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Satya is building the Tiara on the Beach on Galveston Bay. Work is expected to start in early December. Earlier this year, Satya received a $100 million loan from International Bank of Commerce for the $130 million development.

The building will have 63 one—to three-bedroom units ranging from 1,661 to 4,306 square feet. Six of the floors will have nine units each, and there will be seven penthouses on the 10th floor.