Towering Ambitions: Ashwin Sheth Group Unveils ₹3,800 Crore Goregaon Landmark

The Dawn of a New Luxury Address in Mumbai

Amidst Mumbai’s ever-evolving skyline, a new chapter is unfolding in Siddharth Nagar, Goregaon West. The renowned Ashwin Sheth Group has secured development rights from the Maharashtra Housing and Area Development Authority (MHADA) for a monumental residential undertaking with a projected gross development value (GDV) of ₹3,800 crore. This marks a defining moment for the group and the city’s premium housing market.

A Vision Among the Clouds

Spanning 4.05 acres, this master-planned enclave will introduce residents to heights of indulgence across five luxurious towers—four rising to 44 stories, complemented by a signature tower soaring to 60 floors. The blueprint includes 2, 3, and 4 BHK apartments ranging from 800 to 1,600 sq ft, thoughtfully designed to meet the diverse aspirations of modern families.

Premium Space, Prized Location

Set in the heart of Goregaon West, this address offers more than just square footage. Residents will be positioned minutes from major business districts, entertainment zones, and Mumbai’s vital transport arteries—a privilege in urban living. The Siddharth Nagar locale enjoys seamless connectivity, bolstering its appeal to both homebuyers seeking upscale comfort and investors eyeing long-term value appreciation.

Goregaon’s transformation is further accelerated by ongoing infrastructure advancements, securing its reputation as a preferred destination in the city’s western suburbs. Ashwin Sheth Group’s ambitious vision aims to set a national benchmark in high-rise residential standards—where every apartment, amenity, and open space is meticulously curated for those who seek the extraordinary.

Expanding Horizons: One Marina and Beyond

This isn’t the group’s only bold step. In June, Ashwin Sheth Group acquired a 50% stake in South Mumbai’s elite One Marina project near Marine Drive—a ₹2,300 crore luxury development. The landmark acquisition was enabled by strategic funding from PAG Singapore, with $65 million (₹540 crore+) committed to support construction and innovation in this prime address.

With this momentum, Ashwin Sheth Group continues to redraw boundaries, building not just homes, but aspirational lifestyle destinations across Mumbai’s most coveted neighbourhoods.