Mumbai: Ashwin Sheth Group, priavte developer has announced new residential project in Siddharth Nagar, Goregaon West, marking a significant milestone in the company's expansion into Mumbai's thriving western suburbs. The landmark development, with a Gross Development Value (GDV) of Rs 3,800 Crores, is set to transform the residential landscape of Goregaon West with its premium offerings and world-class amenities.
Strategically located on a sprawling 4.05-acre land parcel, the project will feature five towers - four towers of 44 floors each and a signature 60-floor tower- alongside dedicated retail development. The development will offer approximately 12 lakh square feet of RERA carpet area, with spacious and meticulously designed 2, 3 & 4 bed residences ranging from 800 to 1600 square feet.
Ashwin Sheth, Chairman and Managing Director of Ashwin Sheth Group, said, "This strategic acquisition from MHADA represents a milestone in expansion strategy. Goregaon West has emerged as one of Mumbai's most promising residential destinations, and securing this prime 4.05-acre parcel positions us to deliver a world-class development that will set new standards for premium living in the western suburbs."
Siddharth Nagar location in Goregaon West offers excellent connectivity to major business districts, and transportation networks. With the area witnessing rapid infrastructure development and emerging as a preferred residential destination for both end-users and investors, the project is strategically positioned to cater to the growing demand for premium housing in the western suburbs, as per developer.
