Bangalore’s real estate market is evolving rapidly, with homebuyers looking for spaces that offer flexibility, community living, and long-term value. Among the many new projects, Assetz City Of Palms stands out as a promising option for those who want to build their own home in a well-planned community. This plotted development in Devanahalli offers a unique opportunity to own land in one of the city’s fastest-growing corridors.
About the Project & Location
Assetz City Of Palms is a premium residential plotted development located at Doddacheemanahalli Village, Kundana Hobli, Devanahalli, in North Bengaluru. The project is spread across approximately 25 acres in its first phase and offers 442 residential plots. The plot sizes are designed to cater to different needs, with options of 1,200 sq.ft., 1,500 sq.ft., and 2,400 sq.ft. .
The project is registered under RERA with the number PRM/KA/RERA/1250/303/PR/300626/008780. The expected possession date is 15 February 2029. The starting price for a plot is ₹1.08 Crore onwards .
Location Advantages
One of the main reasons why Assetz City Of Palms is a top choice is its strategic location. It is situated on IVC Road in Devanahalli, a part of North Bengaluru that is seeing tremendous growth. The area is well-connected and offers easy access to several key destinations .
- Airport Proximity: The project is approximately a 25-minute drive from Kempegowda International Airport . This makes it an excellent choice for frequent travelers and aviation professionals.
- Highway Connectivity: The property offers excellent connectivity to major road networks. National Highway 44 (NH-44) is about an 8-minute drive away, providing a direct link to the rest of the city and beyond. The Satellite Town Ring Road (STRR) is also easily accessible, making travel smoother .
- Growing Corridor: Devanahalli is not just about the airport. It is a developing economic hub, home to the KIADB Aerospace Park and several industrial zones, which will drive employment and demand for housing in the area .
Amenities
While some amenities are still in the planning stages, the project promises a well-rounded lifestyle with features that promote community interaction and a healthy living environment.
Confirmed Amenities:
- Gated Community with 24/7 Security
- Rainwater Harvesting System
- Landscaped Gardens and Tree-lined Avenues
Coming Soon:
- Grand Clubhouse
- Swimming Pool
- Gymnasium
- Sports Courts
- Jogging Tracks
- Children’s Play Area
- Themed Parks
The developer has emphasized a nature-centric community design, with a significant portion of the land dedicated to open spaces. This gives the community a resort-like feel and ensures residents enjoy a breathable and less congested environment .
Developer Overview: Assetz Group
Assetz Group is a well-known name in the Indian real estate sector. Founded in 2006, the company has built a strong reputation for delivering quality projects. They are a preferred partner for private equity funds and have a track record of successful commercial and residential developments.
The company is known for its focus on design and research, which is reflected in its projects. Their portfolio includes two world-class IT tech parks in Bangalore: Vrindavan Tech Village (now Embassy Tech Village) and Global Technology Park . This experience in large-scale development adds a layer of trust for homebuyers. The group has delivered over 24,000 units across various segments .
New Launch Advantages
As a new launch, Assetz City Of Palms offers several distinct advantages for potential buyers.
- Early Bird Pricing: When a project is newly launched, developers often offer introductory prices. This allows you to secure a plot at a lower cost compared to buying at a later stage of development.
- Choice of Plots: With the project just opening for sale, you have a wide selection of plot sizes and locations within the layout. This gives you the flexibility to choose a plot that best suits your needs and preferences.
- Payment Plans: New projects often come with flexible payment plans, which can make it easier for buyers to manage their finances .
- Appreciation Potential: Buying at the launch stage means you benefit from the maximum appreciation as the project nears completion and the surrounding infrastructure develops further.
Nearby Landmarks (Verified Distances)
- IVC Road – Onsite
- Kempegowda International Airport – Approx. 25 Minutes
- NH44 – Approx. 8 Minutes
- To The Tee Golf Academy – Approx. 3.2 km
- Vidyashilp University – Approx. 5.8 km
Investment Potential & ROI
North Bengaluru, particularly the Devanahalli area, is considered a high-growth real estate market. Residential Properties in Bangalore are seeing a shift in demand towards plotted developments, as they offer land ownership, a scarce commodity in a crowded city .
The infrastructure development in the area, including the airport expansion, the upcoming metro line, and the Aerospace Park, is a strong driver for property appreciation. These factors create a robust demand for housing, making plots in well-planned communities like this a sought-after asset . While no one can guarantee future returns, the historical trends in this corridor suggest significant long-term capital appreciation, making it an attractive option for investors looking for a tangible asset.
Comparison With Other Projects
When choosing between different plotted developments, Assetz City Of Palms offers several unique selling points. Its location on IVC Road provides direct access to major highways, which is a significant advantage over other projects that may be more interior. The reputation of Assetz Group as a developer with a strong focus on design and sustainability is another key differentiator . The project’s low-density planning and emphasis on open spaces, with over 60% of the land dedicated to greenery, offer a living experience that is hard to find in more congested urban layouts.
Other Upcoming Assetz Group Projects
Assetz Group has a strong pipeline of new projects in Bangalore, reinforcing its commitment to the city’s real estate market. Here are some other notable upcoming projects:
Assetz Muse and Maison
Assetz Muse and Maison is another premium residential venture by the Assetz Group. While detailed information is still emerging, it’s expected to follow the group’s established pattern of creating thoughtfully designed living spaces in prime locations. This project will likely appeal to buyers looking for the signature Assetz quality and design in a new setting. The group’s focus on sustainability and community living will be a core part of this development . Learn more about Assetz Muse and Maison
Assetz Miru And Miyo
Located in Yelahanka, Assetz Miru And Miyo is another exciting project from the group. Yelahanka is a well-established locality in North Bangalore, known for its greenery and proximity to the airport. This project adds to the group’s strong portfolio in the region, offering homebuyers more options in a location that is both residential and well-connected . The project is expected to feature the modern amenities and sustainable practices that are hallmarks of Assetz developments. Learn more about Assetz Miru And Miyo
Assetz Codename Sanctum
Assetz Codename Sanctum is one of the Assetz New Projects in Bangalore that has generated considerable interest. While specific details about this project are limited, its name suggests a focus on creating a secure and exclusive living environment. It will likely be a premium offering that continues the group’s tradition of innovative real estate solutions. Buyers interested in Assetz’s upcoming work in Bangalore are keenly watching this project . Learn more about Assetz Codename Sanctum
Comparison Table
To help you make an informed decision, here’s a detailed comparison of Assetz City Of Palms with the other upcoming Assetz projects in Bangalore.
| Feature | Assetz City Of Palms | Assetz Muse and Maison | Assetz Miru And Miyo | Assetz Codename Sanctum |
|---|---|---|---|---|
| Location | Devanahalli, North Bangalore | Details Awaited | Yelahanka, North Bangalore | Details Awaited |
| Status | New Launch | Upcoming | Upcoming | Upcoming |
| Type | Premium Residential Plots | Details Awaited | Details Awaited | Details Awaited |
| Configuration | 1,200, 1,500, 2,400 sq.ft. | Details Awaited | Details Awaited | Details Awaited |
| Sizes | 1,200 sq. ft. – 2,400 sq. ft. | Details Awaited | Details Awaited | Details Awaited |
| Land Area | ~25 Acres (Phase 1) | Details Awaited | Details Awaited | Details Awaited |
| Units | 442 (Phase 1) | Details Awaited | Details Awaited | Details Awaited |
| RERA | PRM/KA/RERA/1250/303/PR/300626/008780 | Details Awaited | Details Awaited | Details Awaited |
| Possession | 15 February 2029 | Details Awaited | Details Awaited | Details Awaited |
| Price | ₹1.08 Cr* Onwards | Details Awaited | Details Awaited | Details Awaited |
| Developer | Assetz Group | Assetz Group | Assetz Group | Assetz Group |
Source:
FAQ
1. What is the RERA registration number for Assetz City Of Palms?
The RERA registration number for the project is PRM/KA/RERA/1250/303/PR/300626/008780 .
2. What are the plot sizes available in the project?
The project offers residential plots in three sizes: 1,200 sq.ft., 1,500 sq.ft., and 2,400 sq.ft. .
3. When is the expected possession date for Assetz City Of Palms?
The expected possession date is 15 February 2029 .
4. Where is Assetz City Of Palms located exactly?
The project is situated at Doddacheemanahalli Village, Kundana Hobli, Devanahalli, North Bengaluru .
5. What is the starting price for a plot in this project?
The starting price for a plot in Assetz City Of Palms is ₹1.08 Crore onwards .
6. Is the project a gated community with security features?
Yes, it is a gated community with 24/7 security personnel and CCTV surveillance .
Conclusion
Choosing where to build your home is a significant decision. Assetz City Of Palms offers a compelling blend of strategic location, trusted developer background, and the fundamental value of land ownership. Its position in the rapidly developing North Bengaluru corridor, combined with the convenience of a new launch, makes it an excellent opportunity for both end-users and investors. The project’s design promotes a healthy, community-focused lifestyle, and its connection to key infrastructure ensures it will remain a desirable address for years to come.