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Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
Primary inventory recordedMahaRERA PM1170002502568

Parel · Mumbai

Sattva Sumera

Jerbai Wadia Road, Parel · by Sattva Group (ALPERTON DEVELOPERS AND CONTRACTORS PRIVATE LIMITED)

Updated Oct 2026

🗺 View on map · schools, metro & distances
Sattva Sumera, Parel, Mumbai — new project, possession Dec 2031 | Mumbai Property Exchange, Sandeep Sadh 98200 30685
Sattva Sumera, Parel
Project card by Mumbai Property Exchange · tap to open and share

The story at a glance

Sandeep Sadh, Mumbai Property Exchange
Sandeep Sadh · Founder, Mumbai Property Exchange
MahaRERA A51800043517 · in Mumbai real estate since 1995
509
Units
2032
Possession
1
Buildings
Certificate Signed
Status

At a glance

swipe →
Price check
₹42,053/sq.ft
₹42,800₹54,400
Below the usual range for homes for sale in Parel (373 listings).
Area price trend
₹50,900/sq.ft
+5.8% since Q2 25 · asking rate for homes in Parel
Who's looking
25 requests
People asked us for Parel in the last 90 days — 7 to buy.
Getting around
  • Worli-Sewri Connector0.7 km
  • MTHL / Atal Setu1.1 km
  • Line 11 Green1.2 km

A first look at Sattva Sumera

Sattva Sumera is a residential project on Jerbai Wadia Road, Parel, Mumbai. It is registered with MahaRERA under PM1170002502568 (registered 2026-03-02). The project has 509 units across 1 building of up to 66 floors. It offers 2 & 3 BHK homes with carpet areas of 760–1,507 sq ft, priced ₹3.25 Cr–₹6.34 Cr as on 24 Sep 2026 (indicative). The quoted rate is about ₹42,100 per sq ft. MahaRERA proposed possession: Apr 2032, revised to Dec 2031.

Primary inventory recorded.

Ask an advisor to verify current developer inventory and price.

Availability & Pricing

TypeCarpetPriceAvail
2 BHK760 ft²₹3.25 Cr—
2 BHK832 ft²₹3.5 Cr—
3 BHK1118 ft²₹4.7 Cr—
3 BHK1507 ft²₹6.34 Cr—

Prices as on 24 Sep 2026. Approximate pricing as on that date. Prices are indicative, subject to change and to reconfirmation with the developer.

💬 Request latest price on WhatsApp

About Sattva Sumera

Location

Sattva Sumera stands on Jerbai Wadia Road in Parel, Mumbai, in the Mumbai City district. Across 373 recent resale listings on MPE, homes in Parel have a median asking rate of ₹48,200 per sq ft, and a 2 BHK typically rents for about ₹1.5 Lac a month.

MahaRERA record

The MahaRERA registration number is PM1170002502568, issued on 2 March 2026. The registered promoter is Alperton Developers And Contractors Private Limited. The filing lists 1 wing: WING A with 509 units over 66 floors.

Homes and prices

Homes on offer are 2 BHK of 760–832 sq ft at ₹3.25 Cr–₹3.5 Cr; 3 BHK of 1,118–1,507 sq ft at ₹4.7 Cr–₹6.34 Cr (carpet area), as on 24 Sep 2026. That works out to about ₹42,000–₹42,800 per sq ft of carpet, 13% 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 17%, structure at 0%, finishing at 0%, services at 0%. Proposed possession is Apr 2032, revised to Dec 2031.

Buyer demand in Parel

In the last 90 days, buyers and tenants registered 25 requirements for Parel with Mumbai Property Exchange, 7 of them to buy and 7 specifically for 2 & 3 BHK homes.

Parel market

prices, rents & rates

Price vs locality

₹42,053
/sqft · Parel rate-band mid-point ₹82,500
49% below mid-point

Parel — resale, rent & yield

Resale
₹48,200/sqft
median · 373 listings
Rent
₹166.7/sqft/mo
2 BHK ~₹150,000/mo
Gross yield
4.2%/yr
rent vs resale value

This project is quoted around ₹42,053/sqft — 13% below resale here.

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

Property rates in Parel

Residential · Sale
₹60,000–105,000/sqft
Commercial · Sale
₹75,000–110,000/sqft
2 BHK · Rent
₹165,000–275,000/mo

Upcoming projects & infrastructure in Parel

take an informed decision

10 MahaRERA projects are due to hand over in Parel between 2027 and 2031; the nearest upcoming infrastructure to Sattva Sumera is the Worli-Sewri Connector, 0.7 km away (under construction · due 2026).

10
MahaRERA projects handing over in the next 5 years
in Parel
₹49,100/sqft▼
typical asking price
easing this quarter
₹28,600/sqft
ready reckoner rate (government) · carpet
2025-26 · highest govt zone rate in the area, shown per sq ft carpet · stamp duty is charged on the higher of this and the deal value
New projects in Parel by possession year
5
2027
0
2028
2
2029
1
2030
2
2031

Supply is not evenly spread — one year carries almost half of it.

Metro & infrastructure near Sattva Sumera
  • 🛣️Worli-Sewri ConnectorUnder construction · due 20260.7 km
  • 🌉MTHL / Atal SetuOpened 20241.1 km
  • 🚇Line 11 GreenApproved1.2 km
  • 🚇Line 4 GreenUnder construction · due 20271.9 km
  • 🚇Line 3 AquaOpened 20253.4 km
📜 1,756 registered transactions (IGR) on record in Parel. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Parel prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Parel, 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

Possession (proposed)
Apr 2032
Possession (revised)
Dec 2031
MahaRERA No.
PM1170002502568
Data last updated
Oct 2026
Registered
2026-03-02
Escrow Bank
—
Architect
—
Total FSI
—

Buildings · 1 wing

509 units
SATTVA SUMERA - WING A · 66 fl · 509 u

Location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Neighbourhood around Sattva Sumera

Sattva Sumera in Parel is 0.9 km from Ambedkar Nagar metro station, 0.4 km from Sewri railway station, 0.6 km from Baradevi Municipal School and 0.5 km from Municipal TB Hospital.

  • Ⓜ Metro stationAmbedkar Nagar0.9 km
  • Ⓜ Metro stationNaigaon1.0 km
  • 🚉 Railway stationSewri0.4 km
  • 🏫 SchoolBaradevi Municipal School0.6 km
  • 🏫 SchoolDnayneshwar Vidyalaya0.7 km
  • 🏥 HospitalMunicipal TB Hospital0.5 km
  • 🏥 HospitalTata Memorial Hospital1.1 km
  • 🎓 CollegeDr.Ambedkar College1.4 km
  • 🛍 MallNakshatra Mall2.3 km
  • 🌳 ParkJoggers Park0.4 km

Straight-line distances from the project; road distance is longer. Places from OpenStreetMap. See them on the map →

Construction progress

per MahaRERA
Foundation17%
Structure0%
Finishing0%
Services0%
See all 11 stages ▾
Excavation85%
Basement (if any)0%
External plumbing and external plaster, elevation, completion of terr…0%
Installation of Lifts, water pumps, Fire Fighting Fittings and Equipm…0%
Internal walls, Intemal Plaster, Floorings, Floors and windows within…0%
Plinth0%
Podiums (if any)0%
Sanitary Fittings within the flats / premises0%
Slabs of Super Structure0%
Staircases, Lifts Wells and Lobbies at each Floor level Overhead and …0%
Stilt Floor0%

What you pay, and when

an example

This 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: 3 BHK · 1118 sq ft at ₹4.70 Cr (the price recorded above).

Due soon after booking~₹1.41 Cr30%, stages already done
Balance till possession~₹3.29 Crover about 62 months
Stamp duty + GST~₹28.2 L + ₹23.5 L6% + 5%, plus ~₹30,000 registration
  1. ○ Plinth complete45% paid by then
  2. ○ Slabs complete70% paid by then
  3. ○ Walls, plaster & flooring75% paid by then
  4. ○ Sanitary fittings80% paid by then
  5. ○ Staircases, lift wells & lobbies85% paid by then
  6. ○ Lifts, pumps, plumbing & elevation95% paid by then
  7. ○ Possession100%

With a home loan: banks usually fund up to 75% (₹3.52 Cr here), released stage by stage, so your own money is about ₹1.18 Cr plus stamp duty and GST. Until possession you pay interest only on what the bank has released; after that the full EMI is roughly ₹3.06 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 advisor

Amenities

30
Swimming PoolKids Play AreaGardenClubhouseIndoor GamesMultipurpose HallMini TheatreLibrary
+22 more ▾
Party LawnGymnasiumJogging TrackYoga RoomSpaSports CourtCCTV24x7 SecurityVideo Door PhoneFire SafetyIntercomGated CommunityModern ElevatorsAC LiftsPower BackupParkingVisitor ParkingSenior Citizen AreaEV ChargingVitrified TilesConcealed WiringConcealed Plumbing

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 (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Resale Flats for Sale in Parel

4

Flats for Rent in Parel

4

Commercial for Sale in Parel

1

Commercial for Lease in Parel

2

Commercial Projects in Parel

Compare SATTVA SUMERA with similarly priced projects nearby

MahaRERA projects nearby in Parel

Frequently Asked Questions

Where is Sattva Sumera located?

Sattva Sumera is on Jerbai Wadia Road, Parel, Mumbai.

What is the price of Sattva Sumera?

2 & 3 BHK homes are priced ₹3.25 Cr–₹6.34 Cr as on 24 Sep 2026, about ₹42,100 per sq ft. Prices are indicative and subject to reconfirmation with the developer.

What configurations and carpet areas does Sattva Sumera offer?

2 BHK – 760 sq ft carpet at ₹3.25 Cr; 2 BHK – 832 sq ft carpet at ₹3.5 Cr; 3 BHK – 1,118 sq ft carpet at ₹4.7 Cr; 3 BHK – 1,507 sq ft carpet at ₹6.34 Cr.

When is possession of Sattva Sumera?

As per MahaRERA, proposed possession is Apr 2032, revised to Dec 2031.

Is Sattva Sumera RERA-registered?

Yes — MahaRERA registration PM1170002502568, registered 2026-03-02.

How many units does Sattva Sumera have?

MahaRERA records 509 units across 7 buildings, up to 66 floors.

Who is the developer of Sattva Sumera?

Sattva Group (ALPERTON DEVELOPERS AND CONTRACTORS PRIVATE LIMITED) — 1 projects tracked on Mumbai Property Exchange. View their track record ▸

How many new projects are coming up in Parel?

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

What metro and infrastructure is near Sattva Sumera?

Worli-Sewri Connector — under construction · due 2026, 0.7 km away; MTHL / Atal Setu — opened 2024, 1.1 km away; Line 11 Green — approved, 1.2 km away; Line 4 Green — under construction · due 2027, 1.9 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.

How far is Sattva Sumera from the nearest metro and railway station?

Sattva Sumera is about 0.9 km from Ambedkar Nagar metro station and 0.4 km from Sewri railway station (straight-line distance; road distance is longer).

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 2026-10-08). 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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