Sattva Group Launches ₹1,500 Crore Mixed-Use Project in Visakhapatnam
Bengaluru-based real estate developer Sattva Group is set to invest ₹1,500 crore in a 30-acre mixed-use project in Visakhapatnam, Andhra Pradesh. The project, named Sattva Vantage Vizag Campus, will include Grade A offices, premium homes, and sustainable urban infrastructure.
Real EstateMixeduse ProjectVisakhapatnamSattva GroupSustainable InfrastructureReal Estate MumbaiJul 10, 2025
The announcement follows a high-level meeting between Sattva Group and Nara Lokesh, Andhra Pradesh’s Minister for Information Technology, Electronics and Communications, on July 8. According to the statement issued by Sattva, the group acknowledged the Minister’s leadership and vision to transform Vizag into a premier IT and innovation hub.
Once operational, the campus is expected to generate over 25,000 direct employment opportunities, accelerating the socio-economic development of the region. “We are proud to partner with Andhra Pradesh in shaping the future of Visakhapatnam,” Sattva Group said in a statement. “This campus will not only offer world-class infrastructure but also support inclusive economic growth and vibrant urban living.”
Overall, Sattva Group plans to clock ₹6,000 crore in home sales for FY26, up from ₹3,500 crore in the previous fiscal, Sattva Group MD Bijay Agarwal previously told HT.com. The real estate developer plans to launch around 18 million sq ft of residential space by the end of the financial year across key cities including Bengaluru, Hyderabad, and Goa.
Of this, 2.3 million sq ft has already been launched, while more than 11 million sq ft is currently under construction. To date, we have delivered over 31 million sq ft of homes across about 50 residential projects across cities. The steady year-on-year growth is being driven by a combination of strong project execution and timely launches in high-demand micro-markets, Agarwal said.
Frequently Asked Questions
What is the total investment for the Sattva Vantage Vizag Campus?
The total investment for the Sattva Vantage Vizag Campus is ₹1,500 crore.
What are the key components of the Sattva Vantage Vizag Campus?
The key components of the Sattva Vantage Vizag Campus include Grade A office spaces, premium residential units, and integrated urban infrastructure focused on sustainability and smart living.
How many direct employment opportunities is the project expected to generate?
The project is expected to generate over 25,000 direct employment opportunities.
What is Sattva Group's target for home sales in FY26?
Sattva Group aims to clock ₹6,000 crore in home sales for FY26.
How much residential space does Sattva Group plan to launch by the end of the financial year?
Sattva Group plans to launch around 18 million sq ft of residential space by the end of the financial year.
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