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Ashwin Sheth Group draws expansion plan

The company has a significant portfolio in the residential segment

Ashwin Sheth Group, Residential segment, Retail and commercial projects

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.

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June 2020
10 Jun 2020