Sheth Group Bags 12-Acre Andheri West Mega-Project Worth ₹8,000 Cr

Mumbai-based real estate developer Ashwin Sheth Group has acquired development rights for the 12-acre Chitrakoot Grounds on Link Road, Andheri West—one of the most sought-after locations in the city’s western suburbs.

The site is earmarked for a large-scale mixed-use development featuring residential, commercial, and retail components. According to sources familiar with the deal, transaction and registration formalities have been completed, with preliminary groundwork expected to commence in the coming months.

The project carries an estimated gross development value (GDV) of ₹8,000 crore, positioning it as one of the most significant mixed-use ventures in the area in recent years.

Andheri West remains a key investment hotspot, driven by strong connectivity, a robust residential market, and increasing commercial demand. Industry experts anticipate more such high-value developments as leading players continue to explore strategic opportunities in the region.

News by Rahul Yelligetti.