Visakhapatnam – Bengaluru-based Sattva Group has announced a ₹1,500 crore investment to develop a 30-acre integrated campus in Visakhapatnam, Andhra Pradesh. The project, titled Sattva Vantage Vizag Campus, was unveiled during an investor roadshow in Bengaluru, led by Andhra Pradesh IT and Electronics Minister Nara Lokesh.
The proposed development will include Grade A office spaces, premium residential components, and sustainable infrastructure designed to international standards. Sattva estimates that the project will generate over 25,000 direct jobs upon completion, marking a significant boost to the region’s economic and employment landscape.
Minister Nara Lokesh described the investment as a milestone in Andhra Pradesh’s efforts to position Visakhapatnam as a leading technology and innovation hub. He highlighted recent announcements such as Google’s upcoming data centre, the ANSR Global Capability Centre Innovation Campus, and India’s first quantum computing hub as signs of the city’s growing prominence in the tech sector.
The Andhra Pradesh government is actively supporting investments through policies like subsidized land allotments for major firms such as TCS and Cognizant, as well as reforms in education to ensure a skilled talent pool for the evolving job market.
Sattva Group, a leading name in South India’s real estate landscape, has delivered over 74 million square feet of developments across residential, commercial, co-living, and data centre verticals. With 75 million square feet under development and a ₹6,200 crore IPO planned via the KRT REIT (backed by Blackstone), the group is now expanding its reach into key cities like Mumbai.
This latest venture in Vizag strengthens the city’s position as a fast-emerging destination for global tech and infrastructure investment. The integrated campus is expected to be a catalyst for smart urban development, contributing to the broader vision of making Andhra Pradesh a digitally advanced and economically vibrant state.
Also read, Sattva Proposes New Tech Park on CDP Road, Kadubeesanahalli, Bengaluru
