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Sattva Group Launches Rs 55 Billion Mumbai Redevelopment Project

2026-05-07

Sattva Group has launched its first residential project in Mumbai, Sattva Sumera, in Parel with a gross development value (GDV) of around Rs 55 billion. The project marks the company’s entry into Mumbai’s redevelopment-led residential market.

Spread across a two-acre land parcel, the development will comprise twin high-rise towers with a total development potential of over 2 million sq ft. The first tower will house around 500 residences, including two- and three-bedroom apartments with Jodi configurations. Unit sizes range between 760 sq ft and 1,400 sq ft.

Located in Parel, the project is positioned to benefit from infrastructure upgrades including the Sewri-Worli Connector, Eastern Freeway, Atal Setu and the proposed Metro Line 11, improving connectivity across South Mumbai and key commercial districts.

Commenting on the launch, Shivam Agarwal said redevelopment in Mumbai is increasingly focused on improving liveability through better planning, space utilisation and execution.

The project will feature around 50,000 sq ft of amenities focused on wellness, recreation and community living. Sattva Group said the development reflects its long-term redevelopment strategy in Mumbai, supported by structured planning and design-led execution.

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