Mumbai, 6th May 2026: Sattva Group, one of India’s leading real estate developers, has announced the launch of Sattva Sumera, its first residential development in Mumbai with a Gross Development Value (GDV) of INR5,500 crores. The project forms part of the Group’s redevelopment pipeline in the city and marks a significant step in establishing its on-ground presence in one of India’s most complex and high value real estate markets.
This development comes at a time when Mumbai’s real estate landscape is increasingly shaped by redevelopment, infrastructure expansion, and evolving expectations around urban living. With a strong track record across Bengaluru and other major urban centres, Sattva Group brings a disciplined approach to planning, design, and execution.
Located in Parel, within the Mumbai Metropolitan Region, Sattva Sumera is positioned in a central corridor that continues to benefit from strong connectivity and ongoing infrastructure upgrades. The development offers access to the Bandra Worli Sea Link through the upcoming Sewri Worli Connector, placing Lower Parel within close reach. It also connects to the Eastern Freeway, Atal Setu, and the proposed Metro Line 11, improving accessibility across South Mumbai and key commercial hubs.
Spread across a two-acre land parcel, the development will comprise twin high rise towers rising to approximately 200 metres, with a total development potential of over 20 lakh square feet. The first tower will offer around 500 residences, including two and three bedroom homes with flexible Jodi configurations. Unit sizes range from 760 to 830 square feet for two-bedroom homes and 1,100 to 1,400 square feet for three bedroom homes.
Sattva Sumera is anchored in a design-led approach that focuses on improving everyday livability in a dense urban setting. The planning emphasises efficiency, functionality and a more balanced use of space through thoughtful tower configuration and well-structured layouts. Its architectural identity incorporates an Urban Forest concept, integrating vertical greenery and layered lighting to create a more refined and responsive built form.
Commenting on the launch, Shivam Agarwal, VP Strategy, Sattva Group, said,
Mumbai is at a point where redevelopment is no longer just about replacing older buildings, it’s about improving how people live. You’re seeing a clear shift in what buyers value today. It’s not just about location, but how well a home is planned, how much light it gets, how it feels day to day. With Sattva Sumera, we’ve tried to stay very focused on these basics.
Getting the planning right, making spaces feel more open and ensuring that design and execution work together in a practical way. In a city like Mumbai, even small improvements in how a home is designed can make a meaningful difference to everyday living. For us, this is also a long-term play. As the city continues to evolve, especially with new infrastructure coming in, there’s an opportunity to build developments that are simply better thought through and more livable.
The project follows a structured vertical planning approach, with retail at the ground level, parking across lower floors, and a dedicated clubhouse and amenities spread across 11th and 12th floors. Residences are thoughtfully distributed across multiple levels, with higher floors offering enhanced views, greater privacy, and an elevated living experience. The development will feature approximately 50,000 square feet of amenities centred around wellness, recreation, and community living.
Mumbai’s residential market continues to see steady momentum, supported by infrastructure improvements and sustained end user demand. With Sattva Sumera, Sattva Group strengthens its presence in the city and positions itself to participate in the next phase of redevelopment led growth through a differentiated approach to planning and design.
About Sattva Group
Headquartered in Bengaluru, Sattva Group brings over three decades of pioneering excellence in real estate and presence across eight Indian cities, and is one of India’s leading real estate powerhouses. The group has delivered 80 million sq. ft. of premium developments, with another 100 million sq. ft. in various stages of planning and development. The Group has achieved a historic milestone by listing India's largest Commercial REIT, Knowledge Realty Trust (KRT) as co-sponsor with long term partner Blackstone, encompassing 46 million sq. ft of Grade A office assets across six cities and establishing itself as India's most geographically diversified REIT. Sattva's commercial portfolio features iconic developments across key markets, while its expansive residential business spans Bangalore, Hyderabad, Mumbai, Pune, and Goa with diverse premium and luxury projects. Beyond core real estate, the Group's strategic diversification into co-working, co-living, education, hospitality, data centres and warehousing reinforces its position as a comprehensive urban infrastructure leader, backed by an exceptional CRISIL AA rating that underscores decades of financial strength and unwavering quality commitment.
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