Project News Detail
| Project No : | 204588 |
|---|---|
| Project Title : | Assetz drives expansion with 200-acre land acquisition for residential projects in last two years in Karnataka. |
| Company Name : | Private Company |
| Project Detail : | Bengaluru-based residential developer Assetz has acquired 16 prime land parcels totaling over 200 acres across the city in the past two years. These strategic acquisitions add 15 million sq. ft. of saleable area to its existing portfolio and are spread across Bengaluru’s high-growth corridors in the North, South, and Southeast regions. The newly acquired land bank is expected to deliver over 7,500 homes. With a gross development value (GDV) of Rs 15,000 crore, the current pipeline includes a diverse mix of projects. Of this, three million sq. ft. has already been launched, and another 6.5 million sq. ft. across 10 projects is scheduled for launch in FY26. These upcoming launches will feature a thoughtfully curated mix of apartments, villaments, and plotted developments. Each project is designed to reflect Assetz’s hallmark blend of human-centric design, high-quality infrastructure, and sustainable living solutions. The company aims to offer more than just homes—creating vibrant, future-ready communities that cater to evolving urban needs. “With 10 new launches this financial year, we are introducing over INR 7,000 crores of additional inventory for sales and are poised to double our turnover within three years. The goal remains clear: set new benchmarks in urban housing and deliver superior living experiences.” Assetz’s expansion strategy has primarily relied on a partnership-driven joint development model. This approach not only enables capital-efficient growth but also signals strong trust from landowners who value Assetz for its transparency, execution capabilities, and focus on long-term value creation. |
| Project Location : | Bangalore - Karnataka - India |
| Project Estimation : | Refer Document |
| Status : | Announced |