The platform is built on Sattva’s infrastructure expertise and Innovalus’s operational excellence, creating a unified, end-to-end ecosystem that bridges the gap between physical space, talent, technology, and compliance. The launch signifies India’s shift from being a cost-efficient back office to a strategic global innovation hub.

India’s Strategic GCC Moment

India today stands at the heart of the GCC revolution, hosting over 1,600 Global Capability Centres that employ more than two million professionals and generate upwards of USD 46 billion in annual economic value.

No longer confined to transactional functions, these centres now drive global mandates in product design, artificial intelligence, cybersecurity, advanced analytics, and digital transformation.

Industry projections suggest that India could surpass 2,500 GCCs by 2030, unlocking a USD 110 billion opportunity and creating an additional one million high-skill jobs. According to NASSCOM, more than 60% of the world’s top 2000 corporations either already operate or plan to establish GCCs in India, drawn by the country’s deep talent pool, digital infrastructure, and stable policy ecosystem.

Simplifying GCC Setups with an Institutionalized Model

Despite this momentum, setting up a GCC in India remains a complex and fragmented process, requiring coordination across multiple domains — real estate, compliance, talent acquisition, and operations.

GCCBase directly addresses this challenge by institutionalizing the setup and scaling process, creating a single-point platform that ensures speed, transparency, and compliance.

The platform enables companies to focus on innovation and business outcomes, while GCCBase manages the entire lifecycle — from location strategy and workspace design to regulatory setup, hiring, and operational governance.

An End-to-End Partnership Model

The partnership between Sattva Group and Innovalus brings together two complementary strengths:

• Sattva Group, known for its Grade A office spaces and tech park developments, provides the physical and infrastructure backbone.
• Innovalus, with deep expertise in operational strategy, delivers executional efficiency and governance across all stages of GCC setup.

Together, they aim to de-risk and accelerate global enterprises’ India entry and expansion, offering a plug-and-play operational model aligned with international standards and local compliance requirements.

Redefining India’s Role in Global Enterprise Strategy

With GCCBase, India’s real estate and corporate landscape are evolving from transactional service delivery to strategic, innovation-led ecosystems.

The platform institutionalizes governance, enhances accountability, and integrates the physical and digital needs of multinational enterprises — positioning India as the preferred global hub for innovation, engineering, and technology services.

Also Read: More Global Offices, More Jobs, More Homes: How GCC Expansion Will Shape India’s Housing Market

The post Sattva Group and Innovalus Launch GCCBase to Power India’s Next Phase of Global Capability Centre Growth appeared first on Square Feat India.

Knowledge Realty Trust (KRT) – Key Highlights

• Sponsors: Sattva and Blackstone
• Portfolio Size: 48 million sq. ft. (37 million sq. ft. completed) across 30 Grade A office assets in six cities
• Market Strength: 95% of the portfolio’s value is concentrated in India’s top three office markets – Bengaluru, Hyderabad, and Mumbai
• Largest REIT in India by Net Operating Income (NOI) and Gross Asset Value (GAV)
• Second Largest in Asia by leasable area
• High-Quality Occupancy: 90% leased to marquee tenants, including 76% MNCs and 45% Global Capability Centers (GCCs)

Key Assets in the Portfolio

• Sattva Knowledge City: 7.3 million sq. ft.
• Sattva Knowledge Park: 3.3 million sq. ft.
• One BKC: 0.7 million sq. ft.
• Image Tower: A 400-foot-tall business park under construction in Hyderabad, developed under a Public-Private Partnership (PPP) with the Telangana government
• Sattva Global City: 12.3 million sq. ft. spanning 71.2 acres
• One International Centre: 1.8 million sq. ft.
• One Unity Centre: 1.0 million sq. ft.
• One World Centre: 1.7 million sq. ft.
• Cessna Business Park: 4.2 million sq. ft.
• Sattva Softzone: 1.0 million sq. ft.

Financial Strength & Market Position

• NOI Growth: Projected 18% CAGR (FY25-27)
• MTM Potential: 15% upside
• Low Loan-to-Value (LTV) Ratio with a robust Right of First Offer (ROFO) pipeline, including 7 million sq. ft. across four identified assets
• WALE: 8.6 years, ensuring long-term lease stability
• Sustainability Focus: 63MW solar power, green-certified buildings, waste recycling initiatives, and energy-efficient infrastructure

Blackstone’s Continued Confidence in India

Following its success with Embassy, Mindspace, and Nexus REITs, this will be Blackstone’s fifth public listing in India, reinforcing its long-term commitment to the country’s commercial real estate sector.

Sattva Group’s Market Legacy

Sattva Developers Private Limited has been a prominent player in India’s real estate industry for over three decades. With 74 million sq. ft. of completed projects across seven cities and an additional 75 million sq. ft. under planning, the group has earned accolades such as the ET Best Realty Brand 2024 and IGBC Green Champion Award. The company also boasts an upgraded CRISIL ‘A+/Stable’ rating since 2022.

India’s Strong Office Market Fundamentals

• Fastest-growing major economy with stable interest rates
• Global Capability Center (GCC) hub: India holds a 58% share in the global outsourcing market
• Competitive Edge: Cost arbitrage, STEM talent pool, and a skilled, English-speaking workforce
• Grade A Office Demand: Expected to outpace supply, with 82 million sq. ft. in demand projected for CY24

Key Personnel Leading the IPO

• CEO: Shirish Godbole (Former Morgan Stanley, Goldman Sachs)
• COO: Quaiser Parvez (Former CEO, Nucleus Office Parks)
• Sponsor Board Members:
  • Blackstone: Tuhin Parikh
  • Sattva Group: Bijay Agarwal, Shivam Agarwal

The KRT IPO is set to redefine India’s REIT landscape, offering investors a diversified and high-quality office asset portfolio backed by two of the most trusted names in real estate. The proposed REIT listing is expected to attract strong institutional interest and further solidify India’s position as a global hub for commercial real estate investments.

Also Read: Arkade Developers Raises ₹122.40 Crore Ahead of IPO

The post Sattva Group and Blackstone File Draft Offer Document for India’s Largest REIT IPO appeared first on Square Feat India.