Ashwin Sheth Goregaon West
Starting from On Request

Description

Ashwin Sheth has once again asserted his company’s ambition and leadership in the high end housing segment with the recent strategic acquisition of a 4.05 acre MHADA land parcel in Siddharth Nagar, Goregaon West, Mumbai, intended to be developed into a landmark luxury residential and retail complex with a gross development value. This high value MHADA tender win not only marks a significant expansion of the Group’s footprint in a prime micro market but also underlines Ashwin Sheth’s commitment to developing premium urban living spaces in rapidly appreciating western suburbs.

Ashwin Sheth Goregaon West project will feature residential tower— four 44 storey towers and a standout 60 storey signature tower—alongside premium retail spaces, offering approximately 12 lakh square feet of carpet area comprising 2, 3 and 4 BHK apartments ranging between 800 and 1,600 sq ft. "Goregaon West has emerged as one of Mumbai's most promising residential destinations," according to Ashwin Sheth's statement, and this development would "establish new standards for premium living in the western suburbs”. The Siddharth Nagar location in Goregaon West benefits from evolving infrastructure, robust connectivity via the Western Express Highway, Mumbai’s suburban rail, and the recently operational Goregaon West metro station on Metro Line 2A.

Additional upcoming transport enhancements such as the Goregaon Mulund Link Road (GMLR), skywalks, new flyovers, and the continuing expansion of bus services further reinforce the appeal of the locale. This reflects the area’s surge in popularity among both end-users and investors as a preferred residential micro market The developer intends to cater to discerning buyers seeking spacious layouts, modern amenities and luxurious lifestyle offerings in a well connected suburban setting. Beyond this major Goregaon West venture, Ashwin Sheth Group is pursuing an aggressive expansion strategy that includes more than ten residential project launches in 2025 across Mumbai and its periphery, as well as new entry into Bengaluru—the group’s first foray outside Maharashtra—with two projects, and planned expansion into other tierI cities like Delhi NCR, Chennai, Hyderabad and Goa.

Thus, the Goregaon West project represents a turning point in the Group's history: a well-known MHADA acquisition using a capital-efficient approach, located in a micromarket that is fast growing in value, has vital transportation connectivity, and is experiencing an increase in demand. It reinforces Ashwin Sheth Group’s positioning in the premium to luxury segment, targeting homebuyers who seek designs that blend modern sophistication with functionality in a burgeoning western suburb. Over the next five to six years, the Group projects revenue flows from projects under construction, with the Goregaon West site being among the most significant contributors to that pipeline. At a time when Mumbai’s land supply is constrained, and demand continues to shift westward, this blow‑out MHADA tender win has elevated the Group further in the premium housing hierarchy, anchoring its ambitions for a forthcoming IPO and future pan India growth. In sum, Ashwin Sheth’s leadership and strategic vision have culminated in a transformative real estate asset in Goregaon West, cementing his Group’s reputation as a design led, growth oriented and quality‑focused real estate developer shaping upscale urban living in Mumbai and beyond.