Goregaon East · Mumbai
Satellite Elegance
Pankaj Shah Marg, Opp Film City Road, Goregaon East · by Group Satellite (Newone Constructions Private Limited)
Updated Oct 2026
Goregaon EastPhotos from the project record · tap to enlarge
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). Satellite Elegance is sold out by the developer — resale flats here are listed from ₹1.5 Cr and rentals from ₹50,000 a month. 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. MahaRERA proposed possession: Apr 2027.
6 for sale · 6 for rent in this building right now, listed below.
Unit configurations filed with MahaRERA (3)
Property listings in Satellite Elegance
Satellite Elegance floor plans
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 281 recent resale listings on MPE, homes in Goregaon East have a median asking rate of ₹36,300 per sq ft, and a 2 BHK typically rents for about ₹65,000 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, 20% below 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 35 requirements for Goregaon East with Mumbai Property Exchange, 12 of them to buy and 10 specifically for 2 BHK homes.
Developer's description ▾
Goregaon East market
prices, rents & ratesPrice vs locality
Goregaon East — resale, rent & yield
This project is quoted around ₹28,299/sqft — 22% below resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Property rates in Goregaon East
Upcoming projects & infrastructure in Goregaon East
take an informed decision74 MahaRERA projects are due to hand over in Goregaon East between 2026 and 2030; the nearest upcoming infrastructure to Satellite Elegance is the Goregaon-Mulund Link Road (GMLR), 1.3 km away (under construction · due 2028).
Supply is not evenly spread — one year carries about a third of it.
- 🚇Goregaon-Mulund Link Road (GMLR)Under construction · due 20281.3 km
- 🚇Line 3 AquaOpened 20252.9 km
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Goregaon East, then an advisor calls about your budget and configuration.
Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.
RERA record & possession
Buildings · 2 wings
287 unitsLocation
Construction progress
per MahaRERASee all 11 stages ▾
What you pay, and when
an exampleThis is just an example of the cash flows for buying a home, not a quote or a payment demand. Your agreement and the developer's schedule decide the actual amounts.
In an under-construction project, you don't pay everything on day one. Under the MahaRERA model agreement, the developer can only ask for money as each stage is finished: about 10% at booking, 30% at agreement, then more as the plinth, slabs, walls, fittings and lifts are done, and the last 5% at possession. The more a building is finished, the more you pay up front.
Example: 2 BHK · 710 sq ft at ₹1.95 Cr (the price recorded above).
- ✓ Plinth complete45% paid by then
- ✓ Slabs complete70% paid by then
- ○ Walls, plaster & flooring75% paid by then
- ○ Sanitary fittings80% paid by then
- ○ Staircases, lift wells & lobbies85% paid by then
- ○ Lifts, pumps, plumbing & elevation95% paid by then
- ○ Possession100%
With a home loan: banks usually fund up to 75% (₹1.46 Cr here), released stage by stage, so your own money is about ₹48.8 L plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹1.27 L/month (8.5%, 20 years).
Indicative only. Rates, GST (1% on affordable homes), loan eligibility and the stage schedule vary. Plan your cash flow with an advisor before you book.
💬 Talk through the numbers with an MPE advisorAmenities
10+2 more ▾
Talk to our MahaRERA advisor
Tell our MahaRERA advisor what you need and they'll guide you on this project.
💬 Ask about resale or rental optionsResale 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
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?
Satellite Elegance is sold out by the developer — resale flats here are listed from ₹1.5 Cr and rentals from ₹50,000 a month. These are current asking prices from live listings on MPE.
What configurations and carpet areas does Satellite Elegance offer?
2 BHK – 635 sq ft carpet; 2 BHK – 710 sq ft carpet.
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?
74 MahaRERA-registered projects in Goregaon East are due for possession between 2026 and 2030, 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.
