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Global Village Tech Park

Coordinates:12°55′13″N77°30′15″E / 12.9203972°N 77.5042898°E /12.9203972; 77.5042898
From Wikipedia, the free encyclopedia
Technology park in Bangalore, India

12°55′13″N77°30′15″E / 12.9203972°N 77.5042898°E /12.9203972; 77.5042898

Sattva Global City
Sattva Global City in 2024
FoundedV. G. Siddhartha /Cafe Coffee Day Group
LocationKengeri,Mysore Road,Bangalore
Owners
IndustryInformation technology,IoT,Electronics,Mechanical engineering
Major companiesLTIMindtree,Mphasis,NTT Data,Tietoevry,Northern Trust,Textron,Sonata Software,Texas Instruments,Capgemini

Sattva Global City (formerlyGlobal Village Tech Park) is asoftware technology park inBangalore, India. The park is inKengeri offMysore Road, behind theR.V. College of Engineering. It is about 4 km away fromKengeri railway station and 1 km away fromPattanagere 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 erstwhileMindtree is within the park.


Sonata Software building

Global Village Tech Park was constructed and owned until 2019 byCafé Coffee Day Group under its real estate arm Tanglin Developments Ltd.[3] The tech park's value was estimated at3,000 crore in 2019.[4][5] In September 2019, Cafe Coffee Day Group sold the tech park for2,700 crore (US$383.41 million) to a consortium owned by theBlackstone Group (80%) and Salarpuria Sattva (20%).[6][7] Global Village Tech Park was consequently renamed Sattva Global City.

Wikimedia Commons has media related toSattva Global City.

References

[edit]
  1. ^Mohapatra, Debasis (30 July 2019)."Curious case of CCD founder: V G Siddhartha was under heavy debt burden" – via Business Standard.
  2. ^Khan, Sobia (2 March 2019)."Blackstone, Sattva Group in talks to jointly buy Rs 2,700-crore tech park" – via The Economic Times.
  3. ^"Global Village".Tanglin. Archived from the original on 10 January 2015.
  4. ^PM, Indulal; Balasubramanyam, K. R. (2 August 2019)."Likely valuation of Rs 3,000 crore: Siddhartha's family & Blackstone may revive Tech Park sale talks" – via The Economic Times.
  5. ^"VG Siddhartha's kin, Blackstone to resume talk for Coffee Day tech park sale: Report".Moneycontrol.
  6. ^"Coffee Day sells Global Village Tech Park for ₹2,800 cr to Blackstone".Livemint. 6 September 2019. Retrieved21 April 2020.
  7. ^"Blackstone, Salarpuria Sattva finalise deal to acquire CDEL's tech park for Rs 2,700 crore".Business Today. 17 September 2019. Retrieved18 December 2023.
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