Mumbai News: Ashwin Sheth Group Unveils ₹3,800 Crore Residential Project In Goregaon West's Siddharth Nagar

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."

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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.