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Assetz KVN North Bangalore: Premium Residential Project Announced for North Bengaluru Corridor
Assetz Group and KVN Properties have announced a strategic development partnership in North Bengaluru featuring approximately one million square feet of premium residential space on a 5.6-acre parcel, valued at ₹1,000 crore. The project, announced in July 2025, is structured as a single-phase development governed by a Development Management Agreement (DMA) and awaits completion of regulatory approvals including RERA registration.
| Developer | Assetz Group and KVN Properties LLP (Development Management Agreement partnership) |
|---|---|
| Project Size | Approximately 1 million square feet on 5.6 acres |
| Estimated GDV | ₹1,000 crore |
| Location | North Bengaluru |
| Status | Announced; awaiting RERA registration and development permissions |
| Development Timeline | Single-phase development over 3–4 years post-approvals |
| Announcement Date | July 2025 |
| Product Type | Premium residential apartments (configurations being tailored to local demand) |
Project Overview
ASSETZ KVN ASSETZ North Bangalore represents a landmark collaboration between two significant players in India's real estate sector. KVN Properties, led by Venkat K Narayana, has entered into a development management agreement (DMA) with Assetz Group to develop a premium residential project in North Bengaluru. Announced in July 2025, this premium residential development is set to span approximately one million square feet on a 5.6-acre parcel in North Bengaluru, with an estimated Gross Development Value (GDV) of ₹1,000 crore.
Development Structure and Timeline
Under the terms of this agreement, KVN will finance land acquisition and construction, while Assetz will act as Development Manager, providing its expertise in design, execution, and market positioning. The project is structured as a single-phase development over 3-4 years, commencing post-approval of all development permissions including RERA registration.
Strategic Context and Location Attributes
North Bangalore is a high-growth corridor with a discerning buyer base. Leveraging both partners' deep institutional knowledge of North Bengaluru's evolving real estate landscape, the residential configurations are being meticulously tailored to meet local demand trends. The 5.6-acre site is strategically located to offer seamless connectivity to schools, colleges, hospitals, shopping malls, and recreational centers, making it an ideal choice for residents who value accessibility and a high quality of life.
About the Developers
Assetz Group, a Singapore-headquartered real estate developer with a strong presence in Bengaluru since 2006, brings a wealth of experience to the partnership. Known for its commitment to "Better Design," Assetz has a track record of delivering world-class projects, including India's first Platinum LEED-certified IT SEZ, Vrindavan Tech Village (now Embassy Tech Village), and multiple residential developments across Bengaluru. The partnership forms part of KVN's broader strategy to develop 10 million square feet of residential real estate in the financial year 2025–26.
Frequently asked questions
What is the status of the Assetz KVN North Bangalore project?
The project was announced in July 2025 and is currently awaiting RERA registration and development permissions. Once approved, construction is expected to begin as a single-phase development spanning 3–4 years.
What is the partnership structure between Assetz and KVN?
The partnership is structured as a Development Management Agreement (DMA), where KVN Properties finances land acquisition and construction, while Assetz Group serves as Development Manager responsible for design, execution, and market positioning.
What residential configurations are planned for this project?
Specific configurations have not yet been announced. Residential configurations are being tailored to meet local demand trends in North Bengaluru, with details to emerge post-regulatory approval.
When is the expected possession timeline?
Possession timeline has not been disclosed. The project will commence 3–4 years after regulatory approvals are obtained.
Why is North Bengaluru significant for this development?
North Bengaluru is characterized as a high-growth corridor with a discerning buyer base and strong economic drivers. The location offers seamless connectivity to key amenities and is positioned for ongoing infrastructure development.
What is the total investment value of the project?
The project has an estimated Gross Development Value (GDV) of ₹1,000 crore across approximately one million square feet of premium residential space.