Real estate developer Sattva Group plans to invest Rs 12,000-14,000 crore in the next two-three years to diversify its portfolio and explore new markets. The company is mulling fundraising and entering into platform deals across segments. Approx. 20 percent of the funding will be in equity, while the remainder will be sourced from debt and sales proceeds. 

The company's primary focus lies on commercial and residential projects, as these form the bulk of its portfolio. The company is currently constructing 23 million sq. ft. of real estate properties in various sectors, with plans for an additional 65 million sq. ft. across eight cities, including Bengaluru and Hyderabad.

Sattva is in preliminary discussions for a potential real estate investment trust. Blackstone and Salarpuria Sattva Group established an alliance in 2017, resulting in the acquisition and management of prime assets such as Knowledge City, Knowledge Capital, Image Towers and Knowledge Park.

Sattva is also currently exploring listing its co-living and co-working platforms within the next two years. It is also exploring scaling up its co-living business from 15,000 to 50,000 beds and intends to introduce a proptech platform. Further, it plans to expand its flexible office arm to 4.8 million sq. ft.

The Bengaluru-based company is planning to venture into new markets such as Mumbai and Chennai with both residential and commercial properties. It has secured land in Chennai for a 4.5 million sq. ft. office project. Also, discussions regarding a project in Mumbai are ongoing.

Additionally, the company aims to launch a project in the latter half of 2024-25, of approx.1.3 million sq. ft. Recently, it expanded its portfolio to include data centre warehousing and hospitality, and has a total of 88 million sq ft of space in various planning and development stages.