Real Estate
Assetz secures 10-acre site at KIADB Hardware Park in North Bengaluru
Assetz Property Group has secured a 10-acre parcel in KIADB Hardware Park, North Bengaluru, in partnership with Fairlark Sagar Enterprises Centroid Pvt. Ltd. The site is planned for a residential development with at least 1.68 million sq ft of estimated saleable built-up area; as of October 2026, the project is listed as upcoming.
| Developer | Assetz Property Group |
|---|---|
| Location | KIADB Hardware Park, North Bengaluru, Bengaluru |
| Land parcel | 10 acres |
| Development proposed | Residential project with at least 1.68 million sq ft of estimated saleable built-up area |
| Land deal announced | 13 October 2026 |
| Partner | Fairlark Sagar Enterprises Centroid Pvt. Ltd. |
Land deal marks the project’s current stage
The 13 October 2026 announcement concerns Assetz’s acquisition of a 10-acre parcel through a partnership with Fairlark Sagar Enterprises Centroid Pvt. Ltd. As of October 2026, the project is upcoming, with the land deal the reported milestone. The development is proposed as residential.
The scale of the site gives the company an opportunity to plan a cohesive residential development, Assetz Executive Director Sunil Pareek said in the announcement.
North Bengaluru location and surrounding activity
The parcel is within KIADB Hardware Park in North Bengaluru. The site is described as near facilities of Shell India Markets, SAP Labs and Boeing. The broader area has road connections towards Devanahalli, Bagalur, Budigere Cross, Old Madras Road and Whitefield, including via the Satellite Town Ring Road.
Infrastructure cited in the area’s growth context includes the upcoming Hebbal-KIA Metro Line and an elevated expressway to BIAL and Devanahalli Business Park. KIADB is developing a 950-acre IT and aerospace park in Bagalur, alongside a 250-acre special economic zone within the KIADB Hardware Park.
Project details and nearby comparison
The planned saleable built-up area is estimated at at least 1.68 million sq ft. Assetz has not yet attached a project name to the parcel in the reported land-deal announcement. The company’s separate Assetz Sora & Saki project is also in the KIADB Hardware & IT Park micro-market, but it is a distinct development.
North Bengaluru recorded an estimated 8–14% price growth in 2024–2025, attributed to premium gated-project launches and infrastructure projects nearing completion. Assetz Sora & Saki, a neighbouring project cited for comparison, was listed from ₹2.09 crore with possession expected by September 2028; those figures do not describe the new 10-acre parcel.
Frequently asked questions
Who is developing the KIADB Hardware Park parcel?
Assetz Property Group secured the site in partnership with Fairlark Sagar Enterprises Centroid Pvt. Ltd.
Where is the proposed development?
It is planned within KIADB Hardware Park in North Bengaluru, Bengaluru.
How large is the site and proposed development?
The land parcel is 10 acres, with at least 1.68 million sq ft of estimated saleable built-up area proposed.
What is the project’s current status?
As of October 2026, it is listed as upcoming. The reported milestone is the land deal announced on 13 October 2026.