Salarpuria Sattva traces its origins to Bengaluru, where the group acquired its first plot in 1993 and has since grown into one of the country's more diversified property developers. Built on the bedrock of 30+ years of trust, innovation and knowledge-leadership, the Sattva Group is one of India's leading Property Development, Management and Consulting organizations in India. The group has expanded operations to Bengaluru, Hyderabad, Pune, Coimbatore, Kolkata, Jaipur, Goa, and Mumbai. Across that footprint, the group has a track record of successfully delivering 142 projects and over 69 million sq ft of completed space, establishing itself as one of the most diversified developers in the country. Pune sits within this eight-city network, and the group's approach here follows the same pattern seen elsewhere: a mix of Grade-A commercial space and residential apartment communities placed close to established employment and transit corridors.
Salarpuria Sattva's first visible mark on the city came through commercial real estate. Salarpuria Sattva Techpoint is located in Kharadi, Pune East, well connected by Nagar Road, and spread across 2.77 acres, with the project already ready to move. That commercial groundwork in one of Pune East's established office corridors set the template the group later carried into residential development on the other side of the city, in Kondhwa, in south Pune.
HM Royal is the residential project through which Salarpuria Sattva is present in south Pune. It is the new phase of a residential apartment enclave launched in Kondhwa, featuring five new towers and the group's premium living segment, offered in spacious 1, 2, and 3 BHK configurations. The new towers are not a standalone launch but an extension of an established base — the project builds on an already thriving 600-family strong community at HM Royal in Kondhwa, at the heart of south Pune. The address sits at HM Royal 3A building, Kondhwa Budruk, Kondhwa Road, Kondhwa, Pune, Maharashtra 411048, and the current phase carries MahaRERA registration P52100028047.
On amenities, the project is positioned with a full recreational stack: a fully equipped clubhouse, landscaped gardens, gymnasium, swimming pool, recreation rooms, indoor gaming area, outdoor sports courts, children's play area, spa sauna, party hall, and 24/7 security. Pricing for the current phase has been reported at an average of roughly ₹7,400 per sq ft, with completion expected around December 2026, positioning it within the broader band seen across Kondhwa's apartment market.
Across its home markets, Salarpuria Sattva has generally sought locations with existing social infrastructure rather than purely speculative frontier suburbs, and Kondhwa fits that description for Pune. The location is off Pisoli Road, close to Katraj, Kothrud, and Handewadi, within a township tailored for families and within 20 minutes of a dozen quality schools, colleges, hospitals, and malls or multiplexes. Nearby landmarks include D-Mart, the Tyni Audyogic Wasahat, NIBM, and Royale Heritage Mall. The broader NIBM Road corridor immediately adjoining Kondhwa reinforces this: schools such as Delhi Public School, Bishop's School, and RIMS International School serve the area, alongside hospitals including Ruby Hall Clinic in Wanowrie, Inamdar Hospital, and Lifeline Hospital. For daily commuting, the road network links residents to the Pune-Solapur Highway, Pune-Bengaluru Highway, and MG Road, with convenient access to employment hubs like Magarpatta City, SP Infocity, and Kharadi.
Market trackers place south Pune, including Kondhwa, NIBM Road, and Undri, in a distinct category from the IT-corridor west or the airport-adjacent east: it has built its reputation on complete neighbourhood character — reputed schools, hospitals, parks, and the kind of social infrastructure that buyers who intend to actually live in their homes prioritise over pure price appreciation. Within that zone, apartment prices in Kondhwa typically range from roughly ₹5,500 to ₹7,500 per sq ft, giving HM Royal's pricing a comparable footing with the immediate micro-market.
Two projects specific to this stretch of the city are relevant to how HM Royal's location will be used over the medium term. The Katraj-Kondhwa road widening project has seen significant progress, with a separate allocation of ₹100 crore made for the corridor in the PMC's 2026-27 budget, and separately a six-lane flyover at the congested Katraj junction near the zoo, built by NHAI, is planned for operational status by June 2026, allowing through traffic toward Kondhwa and the Mumbai-Bengaluru bypass to skip the bottleneck entirely. On rail transit, Maha Metro has confirmed that groundwork for a proposed 20 km elevated corridor from Shivajinagar to Yewalewadi, passing through Kondhwa, is underway, with an additional spur connecting NIBM to Undri, targeting completion by 2030-31. Together, these projects give Kondhwa a longer runway of infrastructure delivery than many established south Pune pockets already enjoy.
Buyers evaluating a Salarpuria Sattva address are also, in effect, evaluating the balance sheet and delivery discipline behind the group's other verticals. Sattva has maintained a stable A-plus rating from CRISIL since 2010, and stands as the largest development partner of global private equity firms Blackstone and Apollo Global Management. In Hyderabad, its largest commercial market, the group has assembled over 25 million sq ft of commercial space, anchored by Sattva Knowledge City in Raidurg, a campus housing global enterprises including JPMorgan Chase, Microsoft, Oracle, Goldman Sachs, and Novartis. Beyond core development, the portfolio spans residential apartments, villas, plotted developments, Grade-A commercial offices, IT and tech parks, retail, co-living with roughly 18,000 beds, co-working across 4 million sq ft, warehousing, data centres, and education through the Greenwood High International chain of schools. That range of recurring-income businesses, sitting alongside project delivery, is part of what a Pune buyer is implicitly weighing when considering an HM Royal apartment in Kondhwa.