Sattva Group Unveils 50-Acre 15-Minute City in North Bengaluru
Sattva Group has unveiled Sattva City, a 50-acre residential development in North Bengaluru, with an estimated gross development value (GDV) of over ₹8,600 crore. The company announced this significant project on March 24, highlighting its vision of creating a self-sustained '15-minute city'.
The project will see nearly 2,500 units developed in its first phase, offering a mix of 2 and 2.5 BHK homes, along with larger 3 and 3.5 BHK residences, and select 4 BHK units, including exclusive penthouses. While the project cost has not been disclosed, the total revenue potential is expected to exceed ₹8,600 crore.
A key highlight of Sattva City is its emphasis on open spaces. Approximately 84% of the 50-acre development is dedicated to green and landscaped areas, translating to over 42 acres of open space for residents. This focus on greenery and open areas is designed to create a sense of scale and openness, which is rare for a development of this size.
Bijay Agarwal, Managing Director of Sattva Group, commented, “We identified this land years ago with the vision of creating a city-scale community for Bengaluru as the airport corridor began emerging as one of the city’s most important growth regions. Nearly 84% of Sattva City is dedicated to open and green spaces, creating a sense of scale and openness that is rare for a development of this size.”
Sattva Group, a Bengaluru-based leading real estate developer, has a strong track record of delivering high-quality projects. The company has delivered 80 million sq ft of real estate space and has over 71 million sq ft under construction across multiple cities. The Group is also listed as a real estate investment trust 'Knowledge Realty Trust (KRT)' on stock exchanges, co-sponsored with Blackstone.
The launch of Sattva City is a significant step in Sattva Group’s strategic expansion and commitment to sustainable, community-focused development. The project is expected to set new standards in residential living, combining modern amenities with a strong emphasis on environmental sustainability and community well-being.
