Founded in 1993, Salarpuria Sattva Group has set its footprints across India starting from a single 20,000 sq ft plot in Bengaluru. Headquartered in Bengaluru, the group has expanded operations across 7 Indian cities and delivered over 142 projects, with 80 million sq ft of completed space and a further 80 million sq ft in various stages of planning and development. That scale is not solely residential: the group is one of the most diversified developers today, with a presence across commercial and residential spaces, office and IT parks, retail, hospitality, facility management, education, data centres, co-living and co-working spaces.
Hyderabad is one of the two cities where Salarpuria Sattva has concentrated its deepest investment. With a portfolio of over 25 million sq ft of cutting-edge space in Hyderabad alone, the group's iconic structure Sattva Knowledge City is regarded as one of the best Tech Parks in Asia. The group holds a CRISIL 'AA'/Stable rating and has India's largest REIT for office spaces in partnership with global private equity firm Blackstone. That financial foundation matters for buyers evaluating developer credibility on a high-value residential purchase.
On the residential side in Hyderabad, Salarpuria Sattva has developed three major residential projects: Sattva Magnus, Sattva Lake Ridge, and Sattva Necklace Pride. Magnus in Jubilee Hills, Shaikpet, was launched following three earlier landmark projects in Hyderabad — Information City, Cyber Park and Necklace Pride. Shaikpet represents the group's push into Hyderabad's mid-western residential belt, a logical extension given its established commercial footprint at Knowledge City to the north-west.
Spread across 5.4 acres, a total of 506 homes in 2, 3 and 4 BHK configurations are distributed across 4 residential towers and 1 regal commercial tower. The complex is built in the 4 towers at 3 basements + ground + 24 floors high. Unit sizes run from 1,220 sq ft for a 2 BHK up to 2,965 sq ft for the largest 4 BHK, giving the project a meaningful spread across mid-luxury and upper-luxury buyer profiles.
The commercial entrance faces the Gachibowli area while the residential towers recede toward the quieter heart of the locality. Residents get a view of Hyderabad's heritage landmark, the Golconda Fort, and the project is located just 8 km from the Outer Ring Road, providing quick connectivity to all parts of the city. It sits en-route to HITEC City and is convenient for people working there.
A clubhouse, rooftop swimming pool, landscaped party area, children's play area, and indoor and outdoor activities add to the prestige of the apartment. The standalone clubhouse format — rather than a podium-level amenity deck — is a recurring design choice across Salarpuria Sattva's larger residential projects in Bengaluru and Hyderabad, and reflects the group's institutional approach to shared infrastructure within gated communities.
During Q1 2026, average property prices for Salarpuria Sattva Magnus moved from ₹12,700 per sq ft to ₹15,500 per sq ft, reflecting a 22.05% rise. In Q3 2025, average prices moved from ₹13,250 to ₹14,050 per sq ft, a 6.04% quarterly rise. The direction of travel is consistent with Shaikpet's broader market, but Magnus trades at a premium to the locality average given the project's scale, gated-community format, and the Salarpuria Sattva brand premium in Hyderabad.
Shaikpet borders sub-localities such as Jubilee Hills, Manikonda, and Tolichowki, situated near the historic Golconda Fort. Major roads such as the Shaikpet Flyover and the Old Bombay Highway connect the area to HITEC City and Gachibowli. The Shaikpet flyover — Hyderabad's longest — connects Seven Tombs, OU Colony, Film Nagar, and Whisper Valley. These corridors matter because the typical Magnus buyer — a senior IT professional or returning NRI — is likely employed in HITEC City, Gachibowli, or the Financial District, all within a 10–15 minute drive under off-peak conditions.
The Old Mumbai Highway runs through the locality and connects it to PV Narasimha Rao Expressway and the Inner Ring Road. Road Number 82 connects the locality to the Peddamma Guddi Metro Station, while Borabanda Railway Station and Nampally Railway Station are within an 11 km radius of Shaikpet. Rajiv Gandhi International Airport is around 31 km from Shaikpet.
There are 95 educational institutes near Shaikpet, including Vasavi College of Engineering, Narayana IIT Academy, and several Montessori and school options. Well-regarded schools like The International School Shaikpet ensure that education is within reach for residents. Film Nagar, Golconda Fort, KBR Park, and the Qutb Shahi Tombs are all very close to the project — a meaningful quality-of-life differentiator for residents who commute into the IT corridor five days a week and value cultural and recreational access on weekends.
According to NoBroker's data, property rates in Shaikpet have increased by 7–8% compared to last year. Over the last one year, apartments in Shaikpet have seen a price movement of 13.9%. Property prices in Shaikpet changed +5.3% in one year and +36.8% over the last five years. Appreciation in physical and social infrastructure has boosted property rates in Shaikpet, with developers launching new inventory to tap into rising demand, driven by proximity to major IT hubs and quality of living.
Land rates in Hyderabad are steadily rising in 2026, particularly in prime areas like Shaikpet, Gachibowli, and Madhapur. Within that context, gated community apartments in Shaikpet range from ₹86.4 lakh to ₹8.02 crore at ₹7,200–₹14,999 per sq ft — a band within which Magnus sits firmly at the upper end, consistent with its tower heights, acreage, and developer pedigree.
Magnus is not a standalone entry into Hyderabad's residential market. Sattva Lake Ridge in Neopolis Kokapet is a 6.3-acre development with 6 towers rising to 37 floors, comprising 599 units in 3, 4, and 5 BHK configurations, with floor plans between 2,152 and 5,472 sq ft. Sattva Necklace Pride, near Hussain Sagar Lake in Kavadiguda, spans 8.5 acres and offers 434 units across 5 towers in 2, 3, and 4 BHK configurations. Each project occupies a different sub-market within Hyderabad — luxury lakefront, ultra-premium Kokapet, and the established mid-western belt at Shaikpet — showing a deliberate geographic spread rather than concentration in a single corridor.
Geographically, Salarpuria Sattva is primarily focused on the Bengaluru and Hyderabad markets, with a further presence in Pune, Goa, Coimbatore, Kolkata, and Jaipur. For a Hyderabad buyer, that focus means the group's project management, vendor relationships, and customer service infrastructure are genuinely Hyderabad-rooted, not an opportunistic satellite operation.