Sattva Group Bengaluru Secures 8.5-Acre Land for Expansion: A Milestone in Commercial Real Estate

In a strategic move to strengthen its commercial real estate footprint, Sattva Group Bengaluru has acquired an 8.5-acre land parcel in the city’s Export Promotion Industrial Park (EPIP). The transaction, valued at approximately INR 300 crore, was secured from a high-net-worth individual and marks a significant addition to the group’s burgeoning portfolio.

Prime Location with Massive Development Potential

The acquired campus includes an operational facility with a built-up area of 1,88,000 sq. ft., alongside future development potential of up to 1.2 million sq. ft. Additionally, it features a data centre with a capacity of 35 MW, catering to Bengaluru's growing demand for data infrastructure. The EPIP zone’s prominence as a leading industrial and business hub further amplifies the strategic value of this acquisition.

A Strategic Step in Bengaluru’s Booming Real Estate Market

Sattva Group’s move aligns with its long-term growth strategy in Bengaluru, a city witnessing exponential growth in commercial real estate. The company’s acquisition demonstrates the continued interest of top developers in prime properties offering both immediate and future growth opportunities.

Strengthening REIT Aspirations with Blackstone Partnership

This acquisition comes as Sattva Group gears up to consolidate its office assets for India’s largest Real Estate Investment Trust (REIT) in collaboration with global investment firm Blackstone. With plans to include around 50 million sq. ft. of office space, the REIT is set to position Sattva as a leading player in India’s commercial real estate market.

Impressive Asset Portfolio Across Bengaluru and Hyderabad

In partnership with Blackstone, Sattva Group currently holds 32 million sq. ft. of real estate assets, including 20 million sq. ft. of completed projects in Bengaluru and Hyderabad. The group’s growing portfolio underscores its commitment to driving innovation and delivering value across India’s key business hubs.

Continued Expansion Amidst Rising Commercial Demand

The acquisition reflects Sattva Group Bengaluru's confidence in the city’s thriving commercial real estate landscape. With demand for high-quality office spaces and data centres surging, this move positions the group to cater to emerging market needs while reinforcing its industry leadership.

Highlights

• Strategic Acquisition: 8.5-acre land parcel in Bengaluru’s EPIP zone for INR 300 crore.
• Existing Infrastructure: Includes 1,88,000 sq. ft. operational unit and 35 MW data centre.
• Future Development: Potential to develop up to 1.2 million sq. ft. of additional space.
• Location Advantage: Situated in Bengaluru’s prominent industrial and business hub.
• REIT Plans: Consolidating assets for India’s largest REIT with 50 million sq. ft. office space.
• Partnership with Blackstone: Managing 32 million sq. ft. of real estate assets in Bengaluru and Hyderabad.
• Market Leadership: Strengthening presence in India’s commercial real estate sector.

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