Sheth Realty Invests Rs 150 Crore in Luxury Residential Project in Mumbai's Sion

Sheth Realty

Real EstateMumbaiSheth RealtyAakshya VenturesLuxury Residential ProjectReal Estate NewsMay 28, 2024

Sheth Realty Invests Rs 150 Crore in Luxury Residential Project in Mumbai's Sion
Real Estate News:Sheth Realty, a well-known real estate developer, has invested over Rs 150 crore in a new residential project, Codename Younique, in Sion, Mumbai. The project is being developed as a joint venture with Aakshya Ventures, according to an ET Realty report.

The project's estimated cost is around Rs 500 crore, and the company expects to generate over Rs 1,000 crore in revenue from this project. Spread over 2 acres of land, the project will feature 2 BHK apartments ranging from 650 sqft to 750 sqft and 3 BHK apartments ranging from 900 sqft to 1,100 sqft. The starting price of 2 BHK apartments is around Rs 1.99 crore, while the starting price of 3BHK apartments is around Rs 2.75 crore.

Sheth Realty is a leading real estate developer with over 20 years of experience in the industry. The company has developed several residential and commercial projects in Mumbai and other cities.

Aakshya Ventures is a real estate company that specializes in developing luxury residential projects.

Sheth Realty is a prominent real estate developer with a strong presence in Mumbai and other cities. The company is known for its high-quality construction and luxurious amenities.

Aakshya Ventures is a real estate company that focuses on developing luxury residential projects in prime locations.

Frequently Asked Questions

What is the estimated cost of the Codename Younique project?

The estimated cost of the project is around Rs 500 crore

What is the expected revenue from the project?

The company expects to generate over Rs 1 000 crore in revenue from this project

What types of apartments will be available in the project?

The project will feature 2 BHK apartments ranging from 650 sqft to 750 sqft and 3 BHK apartments ranging from 900 sqft to 1 100 sqft

What is the starting price of 2 BHK apartments?

The starting price of 2BHK apartments is around Rs 1 99 crore

What is the starting price of 3BHK apartments?

The starting price of 3BHK apartments is around Rs 2 75 crore

Related News Articles

HYDRAA Launches Website to Simplify Real Estate Queries in Hyderabad
Real Estate

HYDRAA Launches Website to Simplify Real Estate Queries in Hyderabad

The Hyderabad Real Estate Developers Association (HYDRAA) has unveiled a new website to provide legal clarity and transparency in the real estate sector, helping both buyers and sellers navigate the complex market in Hyderabad.

April 10, 2025
Read Article
Mumbai and Delhi Emerge as Leading Luxury Real Estate Markets in Asia-Pacific
Real Estate

Mumbai and Delhi Emerge as Leading Luxury Real Estate Markets in Asia-Pacific

India's real estate sector is witnessing a significant boom, driven by robust economic growth, infrastructure improvements, and changing lifestyle trends. Mumbai and Delhi, in particular, are ranking among the fastest-growing luxury real estate markets in

November 22, 2024
Read Article
The Urgency for Authentic Leadership in Goa
Real Estate

The Urgency for Authentic Leadership in Goa

Goa needs genuine leaders who focus on real issues like drug abuse, casino expansion, and the proliferation of dance bars, rather than engaging in flashy campaigns and empty slogans.

March 22, 2025
Read Article
RBI Revamps Small Value Loan Ceiling for UCBs: Impact on Real Estate and Housing Sectors
real estate news

RBI Revamps Small Value Loan Ceiling for UCBs: Impact on Real Estate and Housing Sectors

The Reserve Bank of India (RBI) has announced a significant increase in the small value loan ceiling for Urban Co-operative Banks (UCBs) to Rs 3 crore per borrower. This move is part of a broader initiative to refine the definition of small-value loans an

February 25, 2025
Read Article
Ramco Cements Boosts Grinding Capacity at Kalavatala Plant
Real Estate Mumbai

Ramco Cements Boosts Grinding Capacity at Kalavatala Plant

Ramco Cements increases cement grinding capacity by nearly 1 million tonnes per annum at its Kalavatala Plant in Andhra Pradesh.

September 22, 2024
Read Article
India's Real Estate Boom: Surpassing China with 36 Billion-Dollar Companies
Real Estate Maharashtra

India's Real Estate Boom: Surpassing China with 36 Billion-Dollar Companies

India's real estate sector has witnessed significant growth, with 36 companies valued at over $1 billion each, surpassing China's numbers.

July 12, 2024
Read Article