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.
Related News Articles
Optimism in Real Estate Stocks Remains Despite Government's Indexation Benefit Axing
Mutual funds remain positive on real estate stocks despite the government's decision to reduce long-term capital gains tax and abolish indexation benefits.
Missing Realty Agent Case in Navi Mumbai Takes a Dark Turn
Raigad police found the body of Sumit Jain, one of two missing Nerul real estate agents, in Pen taluka, sparking a massive investigation.
Assessing the Valuation of Nifty IT Companies: A Closer Look at Coforge and Persistent
We examine the current valuation of Nifty IT companies, focusing on midcap IT stocks like Coforge and Persistent, and their potential for investment.
Ambarish Jethwani Wins Prestigious Real Estate Icon UAE Award
Ambarish Jethwani, CEO of a leading real estate firm, was honored as the Best Real Estate Icon UAE at a prestigious industry event. The award recognizes his outstanding contributions to the real estate sector in the United Arab Emirates.
SP Group Secures Rs 22,000 Crore in Private Rupee Credit
SP Group is set to raise the largest private rupee credit of Rs 22,000 crore, aimed at repaying loans of its real estate and infrastructure projects. This substantial fundraise highlights the group’s commitment to strengthening its financial position and
Pune's Office Leasing Surges in Q1 2025, Exceeding 1.3 Million Square Feet
Pune's office leasing market witnessed a significant boost in the first quarter of 2025, recording over 1.3 million square feet of leasing activity. This growth marks a substantial year-on-year increase, with major contributions from sectors like IT, BFSI, and manufacturing. Pune continues to attract investors and businesses, solidifying its position as a key player in India's real estate landscape.