Group Satellite launches flagship affordable housing project “Aarambh” in Mumbai

Real estate developer, Group Satellite launched its first affordable housing project in Malad East named ‘Aarambh.’ Aarambh has 1000 units starting at Rs 45.45 lacs for a 1-BHK with 2 bathrooms, 11.8 ft ceiling heights, a flexi-loft and curated amenities. The developer said that this project was aimed at first time home owners, growing families and aspirational young couples. It is an initiative aimed at catering to Mumbai’s underserved with good quality housing at affordable prices, it said in a release. Speaking at the launch of the project, Mr. Sarjan Shah, Managing Director, Group Satellite said, “We are very excited by the launch of Aarambh, clearly Mumbai’s most inexpensive new homes - we’ve worked hard on product design and curated financial plans to make home-ownership a dream come true for a new segment of Mumbaikars. We’ve got an overwhelming response from lacs of Mumbaikars who never thought they could own a home in Mumbai. Our site is lined up with hundreds of people every day whose dreams of buying a home in Mumbai have been fulfilled by Group Satellite.” The Group has delivered 50 lac sq. ft. since it was found in 1971 that includes 62 commercial and residential projects. During this time, despite a challenging market and regulatory environment, the Group has earned, maintained and enjoyed the confidence of all leading banks, institutions, MNCs and hundreds of satisfied customers.