Bengaluru-based Sattva Group, one of the premium real estate developers, has expanded its footprint across 7 cities in India. The company has made an announcement of redeveloping six residential and commercial projects in the Mumbai Metropolitan Region (MMR), comprising more than 8 million sq ft of construction area. The total Gross Development Value (GDV) of all six projects is ₹11,000 crore, according to the company.

The construction across the six locations will start from 2026 until 2032 with a phased completion timeline. The company is expecting to deliver its first project by 2028. Sattva Group anticipates delivering a combined total of over 2,500 rehabilitation units and 2,000 new homes through these six ventures.

The company has been awarded these projects through competitive evaluations and situated in locations including:

1. Parel (Sewri)

2. Prabhadevi

3. Goregaon East

4. Vile Parle West

5. Powai

6. In the vicinity of Bandra Kurla Complex

On February 10, the firm said that it has forayed into the MMR with Mumbai's over 16,000 older buildings being in need of renovation and redevelopment for better planning, safety features and sustainability standards.

The company noted that the upcoming refinements to Development Control and Promotion Regulation (DCPR) 2034 will likely improve the feasibility of redevelopment across Slum Rehabilitation Authority (SRA), Maharashtra Housing and Area Development Authority (MHADA), and private society projects. These regulatory improvements are set to drive high demand for developers who possess both technical expertise and strong financial management.

1. SOBHA Limited

In November 2025, Sobha Ltd, a Bengaluru-based real estate developer, had announced the launch of its first project in Mumbai titled 'SOBHA Inizio'. The project, which will offer 310 residences, is spread across 1 acre. The apartment configurations of this project are 1BHK to 3BHK, with 1BHK priced at ₹2.8 crore, ₹4.77 crore for 2 BHK units, and ₹5.75 crore for 3 BHK units.

2. Manglam Group

Manglam Group, a Jaipur-based real estate developer, had announced its acquisition of a redevelopment project in Mumbai's Borivali area in October 2025. The project is spanned across 80,000 sq ft of prime land, consisting of 80 apartments. It will feature 2BHK residences with RERA carpet sizes ranging from 680 to 776 sq ft.

With Sattva Group's strategic entry into the Mumbai market, the company aims to deliver the large and complex projects in a timely manner while also maintaining consistency. Mumbai is experiencing modernization to replace the older buildings with safer, thought-out structures, well-planned layouts, and future-ready homes.

Bijay Agarwal, MD of Sattva Group, said that redevelopment projects align with the values of the company as they require discipline, clarity and long-term commitment. With this massive redevelopment project, the company's objective is to contribute toward the growth of Mumbai.