Latest news with #SattvaGroup
The Hindu
5 days ago
- The Hindu
How e-waste art is powering a new creative movement in Hyderabad
A 14x22-foot green 'tree' — lush with white, pink, and yellow flowers — rises up one of the walls at Sattva Knowledge Park in Hyderabad's Hitech City. At first glance, it looks like a vibrant mural. But look closer: this 600 kilogram Tree of Tech is made entirely from discarded electronics — motherboards, circuit boards, keyboard wires, switches, mouse cables, and metal plates from old desktops. Its symmetry and depth come alive through painted MDF cut-outs of leaves, flowers, and branches, giving the piece a striking, sculptural effect. 'Recycling e-waste into art is a small step towards sustainability,' says artist and sculptor Ranganadh Komari, who created the work alongside fellow artists Ram Bhoopal and Applachary for the Sattva Group. The trio also crafted a life-sized deer from e-waste at the group's Sattva Signature Towers in Banjara Hills. 'At JNAFAU, our professors constantly encouraged us to explore scrap as a medium,' Ranganadh recalls, referring to his interest in recycling that dates back to 2010. Ahead of World Environment Day on June 5, such works are drawing attention to the role artists play in repurposing e-waste. For Chetan Sai Vignesh, an art student, working with scrap was a creative turning point. His recent 3x2-foot mural of Padmapani — drawn from the Ajanta caves — uses motherboards, wires, and vintage television parts. 'I first sketched the figure onto plywood, then layered and cut the electronic parts to fit the form,' he explains. But turning tech trash into visual storytelling comes with challenges — from sourcing components to making them aesthetically compelling. 'The concept was 'growth',' says Ranganadh of the tree mural. 'We sourced components from Secunderabad and Mumbai, and used Photoshop to prototype the design. But just the e-waste felt too flat. So we introduced carved MDF for a 3D effect.' The structure, made heavier by its 25mm plywood base, was eventually divided into four parts for transport. 'Cutting motherboards is tricky, they chip easily, and some shards are sharp enough to injure.' Leading sustainability While artists across India are experimenting with e-waste, one of its earliest adopters is Bengaluru-based Vishwanath Mallabadi Davangere. For over 30 years, the 64-year-old has been crafting birds, animals, and abstract figures from resistors, capacitors, coiled diodes, and keyboard keys. 'I was always fascinated by what lay inside a gadget,' he says. As his studio filled up, he began selling pieces to make space. A sustainability conference in Hyderabad in 2019 was a turning point. 'It gave me the platform to showcase this niche form of art,' he recalls. He now conducts online workshops, introducing others to the medium. Still, Vishwanath is pragmatic. 'Creative expression is vital, but art alone cannot resolve the e-waste crisis,' he says. 'Recyclers face numerous challenges — extracting gold from circuit boards is chemically complex and economically unviable at scale.' The United Nations' Global E-Waste Monitor 2024 paints a sobering picture. Electronic waste is growing five times faster than it's being formally recycled. As reported in The Hindu, India's e-waste volumes have surged by over 150% in six years — from 7,08,445 metric tonnes in 2017–18 to 17,78,400 metric tonnes in 2023–24. That's an annual increase of nearly 1.7 lakh tonnes. Given the magnitude of the crisis, e-waste art may only scratch the surface. But it serves an equally vital purpose — raising awareness, prompting dialogue, and inspiring creative solutions. Because sometimes, the best way to confront a looming environmental challenge is to make people stop and look.
Time of India
14-05-2025
- Business
- Time of India
Knowledge Realty Trust gets CCI nod to acquire entities of Blackstone, Sattva Group
NEW DELHI: The Competition Commission of India on Tuesday approved IPO-bound Knowledge Realty Trust 's acquisition of several entities affiliated with private equity major Blackstone and Bengaluru-based Sattva Group . Knowledge Realty Trust (KRT) is sponsored by real estate company Sattva Group and Blackstone. "The proposed combination comprises of direct and indirect acquisition by the Knowledge Realty Trust, acting through its manager, Knowledge Realty Office Management Services, formerly known as Trinity Office Management Services (acquirer REIT), of certain entities, some of which inter-alia belong to the Blackstone Group, some belonging to the Sattva Group and remaining held jointly controlled by Blackstone and Sattva Group," the regulator said in a release. Knowledge Realty Office Management Services is a Sebi-registered REIT engaged in the business of owning and/or operating a portfolio of rent or income-generating real estate assets and related income-generating assets. "Competition Commission of India approves acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group," it added. The entities of Blackstone and Sattva group are engaged in the commercial real estate and renewable power sectors in India. In March this year, Knowledge Realty Trust filed initial documents with market regulator Sebi to launch its maiden REIT (Real Estate Investment Trust) IPO to raise more than Rs 6,200 crore. The company filed draft IPO papers as part of its strategy to monetise its 30 prime office assets across major cities. KRT will be the largest REIT in India in terms of Net Operating Income (NOI) and Gross Asset Value which is estimated at around Rs 60,000 crore. At present, there are four listed REITs in India -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. Apart from Nexus Select Trust, the other three REITs are backed by rent-yielding office assets. Nexus owns a large portfolio of retail real estate spaces. This will be the fifth public listing of Blackstone India Real Estate business, including three listed REITs and one of Ventive Hospitality. KRT's total portfolio is 48 million sq ft (37 million square feet completed) across 30 Grade A office assets across six major cities, making it India's most geographically diverse Office REIT. Of the total portfolio, 90 per cent is leased with marquee tenants - 76 per cent with MNCs and 45 per cent with GCCs (Global Capability Centres). Sattva Developers has so far constructed 74 million square feet across seven Indian cities in commercial, residential, co-living, co-working, hospitality, and data centre sectors. An additional 75 million square feet area is in planning and implementation. Blackstone, a leading global investment firm, has a huge exposure in the Indian real estate market.
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Business Standard
13-05-2025
- Business
- Business Standard
CCI clears Knowledge Realty's acquisition of Blackstone, Sattva entities
The Competition Commission of India on Tuesday approved IPO-bound Knowledge Realty Trust's acquisition of several entities affiliated with private equity major Blackstone and Bengaluru-based Sattva Group. Knowledge Realty Trust (KRT) is sponsored by real estate company Sattva Group and Blackstone. "The proposed combination comprises of direct and indirect acquisition by the Knowledge Realty Trust, acting through its manager, Knowledge Realty Office Management Services, formerly known as Trinity Office Management Services (acquirer REIT), of certain entities, some of which inter-alia belong to the Blackstone Group, some belonging to the Sattva Group and remaining held jointly controlled by Blackstone and Sattva Group," the regulator said in a release. Knowledge Realty Office Management Services is a Sebi-registered REIT engaged in the business of owning and/or operating a portfolio of rent or income-generating real estate assets and related income-generating assets. "Competition Commission of India approves acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group," it added. The entities of Blackstone and Sattva group are engaged in the commercial real estate and renewable power sectors in India. In March this year, Knowledge Realty Trust filed initial documents with market regulator Sebi to launch its maiden REIT (Real Estate Investment Trust) IPO to raise more than Rs 6,200 crore. The company filed draft IPO papers as part of its strategy to monetise its 30 prime office assets across major cities. KRT will be the largest REIT in India in terms of Net Operating Income (NOI) and Gross Asset Value which is estimated at around Rs 60,000 crore. At present, there are four listed REITs in India -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. Apart from Nexus Select Trust, the other three REITs are backed by rent-yielding office assets. Nexus owns a large portfolio of retail real estate spaces. This will be the fifth public listing of Blackstone India Real Estate business, including three listed REITs and one of Ventive Hospitality. KRT's total portfolio is 48 million sq ft (37 million square feet completed) across 30 Grade A office assets across six major cities, making it India's most geographically diverse Office REIT. Of the total portfolio, 90 per cent is leased with marquee tenants - 76 per cent with MNCs and 45 per cent with GCCs (Global Capability Centres). Sattva Developers has so far constructed 74 million square feet across seven Indian cities in commercial, residential, co-living, co-working, hospitality, and data centre sectors. An additional 75 million square feet area is in planning and implementation. Blackstone, a leading global investment firm, has a huge exposure in the Indian real estate market.
Hindustan Times
13-05-2025
- Business
- Hindustan Times
Knowledge Realty Trust gets CCI nod to acquire entities of Blackstone, Sattva Group
New Delhi, May 13 (PTI) The Competition Commission of India on May 13 approved IPO-bound Knowledge Realty Trust's acquisition of several entities affiliated with private equity major Blackstone and Bengaluru-based Sattva Group. Knowledge Realty Trust (KRT) is sponsored by real estate company Sattva Group and Blackstone. "The proposed combination comprises of direct and indirect acquisition by the Knowledge Realty Trust, acting through its manager, Knowledge Realty Office Management Services, formerly known as Trinity Office Management Services (acquirer REIT), of certain entities, some of which inter-alia belong to the Blackstone Group, some belonging to the Sattva Group and remaining held jointly controlled by Blackstone and Sattva Group," the regulator said in a release. Knowledge Realty Office Management Services is a Sebi-registered REIT engaged in the business of owning and/or operating a portfolio of rent or income-generating real estate assets and related income-generating assets. "Competition Commission of India approves acquisition by the Knowledge Realty Trust of certain entities belonging to Blackstone Group and/or Sattva Group," it added. The entities of Blackstone and Sattva group are engaged in the commercial real estate and renewable power sectors in India. In March this year, Knowledge Realty Trust filed initial documents with market regulator Sebi to launch its maiden REIT (Real Estate Investment Trust) IPO to raise more than ₹6,200 crore. The company filed draft IPO papers as part of its strategy to monetise its 30 prime office assets across major cities. KRT will be the largest REIT in India in terms of Net Operating Income (NOI) and Gross Asset Value which is estimated at around ₹60,000 crore. At present, there are four listed REITs in India -- Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. Apart from Nexus Select Trust, the other three REITs are backed by rent-yielding office assets. Nexus owns a large portfolio of retail real estate spaces. This will be the fifth public listing of Blackstone India Real Estate business, including three listed REITs and one of Ventive Hospitality. KRT's total portfolio is 48 million sq ft (37 million square feet completed) across 30 Grade A office assets across six major cities, making it India's most geographically diverse Office REIT. Of the total portfolio, 90 per cent is leased with marquee tenants - 76 per cent with MNCs and 45 per cent with GCCs (Global Capability Centres). Sattva Developers has so far constructed 74 million square feet across seven Indian cities in commercial, residential, co-living, co-working, hospitality, and data centre sectors. An additional 75 million square feet area is in planning and implementation. Blackstone, a leading global investment firm, has a huge exposure in the Indian real estate market.
Hans India
08-05-2025
- Health
- Hans India
Sattva Group Partners with Sankalp India Foundation to Launch Blood Donation Drive on World Thalassemia Day
Bengaluru: In a landmark effort to make a meaningful impact on World Thalassemia Day, Sattva Group, one of Bengaluru's leading real estate developers, has partnered with the esteemed Sankalp India Foundation to launch a series of blood donation drives across its IT parks in the city. This initiative is aimed at supporting patients battling thalassemia, a critical genetic blood disorder that necessitates regular blood transfusions for survival. Initiated on World Thalassemia Day, this significant campaign will unfold over the next three months across Sattva's IT campuses in Bengaluru, beginning with Sattva Knowledge Court and Sattva Mind Comp Tech Park. Thalassemia affects the body's ability to produce hemoglobin and red blood cells, making frequent transfusions a non-negotiable part of treatment. Thus, this drive is more than just a collection of blood donations—it's a call to the corporate community to unite and address the urgent need for a stable supply of safe blood. Despite being one of the most common genetic disorders in India, with over 10,000 children born with thalassemia major each year, awareness remains limited. This drive is more than just a collection of blood donations; it's a call to the corporate community to unite in ensuring a stable supply of safe blood for those in need. 'Our partnership with Sankalp India Foundation acknowledges the profound reality that surrounds us—right now, real people in our communities are facing challenges that we can help solve," stated Shivam Agarwal, VP of Strategy Growth at Sattva Group. "We invite all corporate entities within our campuses to join us because countless individuals await critical support—from life-saving blood donations to the fundamental resources necessary for their wellbeing. These are the ongoing realities of people in our community. Corporate India must recognize that our collective strength, when channeled with purpose, can transform lives and create lasting impact. Together, we can bridge gaps and create meaningful change that makes tomorrow better than today for those who need it most' Each blood donation camp will offer pre-donation health checks, enlightening sessions about thalassemia, and expert medical support to ensure a safe and seamless process for donors. Participants will receive educational materials illustrating how one unit of blood can profoundly change lives. 'We are immensely grateful to Sattva Group for their proactive approach in supporting our cause,' said *Rajat Kumar Agarwal, President Sankalp India Foundation. "We are honoured to partner with the Sattva Group for the voluntary blood donation campaign. This collaboration marks a powerful step towards solving one of the most urgent needs of thalassemia care: access to safe, regular blood transfusions. With the support of Sattva Group, we are working to ensure a steady, dependable blood supply for more than 2,500 thalassemia patients across our nationwide network of day care centres. For these children, every transfusion is not just a treatment, it's a lifeline. Every unit of blood donated is a gift of strength, of hope, of life itself. We invite everyone to be part of this movement and stand with these young fighters who battle thalassemia every single day." By donating blood, professionals become part of a movement that extends compassion beyond the workplace and directly supports those battling thalassemia. Together, Sattva Group and Sankalp India Foundation invite the corporate community to participate in this essential initiative.
