Ashwin Sheth aims to launch over 10 housing projects in 2025, enter Bengaluru
Live MintReal estate developer Ashwin Sheth Group is preparing to launch more than 10 housing projects in 2025 and mark its debut in Bengaluru, as it aims to tap the public market to finance its expansion plans. While most of these will be launched in Mumbai, the company is entering the fast-growing Bengaluru market for the first time with two projects, Bhavik Bhandari, chief sales and marketing officer, Ashwin Sheth Group, told Mint. The group’s upcoming launches include a 1 million sq.ft residential project in Kandivali East with a revenue potential of ₹1,400-1,600 crore, 1 million sq.ft project in Borivali West at ₹3,000 crore and 1.1 million sq.ft development in Goregaon worth ₹3,400 crore among others. “We see ourselves doing premium, luxury and super luxury projects.” The company’s portfolio will constitute 90-95% residential projects, while the rest will be a mix of boutique plus commercial offerings, he said.