Group Satellite hands over 132 rehab units at Malad under SRA scheme

Mr. Sunil Prabhu congratulates Group Satellite for timely delivery

 by Suman Gupta

Mumbai,February 2021: Group Satellite, one of Mumbai’s reputed real estate developers, today handed over 132 units of SaiKrupa S.R.A Sahkari Gruhanirman Society – Ltd., built under the Slum Rehabilitation Authority (SRA) scheme. On this momentous occasion, Mr. Ankur Jain, Group – CEO, Group Satellite, handed over the units to the residents in Malad East. Also present at the event were eminent dignitaries like Mr. Sunil Prabhu (MLA, Dindoshi Assembly Constituency), Mr. Suhas Wadkar (Deputy Mayor of Mumbai), Mr. Amol Kirtikar (General Secretary, Yuva Sena) along with other dignitaries.

The SRA tower ‘SaiKrupa S.R.A Sahkari Gruhanirman Society – Ltd.’ is developed by Group Satellite and it consists of 132 units. The 1 BHK apartments of 300 sqft carpet area situated in a prime location in Malad East, the SRA tower is a part of Group Satellite’s flagship project Aarambh. The project is constructed using the conventional method of brick & mortar and is ISO 9001:2005 Certified.

Commenting on this occasion Mr. Ankur Jain, Group – CEO, Group Satellite said, “We believe in the ability to sculpt better lives by designing and crafting exceptional homes that sets us apart. We have managed to complete the project within the stipulated timeline of within 2 Years as promised and committed. We look forward to ensuring that the families who are currently living in slums of Mumbai easily adapt to their new lifestyle.”

Mr. Sunil Prabhu, MLA from Dindoshi Assembly Constituency congratulated Group Satellite for successfully delivering the project in the stipulated timeframe. He said, “I am truly delighted to see that the developer has delivered the finest quality of rehabilitation housing within the guidelines of the Slum Rehabilitation Authority (SRA) and I wish all the families’ good luck for their new upgraded home.”

Malad is among the top preferred suburban location in Mumbai and is evolving significantly to become a residential hub in Mumbai.  Situated in close proximity to various schools, banks, hospitals, and supermarkets, the project is well connected by excellent roads to all prime locations of Malad and adjacent suburbs.

About Group Satellite: Since 1970, Group Satellite have been in the business of developing the landscape of real estate in Mumbai. They believe that trust, transparency and confidence in delivery are the key drivers of value in real estate development. With over half a century in existence, Group Satellite have successfully delivered more than 62 projects spread across 5 million sq.ft. assuring high-end product quality and 100% customer satisfaction.

Between their development management, contracting and PMC and infrastructure management arms, the Group is well-positioned to deliver a set of integrated products and services in the real estate market in Mumbai.

Group Satellite has also shown its ability to operate across segments and sectors with their developments at Nepean Sea Road, Worli, Andheri and the deeper Western Suburbs. With their expertise in designing and construction, they have developed large A1 commercial complexes like Solitaire Corporate Park, Satellite Gazebo, etc. along with Mumbai’s most luxurious apartments – Vandan and Sesen. The firm have successfully delivered projects like Satellite Tower, Satellite Royale, etc. in Goregaon.

In 2018, Group Satellite have forayed in affordable homes market through its project, Aarambh by developing one of the Mumbai’s most affordable first-homes designed especially for first-time home buyers. There are very limited projects that fall under affordable housing within the city limits and Aarambh being one of the remarkable projects located in Mumbai’s bustling western suburb of Malad is the finest residential space for the customers in affordable range.

Group Satellite provides flexibility on buying a property based on the consumer’s demand, making the brand unique in terms of core competencies and have positioned to deliver value across the city.