Sattva Group Plans Ambitious Expansion with Rs 12,000-14,000 Crore Investment in Next 3 Years
Bengaluru-based Sattva Group is set to invest a massive Rs 12,000-14,000 crore in the next three years to build housing, office, and hotel projects...
Sattva GroupReal EstateInfrastructureHousing MarketReitBlackstoneReal Estate NewsJun 25, 2024
With a track record of completing 140 projects comprising 80 million square feet area in the last 30 years, Sattva Group is bullish on the real estate market. The company has around 23 million square feet of area under construction and 65 million square feet in the pipeline.
Sattva Group Managing Director Bijay Agarwal said, \
Frequently Asked Questions
What is Sattva Group's investment plan for the next three years?
Sattva Group plans to invest Rs 12,000-14,000 crore over the next three years to build housing, office, and hotel projects.
What is the demand like in the residential segment post-Covid pandemic?
The demand for the residential segment has been very strong post-Covid pandemic.
What are Sattva Group's plans for its co-working and co-living businesses?
Sattva Group plans to list its coworking and coliving businesses on stock exchanges in the next 2-3 years by launching public issues.
What is the status of Sattva Group's hotel business?
Sattva Group has two hotels in Kolkata with around 620 keys and is developing Taj Luxury Resort in Bengaluru with 294 keys and 60 villas.
What is Sattva Group's annuity income growth expectation for this fiscal year?
The company is expecting 20% growth in annuity income this fiscal year.
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