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Mumbai Realty

DGS Sheetal Elara: Lokhandwala redevelopment and launch update

DGS Group’s Sheetal Elara is a redevelopment project at Lokhandwala Circle in Andheri West, on the former Sneh and Sagar society site. As of October 2026, the developer says the inventory launched for sale was sold within about 45 days; the project’s reported 2 and 3 BHK configurations and indicative prices are subject to the project’s current documents and availability.

Realty News — DGS Sheetal Elara: Lokhandwala redevelopment and launch update
DeveloperDGS Group
LocationLokhandwala Circle, Andheri West, Mumbai
Project typeRedevelopment of the former Sneh and Sagar societies
Configurations2 and 3 BHK residences
Reported launch responseThe company says launched inventory sold within approximately 45 days
Reported indicative prices2 BHK from about ₹2.48 crore; 3 BHK from about ₹4.81 crore

Redevelopment at Lokhandwala Circle

Sheetal Elara, also referred to as Codename LV, is being developed on the site of the former Sneh and Sagar societies in Andheri West. A September 2026 company update placed the plot at approximately 3,000 square metres and put its development potential at around 2 lakh square feet. The project is part of DGS Group’s wider redevelopment activity in the Andheri-Lokhandwala belt.

The company said launched inventory sold within approximately 45 days of launch. That is a company-reported sales claim; the update did not state the number of homes sold or identify the launch date. Accordingly, the claim should not be read as confirmation that all project inventory has sold.

Homes, prices and timeline

Project material describes 2 and 3 BHK apartments. Indicative listings give a 2 BHK price range of about ₹2.48 crore to ₹3.46 crore and a 3 BHK range of about ₹4.81 crore to ₹5.70 crore. These are quoted prices, not a dated or all-inclusive price sheet; the material also gives varying area figures. Buyers should check the current unit-level cost sheet and agreement documents for the applicable carpet area, charges and availability.

Listings identify MahaRERA number PM1180002600875 and show December 2030 as the possession timeline. The project’s status labels differ across market listings, so the sales claim alone does not establish current construction progress or remaining inventory.

Locality context

The project is located at Lokhandwala Circle in Andheri West, an established residential area. Project listings identify nearby metro and road connections, including Lower Oshiwara Metro Station and Link Road. The September update also places Sheetal Elara within a wider redevelopment pipeline in the neighbourhood, where DGS Group says it has approximately 20 lakh square feet of construction committed across its portfolio.

Frequently asked questions

Where is DGS Sheetal Elara?

It is at Lokhandwala Circle in Andheri West, Mumbai, on the former Sneh and Sagar society site.

What apartment configurations are described?

Project material describes 2 and 3 BHK residences.

What prices have been reported?

Indicative listings quote about ₹2.48 crore to ₹3.46 crore for 2 BHK homes and about ₹4.81 crore to ₹5.70 crore for 3 BHK homes. These are not confirmed as current all-inclusive prices.

What possession timeline is reported?

Listings give December 2030 as the possession timeline.

Has the project sold out?

The company reported that launched inventory sold within approximately 45 days. Its update did not say that all project inventory sold.

What is the project’s MahaRERA number?

Project listings identify the number as PM1180002600875.

Sources

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