| Sattva Global Citys | |
|---|---|
|
[[File:Template:Photomontage|250x250px|frameless|center]] | |
| Sattva Global City in 2024 | |
| Owner | |
| Founded | V. G. Siddhartha / Cafe Coffee Day Group |
| Location | Kengeri, Mysore Road, Bangalore |
| Surface area | |
| Owners | Template:Ubl |
Sattva Global City (formerly Global Village Tech Park) is a software technology park in Bangalore, India. The park is in Kengeri off Mysore Road, behind the R.V. College of Engineering. It is about 4 km away from Kengeri railway station and 1 km away from Pattanagere metro station. The park is spread over 120 acres[1] with a total built-up area of 3.3 million sq ft.[2] The headquarters of erstwhile Mindtree is within the park.
Global Village Tech Park was constructed and owned until 2019 by Café Coffee Day Group under its real estate arm Tanglin Developments Ltd.[3] The tech park's value was estimated at Template:INR3,000 crore in 2019.[4][5] In September 2019, Cafe Coffee Day Group sold the tech park for Template:INRconvert to a consortium owned by the Blackstone Group (80%) and Salarpuria Sattva (20%).[6][7] Global Village Tech Park was consequently renamed Sattva Global City. Template:Clear
References
- ↑ Curious case of CCD founder: V G Siddhartha was under heavy debt burden, Mohapatra, Debasis(30 July 2019).
- ↑ Blackstone, Sattva Group in talks to jointly buy Rs 2,700-crore tech park, Khan, Sobia(2 March 2019).
- ↑ Global Village. Tanglin.
- ↑ Likely valuation of Rs 3,000 crore: Siddhartha's family & Blackstone may revive Tech Park sale talks(2 August 2019).
- ↑ VG Siddhartha's kin, Blackstone to resume talk for Coffee Day tech park sale: Report. Moneycontrol.
- ↑ Coffee Day sells Global Village Tech Park for ₹2,800 cr to Blackstone. Livemint(6 September 2019).
- ↑ Blackstone, Salarpuria Sattva finalise deal to acquire CDEL's tech park for Rs 2,700 crore. Business Today(17 September 2019). Retrieved 18 December 2023.