Chintan Sheth
Chairman and Managing Director, Sheth Realty
How do you look at the emerging trends in the luxury real estate segment?
The luxury real estate market has grown beyond traditional concepts of opulence to embrace a more holistic approach, focusing on wellness, sustainability, and advanced smart-living features. Today’s homebuyers are increasingly looking for homes that do more than reflect prestige—they want environments that support their lifestyle choices, prioritising comfort, environmental consciousness, and seamless technological integration. We anticipate these shifts and are committed to delivering exclusive living experiences that meet these evolving expectations.
What are the key trends pushing the demand for luxury housing projects?
The demand for luxury housing has been on an upward trajectory, driven by key trends that align with the values of modern affluent buyers. There’s a growing interest in personalized, eco-friendly designs that prioritize sustainable living without compromising on aesthetics. In addition, smart home technology has become an integral part of the luxury experience, providing the comfort, convenience, and energy efficiency that today’s buyers expect.
Which are the latest luxury projects from the company?
Our current luxury project, ‘Codename Younique,’ is situated at the strategic Sion-BKC connector and offers 2 & 3 BHK residences designed to cater to Mumbai’s most discerning homebuyers. In addition, we have high-end projects in the pipeline in Mulund and Versova, two prominent neighbourhoods that will soon offer elevated living experiences. These developments reflect Sheth Realty’s commitment to creating luxurious yet thoughtfully designed residences in Mumbai’s most desirable areas, bringing refined living options to those seeking both prestige and convenience.
What are the unique features of your luxury project?
Sheth Realty’s luxury project can be identified by their connectivity, contemporary amenities, and premium design. Our project, such as Codename Younique, offer seamless access to major areas, located just minutes away from the bustling BKC hub, ensuring convenient daily commuting for residents. Our development includes top-tier amenities, such as a fully equipped clubhouse, landscaped gardens, fitness zones, and children’s play areas, which promote a well-rounded, urban lifestyle. Additionally, our project features dedicated spaces for social gatherings, allowing residents the comfort and convenience of hosting events within their community.
How will the luxury market evolve, and will the demand for genuine luxury properties persist in Mumbai?
Mumbai’s luxury real estate market is on a strong growth trajectory, and we foresee an ongoing rise in demand for premium properties that offer exceptional quality and refined living experiences. Wellness and sustainability are also becoming major focal points, with buyers showing a marked preference for health-centred amenities and environmentally friendly designs—elements that many new developments are now showcasing. The data reinforces this trend, with luxury property sales up by 29% in 2023, indicating that high-net-worth individuals view these residences as stable, long-term investments. Additionally, as Mumbai’s population grows more affluent, the demand for luxury homes in prime locations remains steady.
