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The Godrej Enterprise Group (GEG), among Mumbai's largest private landholders, has initiated a master planning exercise for its 1,000-acre parcel in Vikhroli. Executive director Nyrika Holkar stated that while some manufacturing activities had shifted out of the site, operations would continue at Vikhroli alongside long-term systematic development. The land, largely controlled by the Jamshyd Godrej and Smita Crishna branch of the family, also accommodates Godrej & Boyce businesses, leased IT offices, and environmentally sensitive mangroves.
The Godrej Enterprise Group, one of Mumbai's most prominent landholding entities, is preparing a masterplan to guide the systematic development of its vast 1,000-acre landholding in suburban Vikhroli. According to executive director Nyrika Holkar, the group led by Jamshyd Godrej and his sister Smita Crishna remains committed to maintaining manufacturing operations at the site, even as parts of the industrial activity have already been relocated. Advertisement
Holkar explained that the company was in the process of evaluating how the land could evolve over time in a structured manner. She clarified that the entire land parcel was owned by the group, except for 34 acres controlled by another family branch. This portion had been settled amicably between the family members in a recent arrangement.
The Vikhroli land currently hosts several businesses operated by Godrej & Boyce and includes sections leased to IT companies. The estate's eastern side is home to mangroves, which play a vital ecological role in flood prevention and environmental balance.
When asked about possible plans to utilise the land for data centre development, Holkar responded that the group had no such intentions, as there was no surplus land available for new ventures of that nature.
With parts of the land dedicated to manufacturing, IT leases, and ecologically critical mangroves, the strategy appears to be focused on maintaining diverse land usage while securing growth opportunities. The group's recent family asset settlement has further clarified ownership, providing a stable foundation for structured future development.
Source - PTI
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