Aspect Realty Unveils ₹1,200 Crore Ultra-Luxury Residential Project ‘Shivam’ in Mumbai’s Prestigious Worli Locale

The project is expected to generate a top-line revenue potential of ₹3,850 crore upon completion

New Delhi, May 02, 2025: Aspect Realty, the rapidly expanding real estate arm of Aspect Global Ventures, today announced the launch of its most ambitious residential project, Shivam, a 57-storey luxury project in Worli, Mumbai. The groundbreaking ceremony was held on Wednesday, coinciding with the auspicious occasion of Akshaya Tritiya, a day symbolizing eternal prosperity and growth in Hindu tradition.

With a planned investment of ₹1,200 crore, Shivam affirms Aspect Realty’s commitment to delivering unparalleled luxury living in one of Mumbai’s most coveted neighbourhoods. The project is expected to generate a top-line revenue potential of ₹3,850 crore upon completion, reinforcing its position as a high-value development in the city’s prime real estate market.

Announcing the launch, Ms. Aksha Kamboj, Executive Chairperson of Aspect Global Ventures, said, “Shivam is not just another skyscraper—it is a symbol of our vision to deliver aspirational yet accessible homes that redefine city living. Unveiling it on Akshaya Tritiya, a day that signifies prosperity and new beginnings, adds deeper meaning to this milestone. Rooted in excellence, driven by integrity, and powered by innovation, this project reflects our unwavering commitment to shaping Mumbai’s skyline with purpose, passion, and enduring value.”

The 57-storey residential tower, standing 215 meters tall, will offer panoramic views of the Arabian Sea and Mumbai’s skyline. Spanning 5,50,000 sq ft, the development will feature ultra-luxurious residences priced competitively starting from ₹10 crore per apartment, making it a compelling proposition in the premium segment. The project is expected to be completed in six years, setting a new benchmark for luxury living in Worli.

Envisioned under the Maharashtra Government’s Amnesty Scheme (March 2024), Shivam has already garnered significant interest from high-net-worth individuals and investors, thanks to its prime location, iconic design, and value-driven proposition.

Corporate Comm India (CCI Newswire)