Matunga · Mumbai
Sumit Atulyam
Bhagat Lane, Matunga · by Sumit Group
Updated Oct 2026
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The story at a glance
At a glance
swipe →A first look at Sumit Atulyam
Sumit Atulyam is a residential project on Bhagat Lane, Matunga, Mumbai 400016. It is registered with MahaRERA under P51900030966. Sumit Atulyam is sold out by the developer; ask MPE for resale or rental flats in this building. The project has 43 units across 2 buildings of up to 26 floors. It offers 2 & 3 BHK homes with carpet areas of 670–1,141 sq ft. MahaRERA proposed possession: Dec 2024.
Ask an advisor to check current resale or rental availability.
Unit configurations filed with MahaRERA (3)
Sumit Atulyam floor plans
2
Floor plans are indicative, as shared by the developer, and subject to change.
About Sumit Atulyam
Location
Sumit Atulyam stands on Bhagat Lane in Matunga, Mumbai 400016, in the Mumbai City district. Across 42 recent resale listings on MPE, homes in Matunga have a median asking rate of ₹49,500 per sq ft, and a 2 BHK typically rents for about ₹85,000 a month.
MahaRERA record
The MahaRERA registration number is P51900030966. The registered promoter is Sumit Matunga Builders Private Limited. The filing lists 2 wings: Sumit Atulyam Phase I Wing A Wing and Wing B upto over 26 floors; Wing B, 18th to 21st Floo over 5 floors. Per the registration, the project escrow account is with HDFC.
Homes and prices
Homes on offer are 2 BHK of 670–831 sq ft at ₹3.88 Cr–₹4.92 Cr; 3 BHK of 1,141 sq ft at ₹6.85 Cr (carpet area), as on 09 Jul 2026. That works out to about ₹57,900–₹60,000 per sq ft of carpet, 20% above 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 69%, services at 54%. Proposed possession is Dec 2024.
Developer track record
Sumit Group has 27 projects tracked on Mumbai Property Exchange, 20 of them delivered (ready or sold out). Other projects by the same developer include Sumit Casa, Sumit Bhakti, Sun Sumit Naomi Ark.
Buyer demand in Matunga
In the last 90 days, buyers and tenants registered 12 requirements for Matunga with Mumbai Property Exchange, 7 of them to buy and 6 specifically for 2 & 3 BHK homes.
Developer's description ▾
Matunga market
prices, rents & ratesMatunga — resale, rent & yield
This project is quoted around ₹59,050/sqft — 19% above resale here.
From MPE live listings, last 18 months · Mumbai price index ›
Upcoming projects & infrastructure in Matunga
take an informed decision29 MahaRERA projects are due to hand over in Matunga between 2027 and 2031.
Supply is not evenly spread — one year carries about a third of it.
Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Matunga, 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
Location
Construction progress
per MahaRERASee all 14 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 · 831 sq ft at ₹4.92 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% (₹3.69 Cr here), released stage by stage, so your own money is about ₹1.23 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 ₹3.20 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 declared to MahaRERA
7Members' lens
The developer's full amenity list, views and home features
From the builder's brochure and the homes we have listed here. The list above is what was declared to MahaRERA.
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💬 Ask about resale or rental optionsResale Flats for Sale in Matunga
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Frequently Asked Questions
Where is Sumit Atulyam located?
Sumit Atulyam is on Bhagat Lane, Matunga, Mumbai 400016.
What is the price of Sumit Atulyam?
Sumit Atulyam is sold out by the developer; ask MPE for resale or rental flats in this building.
What configurations and carpet areas does Sumit Atulyam offer?
2 BHK – 670 sq ft carpet; 2 BHK – 831 sq ft carpet; 3 BHK – 1,141 sq ft carpet.
When is possession of Sumit Atulyam?
As per MahaRERA, proposed possession is Dec 2024.
Is Sumit Atulyam RERA-registered?
Yes — MahaRERA registration P51900030966.
How many units does Sumit Atulyam have?
MahaRERA records 43 units across 2 buildings, up to 26 floors.
Who is the developer of Sumit Atulyam?
Sumit Group — 27 projects tracked on Mumbai Property Exchange. View their track record ▸
How many new projects are coming up in Matunga?
29 MahaRERA-registered projects in Matunga are due for possession between 2027 and 2031, as per MahaRERA registrations. Timelines 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.
