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Sattva Group to invest ₹12,000-14,000 crore in housing, office projects

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Bengaluru-based real estate firm Sattva Group, backed by Blackstone, plans to invest ₹12,000-14,000 crore in the next 2-3 years to develop commercial office, residential, and hotel projects. The investment will be deployed in office projects (40%), housing development (50%), and hotel projects (10%) across existing cities like Bengaluru, Pune, and Hyderabad, as well as new markets in Chennai and Mumbai. The funds will be sourced from equity, debt, and internal accruals. The company aims to nearly double residential sales and achieve 20% growth in annuity income from commercial offices.