ₹ 41,850/sqft to ₹ 42,050/sqft, reflecting a 0.48% rise.
Structural Works reach 60% completion.
Structural Works reach 41% completion.
Structural Works reach 27% completion.
Structural Works reach 18% completion.
A total of 21 out of 55 launched units have been booked as of May 2024, including 15% of 3 BHK PREMIUM(4 out of 26 units), 86% of 4 BHK(12 out of 14 units), 33% of 3 BHK OPTIMUM(5 out of 15 units).
A total of 15 out of 55 launched units have been booked as of February 2024, including 4% of 3 BHK PREMIUM(1 out of 26 units), 79% of 4 BHK(11 out of 14 units), 20% of 3 BHK OPTIMUM(3 out of 15 units).
This master plan details Godrej Sky Terraces, located in Chembur. While the total land area, number of units, or project timelines aren't detailed in this plan, it lays out the extensive amenities and access points available.
The master plan divides the property into distinct recreational zones: the Backyard Boulevard, Atrium Altitude, and Celestial Courtyard. These areas are interspersed around the residential building, providing various green spaces and activity hubs. There are no specific density figures or percentages visible in this plan.
| Master Bedroom-Walls | Oil Bound Distemper |
| Master Bedroom-Flooring | Vitrified Tiles |
| Other Bedrooms-Flooring | Vitrified Tiles |
| Walls | Oil Bound Distemper |
| Living Area-Flooring | Vitrified Tiles |
| Structure | RCC Frame Structure |
Download brochure, master plan & walkthrough video of Godrej Sky Terraces to explore floor plans, layout, and complete project details in Chembur, Mumbai.
Complete details about the Projects
Overall project layout & design
Virtual tour of the property
Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.
Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.
Check Travel Time
Connecting Roads - Godrej Sky Terraces
Comprehensive assessment of your property's current worth in the current market
Price Insights
Locality Snapshot
Great
+5 More
Chembur Railway Station and Chembur Monorail station are well connected to the locality
Concerning
+5 More
Waterlogging occurs during monsoons due to poor drainage system
Reviews (81)
Real estate firm Godrej Properties Limited is headquartered in Mumbai, India. The company was established in 1990 by Adi Godrej and is a division of Godrej Industries Limited. Currently, the company is working on projects expected to total more than 89.7 million square feet. The Godrej Group has many businesses, including construction, fast-moving consumer products, high-tech engineering, furnishings, safety, and agro-based. Although most of the businesses are privately owned, the
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.
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Property Valuation 
