Mumbai, May 6: Bengaluru-based Sattva Group has announced its entry into the Mumbai residential market with the launch of Sattva Sumera in Parel, marking its first development in the city. The project carries an estimated gross development value of ₹5,500 crore and forms part of the company’s broader redevelopment push in Mumbai.
Set on a two-acre parcel in central Mumbai, the project will feature twin high-rise towers rising to nearly 200 metres, with a development potential exceeding 20 lakh sq ft. The first phase will include around 500 apartments, comprising two- and three-bedroom configurations.
Located in Parel, the project is expected to benefit from upcoming infrastructure such as the Sewri–Worli Connector, which will link to the Bandra Worli Sea Link, alongside access to the Eastern Freeway and the proposed Metro Line 11.
The development adopts a vertical planning model, integrating retail at ground level, parking floors, and amenities across dedicated levels. The design also incorporates an “urban forest” concept, aimed at enhancing livability within a dense urban setting.
The launch comes amid rising redevelopment activity in Mumbai, driven by infrastructure upgrades and sustained housing demand. With this project, Sattva Group seeks to establish a foothold in the city’s competitive real estate market while expanding its long-term investment pipeline.
