India, July 18 -- Mumbai-based Ashwin Sheth Group on July 18 announced a residential project in Siddharth Nagar area of Goregaon West in Mumbai after acquiring development rights from the Maharashtra Housing and Area Development Authority (MHADA).

The company said that the development will have 12 lakh sq ft of RERA carpet area with a gross development value (GDV) Rs.3,800 crore.

According to the company, the project spread across 4.05 acres will have premium offerings across five towers of 44 floors along with a signature 60 floors tower.

The project will have 2 BHK, 3 BHK and 4 BHK apartments ranging from 800 sq ft to 1,600 sq ft.Also Read: DLF eyes more projects in Mumbai's real estate market, but focus remains on Andheri for now

A...