Sattva Sumera Launched in Parel, Mumbai — Sattva Group's First Mumbai Project with ₹5,500 Crore GDV
Sattva Group Enters Mumbai with ₹5,500 Crore Parel Residential Launch
Sattva Group announced the launch of Sattva Sumera on 6 May 2026, its first residential development in Mumbai with a Gross Development Value of ₹5,500 crores. 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.
Scale and Configuration
Spread across a two-acre land parcel, the development comprises twin high rise towers rising to approximately 200 metres, with a total development potential of over 20 lakh square feet. The first tower offers 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.
Vertical Planning and Amenities
Retail outlets occupy the ground level, followed by several floors dedicated to parking, with a sprawling 50,000-square-foot amenity zone, featuring a clubhouse and wellness centers, situated on the 11th and 12th floors. This vertical segregation ensures that residents on higher floors enjoy unobstructed views and enhanced privacy away from the street-level bustle.
Connectivity and Infrastructure Context
The development offers access to the Bandra Worli Sea Link through the upcoming Sewri Worli Connector, and connects to the Eastern Freeway, Atal Setu, and the proposed Metro Line 11, improving accessibility across South Mumbai and key commercial hubs.
What makes the Parel–Sewri region particularly compelling is its combination of centrality, infrastructure growth, legacy land transformation, and premiumization. Once dominated by textile mills and industrial warehouses, the Parel–Sewri belt is undergoing one of Mumbai's most dramatic urban transformations driven by large-scale redevelopment, infrastructure expansion, and the entry of marquee real estate developers.
Sattva Group's Mumbai Strategy
The project forms part of Sattva 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. With a strong track record across Bengaluru and other major urban centres, Sattva Group brings a disciplined approach to planning, design, and execution.
Developer Background
Rooted in trust, driven by innovation, and guided by knowledge leadership, Sattva Group has redefined India's real estate landscape since 1993, and has expanded its operations across 8 Indian cities. The group has delivered over 124 projects with 80 million sq ft of completed space and another 100 million sq ft in various stages of planning and development.
The Group maintains a stable 'A plus' rating from CRISIL since 2010, and is the largest development partner of global private equity firms Blackstone and Apollo Global Management.
Market Position
Sattva's commercial portfolio features iconic developments across key markets, while its residential business spans Bangalore, Hyderabad, Mumbai, Pune, and Goa with diverse premium and luxury projects.
Parel's property market is on the upswing in 2026, due to key initiatives that cover cross-city routes, transport network, global standards, and smooth connectivity.