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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Resale and rental stock live in this buildingMahaRERA P51800021913

Goregaon East · Mumbai

Satellite Elegance

Pankaj Shah Marg, Opp Film City Road, Goregaon East · by Group Satellite (Newone Constructions Private Limited)

Updated Sep 2026

287
Units
2027
Possession
2
Buildings
Certificate Signed
Status

A first look at Satellite Elegance

Satellite Elegance is a residential project on Pankaj Shah Marg, Opp Film City Road, Goregaon East, Mumbai 400063. It is registered with MahaRERA under P51800021913 (registered 2026-02-09). The project has 287 units across 2 buildings of up to 36 floors. It offers 2 BHK homes with carpet areas of 635–710 sq ft, priced ₹1.85 Cr–₹1.95 Cr as on 09 Jul 2026 (indicative). The quoted rate is about ₹28,300 per sq ft. MahaRERA proposed possession: Apr 2027.

Resale and rental stock live in this building.

6 for sale · 6 for rent in this building right now, listed below.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK635 ft²₹1.85 Cr—
2 BHK710 ft²₹1.95 Cr—

Prices as on 09 Jul 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

Property listings in Satellite Elegance

For sale
For rent

Satellite Elegance floor plans

2
Satellite Elegance, Goregaon East — floor plan 1Satellite Elegance, Goregaon East — floor plan 2

Floor plans are indicative, as shared by the developer, and subject to change.

About Satellite Elegance

Location

Satellite Elegance is located on Pankaj Shah Marg, Opp Film City Road, Goregaon East (Mumbai 400063), in the Mumbai Suburban district. Across 75 recent resale listings on MPE, homes in Goregaon East have a median asking rate of ₹29,332 per sq ft, and a 2 BHK typically rents for about ₹74,000 a month.

MahaRERA record

Satellite Elegance is registered with MahaRERA under P51800021913, dated 9 February 2026. The registered promoter is Newone Constructions Private Limited. The filing lists 2 wings: Elegance Wing A with 144 units over 36 floors; Elegance Wing B with 143 units over 36 floors. According to MahaRERA, the architect on record is Kiran R Shriwatkar and the project escrow account is with ICICI Bank Ltd.

Homes and prices

Configurations recorded are 2 BHK of 635–710 sq ft at ₹1.85 Cr–₹1.95 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹27,500–₹29,100 per sq ft of carpet, in line with the locality's resale median. Prices are indicative and should be reconfirmed with the developer before booking.

Construction and possession

The latest MahaRERA progress report shows foundation at 100%, structure at 100%, finishing at 52%, services at 65%. Proposed possession is Apr 2027.

Developer track record

Group Satellite has 8 projects tracked on Mumbai Property Exchange, 7 of them delivered (ready or sold out).

Buyer demand in Goregaon East

In the last 90 days, buyers and tenants registered 32 requirements for Goregaon East with Mumbai Property Exchange, 11 of them to buy and 10 specifically for 2 BHK homes.

Developer's description ▾
Satellite Elegance located in the prime residential area of Goregaon (E) is an important aspect in Group Satellite's nearly 50 year old legacy. We have successfully developed buildings such as Satellite Tower, Satellite Royale and Satellite Gardens all of which are now regarded as landmark locations in their areas. Satellite Elegance an ongoing project that will mark its presence in the established area of Group Satellite in Goregaon (E), boasts spectacular views of the Mumbai skyline. With a picturesque tower of 1 & 2 BHK and 2 BHK and an elevation as high as 32 floors, Satellite Elegance will be a premium residence where luxury and aesthetic meet world class amenities.

Price vs Locality

₹28,299
/sqft · Goregaon East rate-band mid-point ₹65,000
56% below mid-point

Upcoming projects & infrastructure in Goregaon East

take an informed decision

28 MahaRERA projects are due to hand over in Goregaon East between 2027 and 2031; the nearest upcoming infrastructure to Satellite Elegance is the Goregaon-Mulund Link Road (GMLR), 1.3 km away (under construction · due 2028).

28
MahaRERA projects handing over in the next 5 years
in Goregaon East
₹43,800/sqft▲
typical asking price
rising this quarter
₹17,000/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Goregaon East by possession year
6
2027
9
2028
5
2029
4
2030
4
2031

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Satellite Elegance
  • 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.3 km
  • 🚇Line 3 AquaOpened 20252.9 km
📜 8,303 registered transactions (IGR) on record in Goregaon East, and we pull the latest registrations on request. Know what flats here actually transacted at before you negotiate — take an informed decision.
Ask for registered transactions ›
In the full Goregaon East report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Goregaon East — resale, rent & yield

Resale
₹29,332/sqft
median · 75 listings
Rent
₹98.7/sqft/mo
2 BHK ~₹74,000/mo
Gross yield
4.0%/yr
rent vs resale value

This project is quoted around ₹28,299/sqft — 4% below resale here.

From MPE live listings, last 18 months · Mumbai price index ›

Unit Configurations (per MahaRERA)

ConfigurationCarpetIndicative Price
1 BHK427–520 ft²₹1.21 Cr–₹1.47 Cr
2 BHK635–786 ft²₹1.8 Cr–₹2.22 Cr
3 BHK794–890 ft²₹2.25 Cr–₹2.52 Cr
Configurations & carpet per MahaRERA filing · indicative price = locality rate × carpet (not the developer's quote).
💬 Verify current inventory with an advisor

RERA record & possession

Possession (proposed)
Apr 2027
Project status
New
MahaRERA No.
P51800021913
Data last updated
Sep 2026
Registered
2026-02-09
Escrow Bank
ICICI BANK LIMITED
Architect
Kiran R Shriwatkar
Total FSI
18,463

Buildings · 2 wings

287 units
Elegance Wing A · 36 fl · 144 u
Elegance Wing B · 36 fl · 143 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Construction progress

per MahaRERA
Foundation100%
Structure100%
Finishing52%
Services65%
See all 11 stages ▾
Basement (if any)100%
Excavation100%
Plinth100%
Podiums (if any)100%
Slabs of Super Structure100%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …100%
Stilt Floor100%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…81%
External plumbing and external plaster, elevation, completion of terr…76%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…30%
Sanitary Fittings within the flats / premises0%

Amenities

10
Electrical meter room, sub-station, r…Energy managemcntFire protection and fire safety requi…Landscaping & Tree PlantingSewerage (Chamber, Lines, Septic Tank…Solid Waste Management And DisposalStorm Water DrainsTreatment And Disposal Of Sewage And …
+2 more ▾
Water SupplyWater conservation /Rain water harvesting

Talk to our MahaRERA advisor

🏠 Discuss what you're looking for📍 Locality & project guidance🤝 Speak to a specialist

Tell our MahaRERA advisor what you need and they'll guide you on this project.

💬 Ask about resale or rental options

Goregaon East market context

Property Rates in Goregaon East

Residential · Sale
₹40,000–90,000/sqft
Commercial · Sale
₹35,000–55,000/sqft
2 BHK · Rent
₹45,000–100,000/mo

Resale Flats for Sale in Goregaon East

4

Flats for Rent in Goregaon East

4

Commercial for Sale in Goregaon East

2

Commercial for Lease in Goregaon East

3

Commercial Projects in Goregaon East

MahaRERA projects nearby in Goregaon East

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Satellite Elegance located?

Satellite Elegance is on Pankaj Shah Marg, Opp Film City Road, Goregaon East, Mumbai 400063.

What is the price of Satellite Elegance?

2 BHK homes are priced ₹1.85 Cr–₹1.95 Cr as on 09 Jul 2026, about ₹28,300 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Satellite Elegance offer?

2 BHK – 635 sq ft carpet at ₹1.85 Cr; 2 BHK – 710 sq ft carpet at ₹1.95 Cr.

When is possession of Satellite Elegance?

As per MahaRERA, proposed possession is Apr 2027.

Is Satellite Elegance RERA-registered?

Yes — MahaRERA registration P51800021913, registered 2026-02-09.

How many units does Satellite Elegance have?

MahaRERA records 287 units across 10 buildings, up to 36 floors.

Who is the developer of Satellite Elegance?

Group Satellite (Newone Constructions Private Limited) — 8 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Goregaon East?

28 MahaRERA-registered projects in Goregaon East are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Satellite Elegance?

Goregaon-Mulund Link Road (GMLR) — under construction · due 2028, 1.3 km away; Line 3 Aqua — opened 2025, 2.9 km away. Timelines are as announced and can change.

How do I book or get more details?

Tap WhatsApp or Call below to speak with a Mumbai Property Exchange advisor — serving Mumbai since 1995 · RERA-registered since 2017.

Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-09-28). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.
SOURCE · MAHARERA + MUMBAI PROPERTY EXCHANGE
INDEPENDENT DATA · RERA A51800043517 · EST. 1995
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