Aspect Realty plans foray into commercial realty, data centres, warehouses

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According to Aspect Global, the company is actively exploring to enter into the warehousing and data centre space in Navi Mumbai and outskirts of Thane. Representational image.

According to Aspect Global, the company is actively exploring to enter into the warehousing and data centre space in Navi Mumbai and outskirts of Thane. Representational image.

Aspect Realty, a subsidiary of Aspect Global Ventures, having multiple premium residential projects across the Mumbai region, is planning to foray into commercial real estate projects, data centers, warehouses, industrial projects, a top executive said. 

“We have commercial office spaces in the pipeline across Powai and Bandra East. Additionally, we are actively exploring to enter into the warehousing and data centre space in Navi Mumbai and outskirts of Thane, aligned with the city’s growing demand for digital and logistics infrastructure,” said Aksha Kamboj, Executive Chairperson, Aspect Global.

“While industrial parks are not an immediate focus, feasibility assessments are ongoing,”she said.

The company is also exploring to get into plotted developments on the outskirts of Mumbai and Pune. 

“These are aimed at second-home buyers and investors looking for future-ready land parcels with basic infrastructure and gated amenities. Announcements in this space are expected later this year,” Ms. Komboj said. 

The company follows a hybrid funding model, including internal accruals, private equity participation, and construction finance from reputed institutions. 

“The current debt position is within industry norms, and the company maintains a healthy debt-to-equity ratio. We have strong relationships with lenders like Edelweiss, IIFL, and Piramal, particularly through Mahadev Realtors, which is into SRA projects,” she said. 

Aspect Realty which specialises on premium and luxury housing has projects in Bandra East, Powai, Almeida Park, and Worli, with new ventures planned in key growth zones such as Jogeshwari, Kandivali, Bandra East, and Byculla.

The apartments are priced between ₹1.25 crore to ₹10 crore. 



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