Ashwin Sheth Group draws expansion plan
The company has a significant portfolio in the residential segment
Ashwin Sheth Group is planning to invest around Rs 2,000 crore over the next five years to create a portfolio worth Rs 10,000 crore.
The company has a significant portfolio in the residential segment, and is looking to set up more retail and commercial projects. At present, the developer has a portfolio of around Rs 4,000 crore, which includes 150 lakh sq ft of completed and 50 lakh sq ft of under-construction residential projects.
Besides, it also has eight lakh sq ft of commercial space -- including three lakh sq ft of ongoing projects and another 16 lakh sq ft of retail space. Similarly, the company will also develop small-size office spaces ranging from 25,000 sq ft to a lakh sq ft, depending on demand in a particular market.