Updates

Knowledge Realty Trust Reports 15% Growth in Q1 FY27 Net Operating Income and Revenue, Declares Record ₹751.6 Crore Distribution

Knowledge Realty Trust, the Sattva-Blackstone REIT, posted 15% YoY growth in both revenue and net operating income for Q1 FY27 (April-June 2026), with occupancy rising to 93% and a record distribution to unitholders.

Sattva Group Launches 'Life, Beautifully Unscripted' Corporate Brand Film as Part of Sattva 2.0 Transformation

Sattva Group released a new corporate brand film titled 'Life, beautifully unscripted,' marking a major brand evolution under its 'Sattva 2.0' transformation journey. The campaign moves beyond traditional real estate messaging to focus on community living, relationships, and everyday human experiences.

Knowledge Realty Trust Appoints Statutory Auditors for FY27–FY29 and Schedules First Annual Meeting of Unitholders for July 10, 2026

Knowledge Realty Trust, the Sattva–Blackstone REIT, has appointed new statutory auditors and an independent valuer for FY27–FY29 and convened its First Annual Meeting of Unitholders, alongside disclosing strong FY26 portfolio metrics.

Knowledge Realty Trust Management Signals Image Tower (Hyderabad) as Likely First Sponsor Asset to Be Acquired into the REIT

At the Avendus REITs & InvITs Conclave 2026, Knowledge Realty Trust management flagged Image Tower — a 1.6 million sq ft asset adjacent to Sattva Knowledge City in Hyderabad — as the likely first sponsor asset to be acquired into the Sattva-Blackstone backed REIT via its ROFO pipeline.

Sattva Group Files Approvals for Residential Expansion at Sattva Global City, Mysore Road — 10 Towers, 2,500+ Units

Sattva Group has initiated the approval process for a large residential development within its Sattva Global City tech park campus on Mysore Road, West Bengaluru. The proposed project consists of 10 high-rise towers of 36–40 floors with heights of 118–125 metres and over 2,500 premium residential units.

Sattva Group Explores Data Centre Foray, Confirms Powai Mixed-Use Project to Launch 'in Coming Months' as Part of Expanding Mumbai Pipeline

Sattva Group is exploring entry into the data centre business and has confirmed its mixed-use Powai project in Mumbai is set to launch in the coming months, alongside progress on Bandra-Kurla Complex and Vile Parle developments.

Sattva Group Files Approval Proposal for Sattva East Crest Phase 2 — Three 41-Floor High-Rise Towers on Old Madras Road, East Bengaluru

Sattva Group has formally submitted a proposal for Sattva East Crest Phase 2 on Old Madras Road (OMR) in East Bengaluru, comprising three residential high-rise towers rising up to 41 floors (approximately 134 metres). The project is currently awaiting final approvals from state licensing, environmental bodies, and Karnataka RERA before construction begins.

Knowledge Realty Trust Raises Up to ₹1,000 Crore via NCDs and Commercial Papers to Support Growth Plans

Knowledge Realty Trust (KRT), the Sattva–Blackstone office REIT, approved a fundraise of up to ₹1,000 crore through fresh issuance of listed, rated, secured, redeemable Non-Convertible Debentures (NCDs) and commercial papers. The move supports the Trust's balance sheet management and development pipeline.

Sattva Plots Doddaballapura Launched — ~25-Acre Premium Plotted Development on Doddaballapura Road, North Bengaluru

Sattva Group has launched Sattva Plots Doddaballapura, a ~25-acre premium gated plotted community on Doddaballapura Main Road (NH-44), North Bengaluru, offering 350+ Vastu-compliant residential plots ranging from 1,200 to 2,400 sq ft, priced from ₹80 lakhs onwards. RERA registration is under process; possession is expected by end of 2027.

Knowledge Realty Trust to Invest ₹700 Crore in New 1.4 Million Sq Ft Office Block at Sattva Global City, Bengaluru

KRT (co-sponsored by Sattva Group and Blackstone) has commenced construction of a new 1.4 million sq ft commercial office block at Sattva Global City in Bengaluru, with a planned investment of ₹700 crore over three years.

Sattva Group Signals Major Hospitality Push — Plans Taj Bengaluru Resort, Hyderabad Business Hotel, Visakhapatnam Mixed-Use & Darjeeling Boutique; to Invest 10–20% of Turnover in Hotels

In a May 2026 interview with Mint, Sattva Group's president Adrija Agarwal announced the group would commit 10–20% of its annual turnover to hospitality assets going forward, with a pipeline spanning a Taj resort in Bengaluru (soft-launch expected late 2027), an upscale business hotel in Hyderabad, a mixed-use hospitality development in Visakhapatnam, and boutique leisure properties in Darjeeling.

Knowledge Realty Trust (Sattva–Blackstone REIT) Reports Strong FY26 Results — 16% Revenue Growth, ₹21,019 Cr Distributions, FTSE Index Inclusion

Knowledge Realty Trust (KRT), the Sattva–Blackstone office REIT, announced its Q4 and full-year FY26 results on May 13, 2026. KRT reported 16% YoY revenue growth to ₹4,577 crore, NOI growth of 18%, and cumulative distributions of ₹21,019 million (₹4.74/unit) since listing — exceeding IPO projections.

Sattva Vasanta Skye Launched in Devanahalli, Bangalore — 16-Acre, 1,077-Unit Premium Residential Community Near KIA Airport

Sattva Group has launched Sattva Vasanta Skye, a new 16-acre residential township in Kannamangala Village, Devanahalli, Bangalore. The project offers Studio to 4 BHK apartments across 11 towers and is RERA-registered under PRM/KA/RERA/1250/303/PR/080525/007730.

Sattva Ventures and Earth Fund Invest ₹42 Crore in Aurm's Series A Round for In-Community Smart Vault Expansion

Sattva Ventures (the investment arm of Sattva Group) co-led a ₹42 crore Series A round in Aurm, a Bengaluru-based startup that deploys bank-grade automated vault lockers inside residential communities. The investment will accelerate Aurm's expansion across Sattva's luxury residential projects in Bengaluru and beyond.

Sattva Sumera Launched in Parel, Mumbai — Sattva Group's First Mumbai Project with ₹5,500 Crore GDV

Sattva Group officially launched Sattva Sumera on 6 May 2026, its first residential project in Mumbai, located in Parel. The development carries a Gross Development Value of ₹5,500 crore and will comprise twin high-rise towers of approximately 200 metres, offering around 500 residences in 2 BHK and 3 BHK configurations.

Sattva Sanio Pre-Launched in Budigere Cross, East Bangalore — 10-Acre Luxury Project with 3, 4 BHK & Duplex Apartments on Old Madras Road

Sattva Group has pre-launched Sattva Sanio, a premium residential project spread across 10.3 acres on Old Madras Road near Budigere Cross in East Bangalore, offering 3 BHK, 4 BHK and exclusive 4 BHK duplex apartments across seven high-rise towers. RERA registration has been obtained and construction is underway, with possession targeted for August 2031.

Sattva Group and Knowledge Realty Trust Launch Karnataka Zero Waste Initiative on Earth Day 2026 — 3-Year Coastal Plastic Waste Programme with rePurpose Global

On Earth Day (April 22, 2026), Sattva Group, in partnership with Knowledge Realty Trust (KRT REIT) and rePurpose Global, launched the Karnataka Zero Waste Initiative — a three-year ESG programme targeting the recovery of up to 4.5 million kg of waste along Karnataka's 320-km coastline. The initiative aims to integrate 50 coastal villages, connect 80,000 households to formal waste systems, and support 200 waste workers.

Sattva Songbird Phase 2 Receives Karnataka RERA Registration — 381 Units Across Twin Towers on Budigere Main Road

Sattva Group's Songbird Phase 2 on Budigere Main Road, Nimbekaipura, Bengaluru has obtained Karnataka RERA registration (PRM/KA/RERA/1251/310/PR/270326/008557). The phase comprises 381 apartments across two ultra-high-rise towers of B+G+42 floors on a 4-acre parcel.

Sattva City – 50-Acre Township on Bangalore Airport Road Launched (~March 2026)

Salarpuria Sattva launched Sattva City, a flagship 50-acre residential township on the Airport Road corridor (Chikkajala-Doddajala, Devanahalli), North Bangalore. The project offers 1–4 BHK apartments across 13 towers with over 250 amenities and possession slated from December 2029.

Sattva Pre-Launches Vasanta Cove — One-Acre Triangular Tower with 200 Studio & 1BHK Homes in North Bengaluru's Sattva Urbana Township

Sattva Group announced the pre-launch of Sattva Vasanta Cove, a one-acre residential development within its Sattva Urbana township in North Bengaluru, featuring a triangular 12-storey tower with 200 studio and 1BHK homes.

Sattva City Doddajala Receives Karnataka RERA Registration — 3,460-Unit Township on Airport Road, North Bengaluru

Sattva City, the 50-acre integrated township on National Highway 44 near Doddajala, North Bengaluru, received Karnataka RERA approval on 27 February 2026 under registration number PRM/KA/RERA/1251/472/PR/270226/008494. The project offers 3,460 homes across 2 BHK to 4 BHK configurations in 13 towers, with possession scheduled for February 2032.

Sattva Group Enters Mumbai Metropolitan Region with Six Redevelopment Projects, ₹11,000 Crore GDV Pipeline

Sattva Group announced its formal entry into the Mumbai Metropolitan Region (MMR) on 10 February 2026 with six residential and commercial redevelopment projects covering over 8 million sq ft of construction area. The total Gross Development Value across the portfolio is estimated at approximately ₹11,000 crore, with construction starting in 2026 and phased through to 2032.

Sattva Group Announces Pre-Launch of Sattva Jigani — 432-Unit High-Rise Residential Project in South Bengaluru

Sattva Group has announced a new pre-launch residential project in Jigani, South Bengaluru — three towers of B+G+31 floors rising to 100 metres, with 432 apartments across 9 acres. The project targets professionals in the Electronic City–Bommasandra corridor and is pending RERA approval before formal bookings open.

Sattva Aaranya Launched in Rajarajeshwari Nagar, Bengaluru — 480 Premium 3 & 4 BHK Homes on 6 Acres

Sattva Group officially launched Sattva Aaranya on 13 January 2026, a premium residential project in Rajarajeshwari Nagar along Mysore Road, Bengaluru. Spread across 6 acres, the development offers 480 residences in 3 BHK, 3.5 BHK, and 4 BHK configurations starting from ₹3.19 crore.

B.L. Kashyap & Sons Bags ₹615.69 Crore Construction Contract from Sattva CKC for Sattva Chennai Knowledge City

Sattva CKC Private Limited awarded a ₹615.69 crore structural and civil works contract to B.L. Kashyap & Sons for its large-scale commercial development, Sattva Chennai Knowledge City, in December 2025. The project is scheduled for completion in approximately 31 months.

Sattva Group Breaks Ground on 30-Acre, ₹1,500 Crore Sattva Vantage Vizag Campus in Visakhapatnam

Sattva Group officially broke ground on its 30-acre, ₹1,500 crore mixed-use Sattva Vantage Vizag Campus in Madhurawada, Visakhapatnam in December 2025. The campus will comprise Grade A office spaces, premium residences, retail, and hospitality, and was attended by Andhra Pradesh IT Minister Nara Lokesh.

Sattva–Vaishnavi Group Announce 3.8 Million Sq Ft Tech Park on Airport Road, North Bengaluru

Sattva Group and Vaishnavi Group jointly announced plans to develop a large-scale technology park of 3.8 million sq ft on Airport Road in North Bengaluru, opposite Collins Aerospace. The project comprises three commercial blocks and is PRR-ready.

Sattva Group and Bain Capital Launch $100 Million Pan-India Co-Living Platform with Colive; First Assets Acquired in Bengaluru and Pune

Sattva Group partnered with Bain Capital to establish a $100 million pan-India co-living real estate platform operated by Colive, with initial assets acquired in Bengaluru and Pune. Colive simultaneously raised $20 million in a Series B round led by Bain Capital, backed by Sattva Group.

Knowledge Realty Trust (Sattva–Blackstone REIT) Lists on BSE & NSE, Raises ₹4,800 Crore; 13x Oversubscribed

Knowledge Realty Trust (KRT), co-sponsored by Sattva Group and Blackstone, successfully listed on BSE and NSE on August 18, 2025, raising ₹4,800 crore in India's largest-ever REIT IPO. The issue was 13 times oversubscribed and the REIT listed at ₹103 against an issue price of ₹100.