Mangaluru, 3 June 2026: Real estate builds cities. But cities exist within ecosystems, and for too long, the industry has taken more than it has returned. The Karnataka Zero Waste Initiative is Sattva Group’s attempt to change that equation. On 23 May, Shivam Agarwal, Vice President, Strategy, Sattva Group, and Aditya Siroya, Co-Founder and Advisor, rePurpose Global, led a full-day field visit across Someshwara Beach, Pachanady and Kadeshwalya, and the Bantwal Material Recovery Facility, walking the coastline that this programme has committed to restore.

Launched on Earth Day 2026 in partnership with Knowledge Realty Trust, the initiative is a three-year commitment to recover 3.5–4.5 million kilograms of waste. It will bring 80,000 households into formal waste management systems, some of them for the very first time, reduce plastic leakage across 50 coastal villages, and support 200 waste workers; predominantly women with dignified livelihoods and skills for the future.

The day began at Someshwara Beach. Plastic accounts for a disproportionate share of what washes up on Karnataka’s shores, a problem that is visible, chronic, and solvable. Shivam and Aditya joined approximately 40 community volunteers in a direct clean-up effort, recovering over 250 kilograms of waste in a single drive.

Shivam Agarwal, Vice President – Strategy, Sattva Group, said “You can talk about sustainability in boardrooms and earnings calls. But standing on a beach, collecting plastic with forty people who live here that’s where it becomes real. This is where the work happens, and this is where we intend to show up.”

The visit then moved through Kadeshwalya village, where community representatives walked the team through household waste collection systems and segregation practices already in place. The team also assessed infrastructure needs along the Netravathi river, a critical intervention point before plastic reaches the sea. The day concluded at the Bantwal MRF, where the team spent time with waste workers who are the backbone of the entire system.

Jiji Thomas, Head – ESG & Sustainability, Knowledge Realty Trust, said “At Knowledge Realty Trust, we are committed to creating value that extends beyond our buildings and into the communities around us. The outcomes achieved through the first phase of the Repurpose Initiative demonstrate how collaborative action can drive meaningful environmental and social impact. We are encouraged by the progress made and remain committed to supporting initiatives that create cleaner, more sustainable communities for the future.”

The numbers from the initiative’s first months tell a clear story: over 1.5 lakh kilograms of dry waste recovered, more than 50,000 kilograms of low-value plastic ethically processed, 20 waste workers now supported, and active engagement with 30+ village gram panchayats with critical backing from the Dakshina Kannada Zila Panchayat and Mangala Resource Management.

Aditya Siroya, Co-Founder and Advisor, rePurpose Global, added “What we saw today reinforced both the scale of the challenge and the importance of building solutions designed to last. It’s encouraging to see businesses like Sattva stepping forward with real ambition — not just commitments on paper, but investment in systems that can scale. Through this partnership, we’re not only reducing plastic leakage locally; we’re building a model for environmental leadership that can extend far beyond Karnataka.”

By the end of 2026, the Karnataka Zero Waste Initiative aims to recover over 10 lakh kilograms of dry waste including 4 lakh kilograms of plastic, improve livelihoods for 60 waste workers, and run awareness and capacity-building programmes across at least 15 villages in Dakshina Kannada.

Karnataka has 320 kilometres of coastline. This is where the work begins.

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Sept 4, 2025 Bangalore – Colive, India’s leading and Bangalore’s largest co-living platform, today announced a strategic partnership with Bain Capital and Sattva Group to establish a pan-India co-living real estate platform with an initial commitment of at least $100 million. The new platform will be dedicated to acquiring land, developing flagship communities, and delivering purpose-built rental housing across India’s largest urban centers, meeting the growing demand from young professionals and students for high-quality, community-driven living spaces.

As part of the partnership, Colive also raised $20 million in strategic funding, spearheaded by Bain Capital, with strong backing from long-term partner Sattva Group. The $20 million operational investment will power Colive’s accelerated growth trajectory through enhanced technology infrastructure, expanded market presence, and reinforced market leadership in tech-enabled rental housing solutions across India.

This exclusive real estate platform, managed by Colive, has completed initial land acquisitions in Pune and Bengaluru, with nearly 0.5 Mn sq ft of Coliving spaces under development. Additional opportunities are being actively evaluated in Bangalore, Pune, and Hyderabad. The PropCo initiative targets 8-10 flagship developments in the immediate term, creating a scalable foundation for Colive’s pan-India expansion. While the platform is being launched with an initial commitment of $100 million, the partners view the opportunity as scalable over time and open to considering additional investments as attractive opportunities emerge.

The platform will deliver intelligent, fully furnished, professionally managed residences strategically positioned near major employment hubs and educational centers, addressing the evolving lifestyle demands of Gen Z and millennial residents while providing seamless transitions for India’s urban migrants.

Strategic Vision and Market Leadership

“India is experiencing a fundamental transformation in urban housing preferences, and Colive stands uniquely positioned to address this surging demand through technology-enabled, community-focused living solutions. Our investment commitment demonstrates our unwavering confidence in this market category and Colive’s established leadership position,” stated Sarit Chopra, Partner at Bain Capital.

“At Sattva, we have long believed that co-living is a critical enabler of India’s urban transformation. We have deepened our partnership with Colive significantly over the last few years, which reflects our conviction that this sector holds immense potential. While demand from young professionals migrating to cities is robust, the real challenge lies in creating quality supply that matches their aspirations and lifestyle needs. Through this partnership with Bain Capital, we are bringing international standards and global best practices to India while establishing a dedicated PropCo platform for purpose-built assets and are positioned to scale solutions that will shape how India’s next generation lives and works in our cities,” emphasized Bijay Agarwal, Managing Director, Sattva Group.

Technology-Driven Community Experience

Founded on the transformative mission of becoming “Your Family, Away from Family,” Colive is reshaping urban living through its distinctive 6 Star Living framework: Style, Safety, Smart, Service, Savings, and Social. Colive’s proprietary technology ecosystem orchestrates the complete resident experience—from streamlined digital onboarding and automated payment systems to app-integrated safety protocols, maintenance coordination, and concierge services—delivering a secure, interconnected, and dynamic community-centered lifestyle that establishes new benchmarks in metropolitan living.

As India navigates unprecedented urban migration, demand for premium rental housing continues its upward trajectory. Colive addresses this market opportunity by developing environments that exceed basic accommodation, featuring thoughtfully curated common spaces, organized community programming, and an integrated digital platform that cultivates authentic connections and exceptional convenience.

Future Growth and Market Impact

“This funding represents a pivotal moment in Colive’s journey to revolutionize urban living for young professionals throughout India. It signifies strong investor confidence in our vision and enables accelerated scaling, continuous innovation, and deeper commitment to developing intelligent, community-centered living environments that genuinely feel like home” added Suresh Rangarajan, Founder & CEO, Colive.

The post Bain Capital and Sattva Group Launch $100M Pan-India Co-Living Platform; Sattva-backed Colive Also Secures $20M from Bain Capital appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru/Goa, July 4, 2025: Sattva Group, a leading premium residential developer, today launched Water’s Edge II, expanding its successful Goa coastal portfolio in a strategic move that reinforces the company’s confidence in India’s growing luxury coastal market. The second-phase development builds on the success of the original Water’s Edge project, positioning Sattva as a key player in Goa’s evolving high-end residential landscape.

The launch underscores a broader transformation in India’s residential market, where enhanced connectivity and shifting lifestyle aspirations have turned coastal properties into primary residences for a diverse and affluent demographic, including Non-Resident Indians, senior professionals planning retirement, and high-net-worth individuals seeking curated lifestyle experiences.

Infrastructure Convergence Driving Coastal Demand

The rapid growth in Goa’s aviation infrastructure, with the operational Dabolim International Airport and the new Manohar International Airport at Mopa, has significantly enhanced the region’s accessibility. Water’s Edge II, located just 3.5 kilometers from Dabolim, leverages this advantage at a time when remote work enables professionals to operate from any location, including coastal areas.

“The fundamental shift we’re witnessing isn’t just about where affluent Indians choose to live, it’s about how they’re redefining the concept of home itself,” said Karishmah Siingh, President – Sales, Marketing & CRM, Sattva Group. “When world-class infrastructure converges with evolving work patterns, we see the emergence of destination luxury, where primary residences become curated lifestyle experiences. Water’s Edge II represents our belief that India’s next generation of luxury developments must transcend traditional boundaries between vacation and permanent living.”

Product Strategy Reflects Market Maturation

Water’s Edge II presents a thoughtfully tiered residential offering, reflecting the maturing demands of India’s coastal luxury segment. Designed to accommodate a range of lifestyle preferences, the project includes:

·       Five 4-BHK villas with private gyms and entertainment spaces

·       Five 4-BHK villas with private pools and dedicated home offices

·       A 24-unit boutique apartment building with shared amenities

Each unit is Vastu-compliant and oriented to maximize panoramic sea views. The project represents Sattva’s evolution from urban high-rise development to curated coastal living, delivering the same benchmark of construction excellence and community planning honed across millions of square feet in Bangalore’s premium residential market.

“We evaluate over 40 parameters for every project across locations—from demographics to infrastructure timelines,” Siingh noted. “This research allows us to anticipate buyer needs years ahead. We also future-proof our developments with technology infrastructure that can adapt as the world of technology evolves. At Sattva, meticulous planning is fundamental to creating enduring value.”

Ten Signature Villas Anchor Water’s Edge II

At the heart of the development are ten signature 4-BHK villas, envisioned as private sanctuaries by the sea. These homes are divided into two distinct formats that embody Sattva’s commitment to creating diverse, lifestyle-driven residences.

·       Villas 1–5 offer understated luxury across three levels, the lower Ground, Ground, and Upper Ground. Ideal for those who value simplicity without compromise, these homes feature sea-facing rooms, private gym rooms, entertainment lounges, ensuite bedrooms, and expansive decks and balconies that open to coastal views.

·       Villas 6–10 cater to those seeking a more indulgent experience, with the addition of private swimming pools and dedicated home offices. While the architectural layout mirrors the first set, these villas emphasize grander outdoor connections and seamless transitions between work, leisure, and living.

Together, these residences form the cornerstone of Water’s Edge II, each a serene canvas of light, air, and ocean rhythm.

Strategic Market Positioning

This expansion is a result of deliberate market strategy, not short-term opportunism. Key factors supporting the launch include:

·       Aviation infrastructure: Two international airports offering connectivity on par with major metros

·       Professional migration: A growing number of executives are establishing coastal primary residences

·       Investment performance: Premium coastal properties showing stronger appreciation trends

·       Regulatory environment: Streamlined approvals and infrastructure investments enabling long-term growth

Coastal Luxury Becomes Established Asset Class

Sattva’s confidence in launching Water’s Edge II is supported by exceptional market fundamentals. Goa is emerging as one of India’s hottest real estate investment destinations, with residential property prices skyrocketing by 66.3% year-on-year according to Magicbricks. This surge is cementing Goa’s reputation as a go-to destination for vacation homes, retirement properties, and long-term rental investments.

The launch comes at a time when leading developers are increasingly exploring coastal regions as viable alternatives to saturated urban markets. Industry analysts note that infrastructure-led growth in these areas could redefine residential choices for India’s professional class, with ripple effects on workforce movement and regional economic development.

The post SATTVA GROUP EXPANDS GOA FOOTPRINT WITH WATER’S EDGE II LAUNCH AS LUXURY REAL ESTATE SHIFTS TO DESTINATION MARKETS appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.