Salarpuria Sattva Knowledge City
Executive Summary:
Salarpuria Sattva Knowledge City is a large-scale commercial project located in Hyderabad, India, aimed at being a hub for knowledge-based businesses, with a focus on research and development. The project is spread over a 25-acre site with a built-up area of approximately 6.5 million square feet. The total cost of the project is estimated to be around INR 1,200 crore. The project has been executed in phases, with the first phase completed in 2018, and the second and third phases currently under construction.
Salarpuria Sattva Knowledge City has become a hub for knowledge-based businesses, with leading companies in the technology, pharmaceutical, and biotech industries taking up space in the complex, including Novartis, Parexel, and GE. The project has helped to position Hyderabad as a leading center for research and development, contributing to the city's overall development and generating employment opportunities.
The project's success is a reflection of the expertise and dedication of Salarpuria Sattva Group and their commitment to excellence. This report provides a detailed analysis of the project, including its concept, design, cost, project execution, occupancy, tenants, and overall impact on Hyderabad's real estate market.
Introduction: Salarpuria Sattva Knowledge City is a large-scale commercial project located in Hyderabad, India, designed to be a hub for knowledge-based businesses, with a focus on research and development. The project was designed to provide state-of-the-art facilities, including laboratories, research centers, and high-quality office spaces. The project's success has helped to position Hyderabad as a leading center for research and development.
Concept: The project was conceived as a hub for knowledge-based businesses, with a focus on research and development. The aim was to create a world-class facility that would attract leading companies and researchers from around the world. The project's design incorporates a range of sustainable features, including rainwater harvesting, solar panels, and energy-efficient building materials.
Design: The project was designed by Singapore-based architects, RSP Architects Planners & Engineers, and has a built-up area of approximately 6.5 million square feet. The project's design incorporates sustainable features to reduce its carbon footprint, including rainwater harvesting, solar panels, and energy-efficient building materials.
Cost: The total cost of the project is estimated to be around INR 1,200 crore (approximately USD 165 million). The project was funded through a mix of debt and equity, with Salarpuria Sattva Group providing a significant amount of equity, and the remaining funding coming from banks and financial institutions.
Project Execution: The project was executed in phases, with the first phase completed in 2018, and the second and third phases currently under construction. The project has been executed to the highest standards, with a focus on quality and sustainability.
Occupancy: The project has been well-received by tenants, with leading companies in the technology, pharmaceutical, and biotech industries taking up space in the complex. Some of the tenants at Salarpuria Sattva Knowledge City include Novartis, Parexel, and GE. The project has become a hub for knowledge-based businesses, with a range of companies from different sectors operating from the complex.
Impact: Salarpuria Sattva Knowledge City has helped to position Hyderabad as a leading center for research and development. The project has contributed to the city's overall development, with a positive impact on the local economy. The project has also helped to generate employment opportunities, both directly and indirectly.
Conclusion: Salarpuria Sattva Knowledge City is a world-class commercial complex that has set a new standard for commercial real estate in India. The project's sustainable design, high-quality facilities, and leading tenants make it a testament to the potential of India's commercial real estate market. The project has helped to position Hyderabad as a leading center for research and development, contributing to the city's overall development. The success of the project is a reflection of the expertise and dedication of Salarpuria Sattva Group and their commitment to excellence.
The project was executed by Salarpuria Sattva Group, one of the leading real estate developers in India. Here are some details about the CEO and management team of Salarpuria Sattva Group:
CEO: The CEO of Salarpuria Sattva Group is Mr. Bijay Agarwal. He has over 30 years of experience in the real estate industry and has been with the company for over two decades. Mr. Agarwal is responsible for the overall strategy and direction of the company.
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Management Team: The management team of Salarpuria Sattva Group is composed of experienced professionals from various fields. Some of the key members of the management team include:
Mr. Anil Kumar S. Verma, Chief Operating Officer
Mr. Amit Wadhwani, Managing Director - Retail
Mr. Bijay Kumar, Chief Financial Officer
Mr. Vikram Jain, Director - Commercial
Mr. Gaurav Jain, Director - Residential
The management team has played a key role in the successful execution of Salarpuria Sattva Knowledge City, with a focus on quality and sustainability. The team has worked closely with architects, contractors, and tenants to ensure that the project meets the highest standards. The team's expertise and dedication have contributed to the overall success of the project and the company's reputation in the real estate industry.
The Salarpuria Sattva Knowledge City project was designed by RSP Architects Planners & Engineers, a Singapore-based architectural firm with a global reputation for sustainable design. The firm has extensive experience in designing commercial and residential projects that incorporate sustainable features to reduce the carbon footprint of buildings and promote energy efficiency.
The design of Salarpuria Sattva Knowledge City incorporates a range of sustainable features that help to reduce its environmental impact. One of the key features is rainwater harvesting, which collects rainwater from the roofs of buildings and stores it for later use in irrigation and other non-potable uses. This reduces the need for freshwater and helps to conserve water resources.
The project also includes a large number of solar panels that generate electricity from sunlight, reducing the need for grid-based power and promoting the use of renewable energy sources. The use of energy-efficient building materials, such as low-E glass and insulation, further helps to reduce the energy consumption of buildings and lowers their carbon footprint.
The overall design of Salarpuria Sattva Knowledge City reflects a commitment to sustainability and energy efficiency, which are increasingly important considerations for commercial real estate projects around the world. By incorporating sustainable features into its design, the project sets an example for other developers and helps to promote more sustainable practices in the real estate industry.
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Mazhar Pasha, the director at Syndicate Capital, has written an executive summary on Salarpuria Sattva Knowledge City, a large-scale commercial project located in Hyderabad, India. Spread over a 25-acre site with a built-up area of approximately 6.5 million square feet, the project aims to be a hub for knowledge-based businesses, with a focus on research and development. The project has been executed in phases, with the first phase completed in 2018, and the second and third phases currently under construction. The project has attracted leading companies in the technology, pharmaceutical, and biotech industries, such as Novartis, Parexel, and GE, making it a hub for knowledge-based businesses. The total cost of the project is estimated to be around INR 1,200 crore. Salarpuria Sattva Group's expertise and commitment to excellence are reflected in the project's success. The report provides a detailed analysis of the project, including its concept, design, cost, project execution, occupancy, tenants, and overall impact on Hyderabad's real estate market.
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