Salarpuria Sattva — operating today as Sattva Group, headquartered in Bengaluru — is one of the developers most closely identified with the physical build-out of HITEC City. Founded in 1986, the Salarpuria Sattva Group has grown into one of the most famous builders in the country today, and it has a formidable presence in Bangalore, where it is headquartered, and is also a well-known name in Kolkata, Pune, Jaipur, Vizag and Hyderabad. In Hyderabad specifically, the group's identity is inseparable from HITEC City and the adjoining Raidurg pocket, where it has developed one office campus after another over more than a decade.
Any understanding of Salarpuria Sattva in Hyderabad begins with Knowledge City, set up on an expansive 172 acres of land along the IT corridor of Hyderabad — Madhapur — one of the biggest IGBC Platinum-rated Green Tech Parks in the country. Developed with a total potential of up to 6 million sq ft of office space, this large IT business park allows occupiers to expand without operational disruption. The tenant roster reads like a checklist of the global corporations that define Hyderabad's IT economy: Salarpuria Sattva Knowledge City houses a strong lineup of global enterprises including JP Morgan Chase, Microsoft, Oracle, Goldman Sachs, PwC, Apple, Gartner, Novartis, and Blue Yonder. Individual parcels within the campus carry their own blue-chip occupier lists — Parcel 3, Orwell, counts Microsoft India R&D, Siemens EDA, KPMG India, Synchrony International Services, State Street Corporate Services, and ServiceNow among its tenants, while the Knowledge Capital tower has hosted Google India as its current occupier.
Beyond Knowledge City, the group's HITEC City portfolio includes Cyber Park, Cybertech Park, Knowledge Park (Towers 1 and 2), and Image Tower — a cluster of Grade A commercial addresses that collectively span millions of square feet. Knowledge Park Tower 1 alone is currently occupied by Bosch Global Software Technologies, NB Healthcare Technologies, CBRE, Appen AI India, Invisalign India, Grid Dynamics and Castlight Health, illustrating the depth of MNC and GCC demand the group's buildings continue to attract in this corridor.
The performance numbers behind these buildings explain why Salarpuria Sattva's name carries weight with occupiers and investors in HITEC City. The campus's financial performance reflects that occupier quality: in FY2024, Salarpuria Sattva recorded approximately 93% occupancy across its 17.5 million sq ft portfolio, generating an estimated ₹1,600–₹1,700 crore in annualised rental income. Office rents across the Raidurg–HITEC City corridor typically fall between ₹72 and ₹120 per sq ft per month, with Knowledge City achieving the higher benchmarks driven by its asset quality and blue-chip occupier mix. In late 2024 the group took this institutional standing a step further: Salarpuria Sattva launched Knowledge Realty Trust, a REIT-backed office campus initiative in partnership with Blackstone, underlining its position as a core commercial investment vehicle in Hyderabad.
HITEC City's residential appeal is a direct consequence of the commercial ecosystem developers like Salarpuria Sattva have built here. The locality sits on the Outer Ring Road and is served by the Hitech City and Raidurg metro stations, and connects onward toward Gachibowli and Kondapur. Property values reflect the density of employment this corridor generates: as of early 2025, average residential prices in HITEC City stood at roughly ₹9,453 per square foot, with luxury stock touching considerably higher, and analysts project continued annual appreciation on the back of infrastructure upgrades. Rental yields in the belt run higher than most of the city — commonly cited in the 3-5% range, and up to 4-6% in the prime IT corridor — a function of steady demand from the tech and GCC workforce that occupies buildings such as Knowledge City every working day.
For a buyer evaluating Salarpuria Sattva's relevance here, the case is less about a single residential launch and more about the developer's institutional standing in the neighbourhood: a landowner and long-term operator whose office campuses house the very companies — Microsoft, Google, Apple, JP Morgan Chase, Goldman Sachs, Novartis — that anchor housing demand across HITEC City, Raidurg, Madhapur, and further along the ORR into Gachibowli and Kokapet. The group's westward residential expansion into Kokapet, one of Hyderabad's highest-value micro-markets, extends this same corridor logic outward from the commercial base it first established in HITEC City.
Built on over 30 years of development, the group operates across property development, management, and consulting, with a portfolio spanning residential, commercial, hospitality, and co-working segments, and has delivered over 80 million sq ft of developed space across India's major cities. That scale, combined with a visible, occupied, income-generating campus in HITEC City itself, is what distinguishes Salarpuria Sattva's presence in this locality from a developer entering the market on the strength of a single project alone.