Sheth Realty Unveils Luxury Redevelopment Project in Sion, Mumbai
Sheth Realty, a leading real estate developer, has launched an ambitious redevelopment project in Sion, Mumbai, with an expected revenue of INR 1000 Crore.
Real EstateLuxury LivingRedevelopment ProjectSheth RealtyAakshya GroupReal Estate MaharashtraJul 09, 2024
With an investment exceeding INR 150 Crore, this ambitious endeavour is expected to generate a substantial topline of approximately INR 1000 Crore, reaffirming Sheth Realty's commitment to delivering excellence in every aspect of urban development. The total project cost is estimated at around INR 500 Crore, underscoring the magnitude of this undertaking.
In a strategic partnership with Aakshya Group, a distinguished construction service enterprise renowned for its forward-thinking approach, this joint venture signifies a convergence of expertise and innovation. Aakshya Group's stellar track record in managing large-scale projects aligns seamlessly with Sheth Realty's vision for transformative urban landscapes.
The project features exclusive Grand 2 & 3 Bed Residences with deck, catering to discerning individuals seeking sophistication and comfort. Spanning from 620 to 1100 square feet, these residences epitomise luxury living at its finest. Over 40 meticulously curated amenities, spanning three levels - Ground floor, Podium, and Sky Promenade - promise residents an unparalleled lifestyle experience.
From a sprawling infinity swimming pool on the rooftop to a state-of-the-art gymnasium and banquet hall, every facet of modern living has been meticulously considered. Environmental sustainability lies at the core of this development, with initiatives such as solar panels, energy-efficient lighting, rainwater harvesting, and a sewage treatment plant ensuring a greener tomorrow.
The strategic location offers easy access to prominent CBDs, making it an ideal choice for both residents and investors alike. Mr. Chintan Sheth, Chairman and Managing Director of Sheth Realty, expressed his enthusiasm on their new project in the Sion district, terming it as a significant milestone in Sheth Realty's journey.
With a focus on quality, innovation, and community-centric design, Sheth Realty is confident that this project will set new benchmarks in urban living. The project has been launched on May 25, 2024, and is projected to be completed within four years from the commencement of construction. With attractive pricing and flexible payment plans, Sheth Realty aims to cater to the diverse needs of the market while upholding its reputation for quality and timely delivery.
Sheth Realty is a leading real estate developer with a vision to provide luxury living experiences to its customers. With a focus on quality, innovation, and community-centric design, Sheth Realty has established itself as a pioneering force in the real estate sector.
Information Aakshya Group is a distinguished construction service enterprise renowned for its forward-thinking approach and stellar track record in managing large-scale projects.
Frequently Asked Questions
What is the expected revenue of the Sheth Realty project in Sion?
The expected revenue of the Sheth Realty project in Sion is INR 1000 Crore.
What is the size of the project in Sion?
The project in Sion spans across approximately 2 acres.
What is the investment made by Sheth Realty in the Sion project?
The investment made by Sheth Realty in the Sion project exceeds INR 150 Crore.
What are the amenities provided in the Sheth Realty project in Sion?
The project features over 40 meticulously curated amenities, including an infinity swimming pool, state-of-the-art gymnasium, and banquet hall.
When is the project expected to be completed?
The project is expected to be completed within four years from the commencement of construction.
Related News Articles
State Street Leases Office Tower in Mumbai for GCC Expansion
State Street Corporation, a leading global financial services provider, has leased an office tower from Brookfield Properties near Mumbai's BKC to set up its Global Client Center (GCC). The tower will house around 2,000 employees and support the company's
Godrej Group's Restructuring Gets Green Light from Competition Commission
The Competition Commission of India has approved the Godrej group's internal restructuring, which will see the 127-year-old conglomerate split between two branches of the founding family.
MagicBricks Survey Reveals 35% Buyers Interested in Ultra-Luxury Properties Post-COVID
A recent survey by MagicBricks indicates a significant shift in the real estate market, with 35% of buyers now showing a keen interest in ultra-luxury properties. The survey highlights the changing lifestyle preferences and market trends in the wake of th
NBCC MAHAPREIT Targets Massive Rs 25,000 Crore Project Execution in Maharashtra
NBCC has announced its ambitious plan to execute projects worth Rs 25,000 crore in Maharashtra. The company, known for its expertise in Project Management Consultancy (PMC) and real estate, is poised to significantly boost the region's infrastructure and
Why Renting in Pune Made This Tenant a Cool Rs 2 Crore Richer
Rahul Jain's unconventional decision to rent a 3BHK apartment in Pune instead of buying one has paid off in a big way. Find out how he made a cool Rs 2 crore by not buying a home.
Godrej Properties to Develop 6.54 Acres of Prime Land in Kharghar, Navi Mumbai
Godrej Properties Ltd (GPL) has won the bid to develop a 6.54-acre premium land in Sector 5-A, Kharghar, with plans to create a high-end residential community.