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Commercial Design
|April 2025
In an exclusive conversation with Commercial Design, Bijay Agarwal, Managing Director of Sattva Group, reflects on the company's three-decade journey, the evolution of India's commercial real estate landscape, and the strategic innovations shaping the future of office spaces.
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India's commercial real estate sector has undergone a remarkable transformation over the past three decades. The nation's emergence as a global technology and corporate services hub is fueled by an unparalleled talent pool, government-backed infrastructure policies, and cost advantages that position India as one of the largest office markets in the world.
And, Bijay Agarwal, Managing Director of Sattva Group, has been at the forefront of India's commercial real estate evolution. Under his leadership, Sattva has grown from a single office project in Bengaluru to a powerhouse with a 43 million square feet commercial portfolio across key cities.
In this exclusive conversation, Agarwal shares insights on India's booming office market, the rise of Global Capability Centres, the transformation of workspaces, and the Group's vision for the future. From pioneering large-scale developments to embracing flexible workspaces and sustainability, he discusses how Sattva is shaping India’s commercial real estate landscape for the next generation.
FROM HUMBLE BEGINNINGS TO INDUSTRY LEADER
India's commercial real estate sector has seen significant growth, propelled by its emergence as a global hub for technology and corporate services. With the world's largest youth population and the second-largest English-speaking workforce, India has become an attractive destination for global corporations. Government policies, robust infrastructure development, and cost advantages have further positioned the country as a leading office market.
Reflecting on this journey, Bijay Agarwal, Managing Director of Sattva Group, remarks, “The growth of India’s commercial real estate sector has been nothing short of phenomenal. From modest beginnings to becoming one of the world’s largest office space markets, we have witnessed a seismic shift in demand and innovation.”
This story is from the April 2025 edition of Commercial Design.
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