Satva Group’s explosive entry in Mumbai’s real estate! 6 big projects worth Rs 11,000 crore announced

Sattva Group MMR Projects: Sattva Group, one of India’s most trusted and leading real estate developers, has announced its grand opening in the Mumbai Metropolitan Region (MMR). The group has simultaneously announced six major residential and commercial projects, which have the potential to change the face of key areas of Mumbai.

This Mumbai portfolio of Satva Group is spread over a built up area of ​​about 8 million square feet. According to the company’s estimates, the total gross development value (GDV) of these projects will be around Rs 11,000 crore. These projects are located in the most posh and strategic areas of Mumbai, including Parel (Shivadi), Prabhadevi, Goregaon East, Vile Parle West, Powai, areas near Bandra Kurla Complex (BKC).

Thousands of families will get new homes

Satva Group will deliver over 2,500 rehabilitation homes and over 2,000 new luxury homes under this mega plan. Talking about the timeline of the project, the construction work will start in 2026 and is expected to be completed by 2032. However, the group has targeted that the first project will be delivered by 2028.

Mumbai’s urban renewal and Satva’s vision

Mumbai city is currently undergoing ‘Urban Renewal’ That is, it is going through a phase of urban renewal. There is an urgent need to redevelop more than 16,000 old buildings in the city to meet safety and modern standards. Satva Group’s entry comes at a time when redevelopment prospects are getting a boost under the government’s DCPR 2034 norms.

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Speaking on the occasion, Bijay Agarwal, Managing Director, Satva Group, said that there are a large number of buildings in Mumbai that need to be converted into safe and future-ready homes. For the last three decades, Satva Group is known for its technical proficiency and timely delivery. We have brought this legacy to Mumbai and are committed to making a significant contribution to the city’s development in the next decade.

The Group’s approach is not limited to mere construction but is also ‘rehabilitation-oriented’ Is. Existing residents will experience upgraded amenities, better security and a transparent process. Focusing on engineering-based design and sustainability, Satva Group is poised to make Mumbai safer and more modern.