~ Ashwin Sheth Group is celebrating
38 years of legacy in the real estate business
~ Ashwin Sheth Group achieved sales
revenue of ₹1486 crore in the FY23-24, marking a threefold increase
compared to FY22-23
~ Ashwin Sheth Group plans to expand
its business portfolio in the MMR region and is foraying into
Bangalore, Delhi (NCR), plus plans to enter Hyderabad, Chennai and Goa
~ Aims to invest highly in
sustainability and green initiatives over the next 3 to 5
years
~ The company plans for an IPO in
the next 18 – 24 months
MUMBAI,
India, July 10, 2024 /PRNewswire/ -- Ashwin Sheth
Group, a renowned name in the luxury real estate market in the MMR
region, proudly announces its re-branding initiative to celebrate its
remarkable 38 years of legacy, culminating in a 3x growth
and planned entry into other key metros. With the unveiling of a
new logo and vision, Ashwin Sheth Group reiterated their commitment
towards enhancing the lives of customers and their steadfast
dedication towards Quality and Design.
Ashwin Sheth Group collaborated with chlorophyll,
India's first end-to-end brand
consultancy firm, for the new brand identity. The new logo consists
of the letters 'A' and 'S' and reflects the commitment
to crafting spaces that serve as mirrors to the worlds inhabited by
Ashwin Sheth Group's cherished stakeholders. The tagline,
"Our world reflects your world", eloquently expresses
the dedication to understanding and fulfilling customers' desires,
needs, and aspirations.
Mr Ashwin Sheth, Chairman and
Managing Director, Ashwin Sheth Group, commented
"India's real estate market has
long been a key driver of economic growth, significantly
contributing to the country's GDP. As Mumbai leads the luxury market and the real
estate industry experiences positive momentum, we decided this was
the perfect time for us to move onto the next level. Our re-branding marks a significant milestone in
our journey, reflecting our commitment to creating spaces that
resonate deeply with our customers' aspirations. With sales
reaching ₹1486 in FY23-24 and maintaining a remarkable three-fold
growth trajectory, our financial year 2023–24 has been exceptional.
This is just the beginning. Looking ahead, we are focused on
redefining urban living through innovation, sustainability, and
expansive community-building. With the new vision and brand
identity my team is calling it Ashwin
Sheth 2.0".
Mr Prabhakar Azad, Chief
People and Process Officer, Ashwin Sheth Group, added, "Our
commitment to employee centricity and our deeply ingrained values
are the cornerstones of our company's success. By integrating
SAP, HONO, Smart APP, and SFDC, we are transforming our
operational efficiencies to consistently exceed customer
expectations moving towards being a tech-driven company. In
FY23-24, Ashwin Sheth Group was recognized as one of the preferred
companies for its pay cycle. We are devoted to attracting and
hiring the industry's top talent, ensuring our leadership team sets
the benchmark in expertise and industry-leading business practices.
We are also dedicated to fostering a world-class culture and
offering exceptional growth opportunities for our outstanding
talent, which will in turn help us scale greater heights."
Mr. Bhavik Bhandari, Chief
Sales and Marketing Officer, Ashwin Sheth Group, stated,
"Driven by an insatiable passion for innovation, Ashwin Sheth Group
redefines luxury through deep contextual understanding. As we
embark on a future journey of expansion, Ashwin Sheth 2.0 signifies our dedication to
providing not just homes but also an understanding of your desires,
needs and aspirations. We are aggressively expanding in the Pan MMR
region and we will be soon launching projects in Kandivali,
Borivali, Sewree, Juhu, 7 Rasta, Marine Drive, Nepean Sea Road,
Goregaon, Thane, Mulund, and Mazagaon. We will be soon foraying
into cities like Bangalore,
Pune, Delhi (NCR), Chennai, Hyderabad and Goa. Our focus remains on prime locations,
meticulous planning, innovative design, and unparalleled quality.
Our rebranding is more than a new identity; it marks our commitment
to designing holistic lifestyles that reflect the essence of our
customers. As we continue to innovate and grow, we are poised to
deliver unmatched value and exceptional experiences, solidifying
our position as market leaders in the real estate sector. As part
of CMD's vision and business expansion, the company plans to be
among the top 10 leading real estate players in India in the next 4-5
years".
Commenting on the new brand identity, Mr Kiran Khalap, Co-Founder and Managing Director,
chlorophyll brand & communications
consultancy, commented, "Real estate in
India is characterized by only a
handful of pan-Indian brands. Given Ashwin Sheth Group's ambition
to become one, chlorophyll needed to use its rigorous process
(ideantity™) to understand the pan-Indian mindset. A
surprising insight emerged, true luxury involves a true
understanding of a buyer's needs, something that the Ashwin Sheth
Group excelled at. This led us to express the brand's meaning in a
startling visual (where A and S were mirror images)
with the brand line: Our world reflects your world.
We believe this ideantity™ is
the quickest way to find a place in the most expensive real estate
on earth: human memory!"
The company is also planning to look at new growth drivers
including new land acquisitions at strategic locations. This
will include Joint Ventures, Redevelopments and others.
The company is also expanding its product portfolio
across Residential, Commercial, Township, Villas, Retail,
Mix-Use, Farm-houses, Co-working spaces, Second Homes and
Warehousing.
With ambitious expansion plans, ground-breaking sustainability
initiatives, and the prospect of an impending IPO, ASG is poised to
elevate its legacy in the Indian real estate landscape.
About Ashwin Sheth Group:
Ashwin Sheth Group, founded in 1986, has solidified its position
as a prominent real estate developer in India and Dubai. Renowned for its innovative designs and
forward-thinking approach, the company has left an indelible mark
on the landscape with over 82+ luxury projects globally. Notable
landmarks like Viviana Mall in Thane, Iris
Bay in Dubai, BeauMonde and
Cnergy in Prabhadevi, and Montana
in Mulund stand as testaments to the group's commitment to
excellence. Partnering with top consultants in architecture,
design, engineering, and construction, Ashwin Sheth Group
consistently delivers value to its customers.
With a track record of nurturing over 35,000+ happy families
into their dream homes and developing more than 38 million square
feet of assets, the group has earned a reputation for quality and
reliability. Under the visionary leadership of Mr. Ashwin Sheth, the group has amassed over three
decades of experience in the industry. Mr. Sheth's outstanding
contributions were recognized with the 'CMD of the Year',
'Exemplary Leader of the Year' and 'Real Estate Professional of the
Year' awards, a testament to his leadership and innovation.
The company has won numerous industry accolades, including being
named the 'Best Place to Work For', 'Most Preferred Brand' and
'Developer of the Year in Residential'. With a focus on expansion
and a dedication to customer satisfaction, Ashwin Sheth Group
continues to shape the real estate landscape with its unparalleled
expertise and commitment to excellence.
To know, please click on: https://www.ashwinshethgroup.com/
Media Contact:
Ashwin Sheth Group
Riddhi Vira | PR and
Corpcom
9619776362 | riddhi.v@ashwinshethgroup.com
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