Salarpuria Sattva — formally Sattva Group, headquartered in Bengaluru — has operated in Indian real estate since 1993, starting from a 20,000 sq ft plot in Bengaluru and growing into a developer with over 80 million sq ft of completed space across eight cities. In Hyderabad specifically, the group has assembled a portfolio of over 25 million sq ft, anchored by institutional-grade commercial assets such as Sattva Knowledge City in HITEC City. That commercial depth — the group counts Blackstone and Apollo Global Management as development partners, and holds a CRISIL 'AA'/Stable credit rating — shapes how it enters a residential market: deliberately, at scale, and in locations it already understands from the office-leasing side.
Neopolis, in Kokapet's western corridor, is precisely the kind of address that fits that pattern. Salarpuria Sattva has placed two consecutive residential bets here: Sattva Lakeridge (Phase 1, now under construction) and Salarpuria Lago (Phase 2, currently in pre-launch). Together they represent the group's most concentrated residential investment in Hyderabad to date.
Neopolis is a 530-acre HMDA-approved township in Kokapet, designed specifically for high-rise residential and supporting commercial use. The Telangana government has invested approximately ₹300 crore in its infrastructure, and HMDA land auctions in the precinct have set successive pricing records — from ₹14 crore per acre in 2007 to over ₹60 crore per acre in the July 2021 auctions, with a November 2025 auction clearing at ₹151.25 crore per acre, the highest ever recorded in a Neopolis transaction.
The location arithmetic for a Sattva buyer is straightforward. Neopolis sits less than 10 minutes from Hyderabad's Financial District and Gachibowli, where Microsoft, Wells Fargo, Amazon, JP Morgan, Wipro, and Capgemini maintain campuses. The Nehru Outer Ring Road runs directly adjacent, connecting residents to HITEC City and Rajiv Gandhi International Airport (roughly 30–40 minutes by road). Sattva's own Knowledge City in HITEC City is approximately 20 minutes away — a relevant data point for buyers whose professional lives are anchored in that corridor.
Social infrastructure in and around Kokapet includes Rockwell International School, Phoenix Greens School of Learning, AIG Hospitals, AMVI Hospital, Continental Hospital, and the Indian School of Business (ISB) campus in Gachibowli. Neopolis itself carries unlimited Floor Space Index (FSI) under its planning framework, which explains why the towers rising here are taller, more sparsely spaced, and structurally more ambitious than typical Hyderabad gated communities.
Salarpuria Sattva launched Sattva Lakeridge in June 2023 — its entry into the Neopolis micro-market. The project spans 9.5 acres and comprises six towers at G+37 floors, delivering 897 apartments in 3, 4, and 5 BHK configurations ranging from 2,100 to 5,500 sq ft. The development faces Osman Sagar and Kokapet Lake, and the exclusive Fern Tower within the project offers just two apartments per floor with private elevator access — a deliberate low-density choice within an already low-density building.
Sattva Lakeridge holds RERA registrations P02400006230 and P02400006231 under the Telangana RERA authority and carries IGBC Green Building pre-certification at Gold level. Possession is targeted from January 2028. As of late 2024, 255 of the 342 initially launched units had been booked, with structural works progressing to 40% completion. The speed of absorption — the project is widely reported to have sold out within months of launch — established Salarpuria Sattva as a credible ultra-luxury operator in this corridor and set the stage for a second phase.
Salarpuria Lago is the direct successor to Sattva Lakeridge, positioned on an adjacent 10-acre plot within Neopolis. The project is structured around five named towers — Aqua, Bayon, Corra, Deven, and Ebb — in a basement-plus-ground-plus-47-floor configuration, making Lago's towers taller than those in Phase 1. The unit roster steps up in size: 3 BHK units run from 3,088 to 3,664 sq ft, 3.5 BHK from 3,406 to 3,963 sq ft, and Tower Corra's 4 BHK units reach approximately 4,936–4,976 sq ft — nearly 1.5 times the floor area of a typical luxury apartment in Hyderabad. Lago is not a continuation of Lakeridge in scale alone; it targets a more specific buyer who wants a large-format home in a location that has already been validated by a fully sold predecessor.
The project is at the pre-launch stage, operating on a Pay After RERA structure: buyers can register interest without financial commitment until RERA registration is obtained and verified. Possession is estimated around 2029–2030. Pricing is available on enquiry at this stage. The site sits 4 km from the Financial District with 36-metre road frontage on two sides, giving Lago one of the more prominent street addresses within the Neopolis layout.
In a market where land auction prices at Neopolis have moved from ₹99 crore to ₹151 crore per acre within a single November 2025 auction round, developer selection carries more weight than usual. HMDA's controlled land release and the precinct's encumbrance-free title mean that the land underneath any Neopolis project is clean — but construction risk, delivery risk, and post-possession management quality all sit with the developer.
Salarpuria Sattva's balance sheet context is publicly rated: CRISIL 'AA'/Stable since 2010, year on year. The group's partnership with Blackstone — India's largest office REIT, in which Sattva is a major development partner — imposes the kind of institutional reporting discipline that is uncommon among purely residential developers. The group's Hyderabad residential portfolio prior to Lakeridge (Sattva Magnus in Shaikpet and Sattva Necklace Pride near Hussain Sagar Lake) gave it operating history in the city before committing to Neopolis.
For a buyer choosing between Neopolis options from multiple developers, Salarpuria Sattva's two-phase, 19.5-acre commitment to a single precinct is a material signal. It means the group has underwritten this location across two capital deployment cycles, not simply followed a trend.
Residential prices across Neopolis currently range widely depending on project phase and tower specification. As of late 2025, the market trades between ₹14,000 and ₹17,500 per sq ft in the ultra-luxury segment. The Financial District, immediately adjacent, already sees completed inventory trading between ₹14,000 and ₹25,000 per sq ft. Sattva Lakeridge launched with 3 BHK starting around ₹2.7 crore; resale listings for 4 and 5 BHK units are now appearing in the ₹5–7.22 crore range as construction progresses. Lago, being a later-phase, larger-format product, will carry a premium over Lakeridge's launch pricing — enquiry-based pricing applies at pre-launch.
