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The Top 50 Real State & Infra Company- RANK 7, Salarpuria, Sattva Bijay Agarwal, MD – REAL ESTATE

Cover Story

Salarpuria Sattva is strengthening its presence in commercial real estate, and targeting a commercial portfolio of 20 million sq-ft in the next two years. The Bengaluru-headquartered company also plans to shift focus to developing and selling plots of land, even as residential segment is crawling back to recovery.
The builder recently raised Rs 700 crore from American private equity firm Blackstone to develop two office parks in Hyderabad. With these the total development area under the Blackstone-Salarpuria Sattva platform increased to 13 million sq-ft in Hyderabad. In addition to the three underconstruction projects, both Blackstone Group and Salarpuria Sattva Group are looking for more such development and inorganic growth opportunities.
The company has 38 million sq-ft of projects across segments under construction and 30 million sq-ft on the drawing board.

 

The company has 38 million sq-ft of projects across segments under construction and 30 million sq-ft on the drawing board.

 

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Latest Issue

May 2020
11 May 2020