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Assetz Codename The First Bloom: Plotted Residential Launch in Devanahalli, Bangalore

Assetz Property Group's plotted residential development, Codename The First Bloom, offers residential plots in Devanahalli, a fast-growing suburb north of Bangalore. The project is RERA registered under number PRM/KA/RERA/1251/309/PR/030424/006771 and targets the airport-corridor investment segment.

Realty News — Assetz Codename The First Bloom: Plotted Residential Launch in Devanahalli, Bangalore
Project StatusUpcoming / Pre-launch
DeveloperAssetz Property Group
LocationTadipatri-Bangalore Road, Hyderabad-Bangalore Highway, Devanahalli, Avati, Karnataka 562164
Land Area23 acres (other sources cite 21 acres)
Total Units251 plots
Plot Configurations1,200–3,300 sq.ft carpet area
Price Band₹69 lakh (1,200 sq.ft); ₹86.2 lakh (1,500 sq.ft); ₹1.89 crore (3,300 sq.ft)
Possession TimelinePossession from 2026 onwards
RERA RegistrationPRM/KA/RERA/1251/309/PR/030424/006771

Project Overview

Assetz Codename The First Bloom is a well-developed township offering residential plots in Bangalore's emerging suburbs. The project spans over 21 acres and features Assetz Group's quality construction as a plotted development. All plots include blacktop roads, street lights, electricity, water supply and related infrastructure.

The project is landscaped with over 5,000 trees and lush green cover with acres of Miyawaki gardens; more than 47 percent of the land area is reserved for open spaces.

Pricing and Configurations

The elegant 30×40 plots with a plot area of 1,200 sq.ft are offered at a starting price of Rs. 69 lakhs. A 30×50 plot with an area of 1,500 sq.ft is offered at a starting price of Rs. 86.2 lakhs. Unique plots with 3,300 sq.ft area are provided at a starting price of 1.89 crore.

The project offers a total of 251 plots with possession expected in 2026.

Location and Connectivity

The project is located on Bangalore-Hyderabad National Highway, just 10 minutes from Devanahalli and Bellary Road, and 20 minutes from Bangalore Kempegowda International Airport. Devanahalli has gained immense prominence due to its proximity to Kempegowda International Airport and various proposed infrastructure developments, making it an attractive investment destination.

Devanahalli is one of the fastest-growing real estate destinations in North Bangalore, located 15–20 km from Kempegowda International Airport, driven by major developments like the KIADB Aerospace Park, Devanahalli Business Park, and upcoming Satellite Town Ring Road (STRR) and metro connectivity plans.

Amenities and Infrastructure

Amenities at Assetz The First Bloom include a lavish 3-acre clubhouse area, landscaped gardens, a gymnasium, a swimming pool, recreation rooms, outdoor sports courts, a children's play area, a party hall, and meticulously planned 24/7 security.

Developer Background

Established in 2005 and headquartered in Bangalore, Assetz Group is a premier real estate developer in South India with a strong reputation for quality and innovation. The group has delivered over 25 million square feet of premium residential and commercial spaces. The company has delivered 10+ residential projects, including apartments, villas and plotted developments, emphasizing sustainability and smart design.

Devanahalli: Growth Context

Devanahalli has transformed from a satellite town into Bangalore's most promising real estate destination, driven by the Kempegowda International Airport, Aerospace SEZ, and mega infrastructure projects worth ₹80,000 crores. Notable infrastructure includes the Bangalore-Chennai Expressway and the Satellite Town Ring Road (STRR), designed to decongest Bengaluru's core areas and promote real estate development in peripheral regions. Property prices have appreciated 35-45% over the past five years with upcoming Metro connectivity, PRR expressway, and IT park establishments by Infosys, TCS, and Wipro.

Frequently asked questions

Is Assetz Codename The First Bloom RERA registered?

Yes, the project is registered under Karnataka RERA with registration number PRM/KA/RERA/1251/309/PR/030424/006771.

What are the plot sizes and prices available?

Three configurations are offered: 1,200 sq.ft plots at ₹69 lakhs; 1,500 sq.ft plots at ₹86.2 lakhs; and 3,300 sq.ft plots at ₹1.89 crore.

When is possession expected?

Possession is expected from 2026 onwards.

How far is the project from Bangalore airport?

The project is approximately 20 minutes drive from Bangalore Kempegowda International Airport.

What is the total project size and unit count?

The project spans 23 acres and offers a total of 251 plots.

What open space and green cover does the project provide?

The project features over 5,000 trees with more than 47 percent of land area reserved for open spaces, including acres of Miyawaki gardens.

Sources

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