Sattva Sumera - Parel, Mumbai
- Builder
- Sattva Group
- Construction
- Under Construction
- Completion
- Dec, 2031
- Properties
- Apartments
Description
Views of the Arabian Sea and the iconic Atal Setu Bridge
- Grand Entrance Lobby
- Modern Clubhouse
- Fully Equipped Gymnasium
- Swimming Pool
- Landscaped Gardens
- Children’s Play Area
- Jogging & Walking Track
- Indoor Games Room
- Multipurpose Hall
- Yoga & Meditation Zone
- 24/7 Security
- CCTV Surveillance
- Amphitheatre & Party Lawn
- Video Door Phone/Intercom Facility
- Power Backup
- High-Speed Elevators
- Rainwater Harvesting System
- Sewage Treatment Plant
- Fire Safety System
- Visitors & Ample Parking
- EV Charging Provision
Highlights
- Grand Entrance Lobby
- Modern Clubhouse
- Fully Equipped Gymnasium
- Swimming Pool
- Landscaped Gardens
- Children’s Play Area
- Jogging & Walking Track
- Indoor Games Room
- Multipurpose Hall
- Yoga & Meditation Zone
- 24/7 Security
- CCTV Surveillance
- Amphitheatre & Party Lawn
- Video Door Phone/Intercom Facility
- Power Backup
- High-Speed Elevators
- Rainwater Harvesting System
- Sewage Treatment Plant
- Fire Safety System
- Visitors & Ample Parking
- EV Charging Provision
Configurations
| Type | Area | Possession | Price * |
|---|---|---|---|
| 2BHK Apartment | 741 SqFeet | After 5 Years | ₹ 3.35 crores |
| 3BHK Apartment | 1,326 SqFeet | After 5 Years | ₹ 6 crores |
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News
Sattva Group launches Sumera project in Mumbai Parel
Telangana Today · · New Launches
Sattva Group has launched Sattva Sumera, its first residential project in Mumbai at Parel, targeting Rs 5,500 crore revenue.
Key facts
Sattva Group launched its first residential project 'Sattva Sumera' at Parel in Mumbai. The project is spread across a two-acre land parcel with a total development potential of over 20 lakh square feet and an estimated revenue potential of Rs 5,500 crore. Headquartered in Bengaluru, Sattva Group is one of the leading real estate developers in the country with presence across eight Indian cities. The group has delivered 80 million sq ft area so far, with another 100 million sq ft in various stages of planning and development. Sattva Group and Blackstone have sponsored listing of India's largest commercial REIT, Knowledge Realty Trust (KRT), which has a portfolio of 46 million sq ft of Grade A office assets across six cities. VP Strategy Shivam Agarwal stated that Mumbai is at a point where redevelopment is improving how people live, and housing demand continues to be strong in the Mumbai Metropolitan Region.
Mumbai redevelopment cycle accelerates with Sattva Sumera launch
cnbctv18 · · Residential
Sattva Group enters Mumbai with ₹5,500 crore Sattva Sumera redevelopment in Parel, marking shift toward design-led high-rise housing projects.
Key facts
Mumbai's real estate market shifting from land-based development to redevelopment as primary supply channel for new housing. Prime location land parcels nearly exhausted; large stock of ageing buildings across island city driving redevelopment focus.
Key micro-markets transforming: Parel, Lower Parel, Dadar, Worli—older residential societies replaced with high-rise developments offering improved amenities, layouts, asset value.
Infrastructure catalysts: Sewri-Worli Connector, metro expansions, improved arterial road connectivity unlocking accessibility and reducing commute times, making redevelopment more viable.
Buyer preferences evolving: location premiums declining; emphasis increasing on livability factors—natural light, ventilation, efficient layouts, community spaces, design quality.
Sattva Sumera project details: ₹5,500 crore redevelopment in Parel on two-acre parcel with 2+ million square feet development potential. Twin high-rise towers, approximately 500 residential units in first phase. Features "Urban Forest" concept with vertical greenery, curated open spaces, 50,000 square feet of amenity spaces.
Sattva Group (Bengaluru-headquartered) entry marks institutional players entering traditionally local-developer-dominated redevelopment market. Over 80 million square feet delivered across India; backed by Blackstone in commercial real estate.
Redevelopment projects require complex stakeholder management, regulatory approvals, tight construction timelines—driving consolidation toward well-capitalised developers with proven track records.
Mahindra and Sattva launch major residential projects in Mumbai
ETRealty · · New Launches
Mahindra Lifespace Developers launched Mahindra BeaconHill in Mahalaxmi with ₹1,650 crore GDV; Sattva Group launched Sattva Sumera in Parel with ₹5,500 crore GDV.
Key facts
Mahindra Lifespace Developers launched Mahindra BeaconHill residential project in Mahalaxmi, South Mumbai. Project spans 1.68 acres with 58-storey tower comprising 198 residences (three BHK, 3.5 BHK, and four BHK). Potential GDV: ₹1,650 crore.
Sattva Group launched Sattva Sumera, its first Mumbai residential project, in Parel. Project spans two acres with twin high-rise towers rising approximately 200 metres. Total development potential over 20 lakh sq ft. GDV: ₹5,500 crore. First tower will offer around 500 residences including two and three bedroom homes. Unit sizes: 760-830 sq ft for two-bedroom homes, 1,100-1,400 sq ft for three-bedroom homes.
Location
Sattva Sumera, Parel, Mumbai - 400012 (Maharashtra)
Nearby
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Transport
- Bharat Petroleum (<1 km)
- P.Thakre Bus Station (<1 km)
- Sewri (<1 km)
- Ambedkar Nagar (<1 km)
- Chhatrapati Shivaji Maharaj International Airport (~14 km)
- Navi Mumbai International Airport (~32 km)
-
Shopping & Dining
- Arab Restaurant (<1 km)
- Cafe Coffee Day (~2 km)
- Dadar Flower Market (~2 km)
- Nakshatra Mall (~3 km)
- Food Arcade (~3 km)
- Soham Collections (~4 km)
-
Healthcare
- Davaindia Generic Pharmacy (<1 km)
- Municipal TB Hospital (<1 km)
- Haffkine Institute For Training, Research & Testing (<1 km)
- Ashish Medical Stores (<1 km)
- Kidwai Nagr health Post & Dispensary (~1 km)
- Abhyudaya Nagar Dispensary (~2 km)
-
Education
- St. Pauls Convent (~1 km)
- Dr.Ambedkar College (~2 km)
- Dadar Athornan Institute (~3 km)
- Veermata Jijabhai Technological Institute (VJTI) (~3 km)
- Institute of Chemical Technology (~4 km)
- The Asiatic Society of Mumbai (~11 km)
-
Leisure & Entertainment
- Local Park (<1 km)
- Purandare Stadium (~2 km)
- Deepak Talkies (~3 km)
- Veer Major Ramesh Dadkar Playground (~3 km)
- Veermata Jijabai Bhosale Zoo & Botanical Garden (~4 km)
- Willingdon Sports Club (~7 km)
-
Services
- Mumbai - Parel - Sindhu Nagar (<1 km)
- HDFC Bank ATM (~1 km)
- Dadar Fire Brigade (~2 km)
- Dadar Police Station (~3 km)
- Bahmandai Municipal Corporat (~4 km)
- Matunga Post Office (~4 km)
-
Religious Places
- Naigaonchya Vighnaharta (~1 km)
- St. Mary's Orthodox Cathedral. (~2 km)
- Ram Mandir (~2 km)
- Rustam Faramna Agiary (~2 km)
- Pir Baghdadi Masjid (~3 km)
- Haji Ismail Haji Allana Sanatorium (~4 km)
-
Business & Hospitality
- ITC Grand Central (~2 km)
- Western Railway Carriage Repair Workshop (~3 km)
- Sewri Dockyard (~3 km)
- Peninsula Business Park (~3 km)
- Equinox Business Park (~11 km)
- Grand Hyatt Mumbai Hotel & Residences (~12 km)
- Project ID
- J119262181
- Updated
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- Views
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