Ashwin Sheth Group has acquired development rights for a 4.05-acre land parcel in Siddharth Nagar, Goregaon West from MHADA, marking a significant stride in its expansion across Mumbai’s western corridor. The upcoming development will feature five luxury towers—four rising to 44 floors and one iconic 60-floor tower—along with dedicated retail spaces.
With a Gross Development Value (GDV) of Rs3,800 Crores, the project offers approximately 12 lakh square feet of RERA carpet area and will include spacious 2, 3, and 4 BHK residences ranging from 800 to 1600 sq. ft. The development is designed to offer top-of-the-line amenities and curated lifestyle experiences, reinforcing the group’s focus on premium urban living.
Ashwin Sheth, Chairman and Managing Director of Ashwin Sheth Group, commented: “This strategic acquisition from MHADA represents a milestone in our 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. With meticulously designed residences, curated amenities, and seamless connectivity, this project reflects our commitment to elevating the lifestyle experience for homebuyers in Mumbai.”
Strategically located, Siddharth Nagar benefits from excellent connectivity to major commercial hubs, entertainment districts, and transportation networks. As infrastructure in the region continues to evolve, Goregaon West has emerged as a top choice for investors and end-users seeking premium residences.
The project also aligns with Mumbai’s growing appetite for high-end housing, especially in areas experiencing value appreciation driven by transit upgrades and emerging business ecosystems. With this venture, Ashwin Sheth Group strengthens its foothold in the luxury residential segment and further builds on its legacy of shaping premium urban communities.
