Aspect Realty, the real estate arm of Aspect Global Ventures, launched its residential project, Shivam, a 57-storey luxury project in Worli, Mumbai.
With a planned investment of Rs 1,200 crore, Shivam affirms Aspect Realty's commitment to delivering unparalleled luxury living in one of Mumbai's most coveted neighbourhoods. Upon completion, the project is expected to generate a top-line revenue potential of Rs 3,850 crore, reinforcing its position as a high-value development in the city's prime real estate market.
Aksha Kamboj, Executive Chairperson of Aspect Global Ventures, said, "Shivam is not just another skyscraper; it is a symbol of our vision to deliver aspirational yet accessible homes that redefine city living. This project reflects our unwavering commitment to shaping Mumbai's skyline with purpose, passion, and enduring value."
The 57-storey residential tower, standing 215 meters tall, will offer panoramic views of the Arabian Sea and Mumbai's skyline. Spanning 5,50,000 sq ft, the development will feature ultra-luxurious residences priced competitively starting from Rs 10 crore per apartment, making it a compelling proposition in the premium segment. The project is expected to be completed in six years, setting a new benchmark for luxury living in Worli.
Envisioned under the Maharashtra Government's Amnesty Scheme (March 2024), Shivam has garnered significant interest from high-net-worth individuals and investors due to its prime location, iconic design, and value-driven proposition.
