Introduction
North Bengaluru is changing fast. The area around the airport is seeing new projects launch every month. One of the most talked-about new launches is the Assetz City Of Palms project on IVC Road.
This review gives you a clear picture of what this plotted development offers. We have looked at verified data from RERA, checked location details, and studied the developer’s track record. Our goal is simple: help you decide if this project fits your needs.
The project is a premium residential plotted development spread across roughly 25 acres in Phase 1. It offers 442 plots in the first phase. Plot sizes range from 1,200 sq.ft. to 2,400 sq.ft. Prices start at ₹1.08 Crore onwards.
This is a new launch, which means early buyers get the best choices. But new launches also come with waiting periods. We will cover both the good and the points you need to think about.
About Assetz Group
Assetz Property Group started in 2006. The company is based in Singapore and has built a strong presence in Bengaluru. The group has developed and planned over 50 million sq.ft. of residential space across more than 50 projects.
The company has acquired or licensed over 700 acres of land. Assetz has delivered more than 24,000 units across residential and commercial segments.
Track Record to Consider
The developer’s recent project deliveries show improvement. Some older projects faced delays of over a year, and there were documented complaints about possession dates slipping. Some customers also raised concerns about extra charges and changes to society plans.
That said, the more recent picture looks better. Two Assetz projects were reportedly delivered ahead of schedule, which shows a positive shift in their execution discipline. Construction quality has received consistent praise. Buyers note the use of RCC-framed structures, good flooring, and quality finishes as standard.
For plotted developments specifically, the quality picture differs. The developer’s main responsibility lies in common infrastructure, roads, and clubhouse rather than individual home construction. Still, the overall execution track record matters when you are trusting someone with your investment.
Project Details
Project Name: Assetz City Of Palms
Location: Doddacheemanahalli Village, Kundana Hobli, Devanahalli, North Bengaluru
Project Type: Premium Residential Plotted Development
Configuration: Residential Plots
Plot Sizes: 1,200 sq.ft., 1,500 sq.ft., 2,400 sq.ft.
Total Land: ~25 Acres (Phase 1)
Total Plots: 442 (Phase 1)
RERA Number: PRM/KA/RERA/1250/303/PR/300626/008780
Possession: 15 February 2029
Starting Price: ₹1.08 Crore* Onwards
The project is registered with Karnataka RERA, which is important for buyer protection. The registration ID confirms the project’s legal status and gives buyers a way to track progress.
Different sources mention varying total land areas and plot counts. Some list 35 acres and 620-642 plots. This difference may be due to Phase 1 vs. total project size. We recommend verifying the exact Phase 1 details directly with the developer.
Plot Configurations and Pricing
| Plot Size | Approximate Price |
|---|---|
| 1,200 sq.ft. | ₹1.08 Crore onwards |
| 1,500 sq.ft. | ₹1.35 Crore onwards |
| 2,400 sq.ft. | ₹2.16 Crore onwards |
Prices are all-inclusive as per the developer’s brochure. Always confirm the final cost including all charges.
Location Advantages
The project sits on IVC Road in Doddacheemanahalli, Devanahalli. This is one of North Bengaluru’s fastest-growing corridors.
Proximity to Key Landmarks
- Kempegowda International Airport: Accessible in about 25 minutes
- NH44: Approximately 8 minutes away
- Devanahalli Railway Station: Around 23 minutes
- IVC Road: 2.4 km from the project site
- To The Tee Golf Academy: 3.2 km
- Vidyashilp University: 5.8 km
Infrastructure Growth
North Bengaluru is seeing major infrastructure development. The Satellite Town Ring Road (STRR) will improve connectivity to surrounding areas. The Bangalore Aerospace Park, spanning 980 acres, hosts major players like Boeing and Airbus.
The area also connects well via NH44 and NH648. A metro extension is part of long-term plans but is still under construction. This means you should not expect metro access immediately.
Amenities
The project comes with a grand clubhouse spanning approximately 20,000 sq.ft.. Below are the listed amenities.
Available/Confirmed Amenities:
- Gated community with 24/7 security and CCTV surveillance
- Landscaped gardens and tree-lined avenues
- Over 60% open spaces
- Rainwater harvesting
- Sewage treatment plant
- Underground electrical cabling
- Street lighting
- Themed parks and urban forests
- Open amphitheatre
- Swimming pool, gymnasium, indoor games room (within clubhouse)
- Sports courts including basketball, cricket nets
- Jogging tracks
- Children’s play area
Coming Soon (Not Confirmed):
Some amenities mentioned in various sources lack official confirmation. These include specifics about yoga spaces, retail stores, and pet parks. We recommend getting a full amenities list from the developer’s official brochure.
Developer Overview
Assetz Property Group has positioned itself strongly in Devanahalli’s plotted development segment. The company focuses on villa-plot communities rather than high-rise apartments in this micro-market. This is a deliberate choice based on the area’s profile.
The developer’s Singapore-based structure matters. It provides institutional backing for long-term land parcels and plotted developments. This is relevant because Devanahalli projects typically have longer holding periods.
Honest Assessment of the Developer
The developer’s record has improved. Earlier project delays were a concern, but recent deliveries have been better. Construction quality remains one of their strong points.
For projects like Assetz City Of Palms, the key deliverable is common infrastructure. The developer builds roads, clubhouse, utilities, and landscaping. Individual home construction is the buyer’s responsibility. This shifts the risk to the buyer for the home-building phase.
The developer’s focus on sustainability and future-ready communities is clear. Low-density planning and green spaces are central to their approach.
New Launch Advantages
Buying in a new launch phase offers distinct benefits.
First-Mover Benefits
You get the best plot selection in a new launch. Choice of location within the layout, facing direction, and plot size is maximum at this stage. Early buyers can pick premium plots facing parks, clubhouse, or with wider roads.
Pricing Advantage
New launches typically have lower introductory prices. Prices increase with subsequent phases. Early buyers often benefit from this appreciation as the project progresses.
Flexibility for Custom Homebuilding
Since these are plots, you have full freedom to design your home. You are not limited to a developer’s apartment configuration. This flexibility appeals to buyers who want personalised homes.
Things to Consider
New launches mean waiting periods. Possession is February 2029, which is over two years away. Your investment is locked in during this period. Interest on home loans starts immediately, so factor that into your planning.
Nearby Landmarks
The project’s location offers access to real, verified landmarks within reasonable distance.
Educational Institutions (within 6 km):
- Vidyashilp University – 5.8 km
Recreation and Sports:
- To The Tee Golf Academy – 3.2 km
Transportation:
- Kempegowda International Airport – approximately 25 minutes
- NH44 – approximately 8 minutes
- Devanahalli Railway Station – approximately 23 minutes
Nearby Road Connectivity:
- IVC Road – 2.4 km
Note: The area’s social infrastructure is still developing. Schools like DPS and Greenwood High are nearby, but retail and healthcare options are expanding rather than fully established. This is important for families planning to move in immediately after possession.
Investment Potential & ROI
Devanahalli’s growth story is airport-led. The area has transformed from a modest settlement into an active real estate and commercial hub.
Demand Drivers
The Bangalore Aerospace Park hosts major employers. The STRR corridor will boost connectivity further. North Bengaluru is seeing strong interest from NRIs, long-term investors, and families looking for custom homes.
Appreciation Factors
Plotted developments in this corridor have shown steady price growth. Land as an asset class typically appreciates over the long term. The large land parcels, gated community format, and nature-centric design add to the appeal.
Important: No one can guarantee returns. The area requires patience. Social infrastructure is catching up but still developing. This is a 5-7 year play, not a quick flip. Strong infrastructure projects like STRR and the metro extension will support long-term growth.
Who Should Invest?
- Long-term investors comfortable with a 5+ year horizon
- NRIs looking for a secure land asset in a growing corridor
- Families planning to build custom homes in the future
- Buyers who prefer land appreciation over rental yields
This is one of the most promising Residential Properties in Bangalore for those looking at plotted developments. The location, developer brand, and project scale make it a notable option.
Comparison With Other Projects
Plotted developments in North Bengaluru are increasing. The Assetz City Of Palms competes with other villa-plot communities in the airport corridor.
Key Differentiators:
Project Scale: At 25 acres (Phase 1), it offers good community living without being too massive. Lower density means more open spaces and less congestion.
Developer Brand: Assetz has a recognisable name in Bengaluru. Their institutional backing and Singapore headquarters give a sense of stability.
Plot Sizes: The 1,200 sq.ft. entry size is accessible compared to larger plot requirements in some other projects. The 2,400 sq.ft. option appeals to premium buyers.
Connectivity: IVC Road provides good access to the airport and highways. This is a key advantage over projects with poorer road connectivity.
Pricing: At ₹1.08 Crore onwards, it is competitive for a premium plotted development with good amenities.
Other Upcoming Assetz Group Projects
Assetz has several other projects in the pipeline. Here is what we know about them.
Assetz Muse and Maison
This upcoming project is part of Assetz’s expanding portfolio in Bengaluru. The developer continues to focus on premium residential developments that emphasise open spaces and modern design. Muse and Maison is expected to follow the group’s established template of low-density planning and sustainability features. The project location and exact details are yet to be fully disclosed. You can check Assetz Muse and Maison for updates.
Assetz Miru And Miyo
Located in Yelahanka, this project represents Assetz’s strategy in North Bengaluru. Yelahanka has emerged as a prime residential corridor. The area offers good connectivity to the airport, tech parks, and educational institutions. Miru And Miyo is designed as a luxury residential enclave. The project emphasises open spaces and community living. For more information, visit Assetz Miru And Miyo.
Assetz Codename Sanctum
Codename Sanctum is another upcoming project from the Assetz Group. Details are limited as the project is in the pre-launch stage. The developer is known for plotted developments in North Bengaluru. Sanctum is expected to follow a similar format. You can find preliminary information at Assetz Codename Sanctum.
These projects are part of the developer’s growing pipeline. The Assetz New Projects in Bangalore reflect the company’s focus on plotted developments in emerging corridors.
Comparison Table
| Feature | Assetz City Of Palms |
|---|---|
| Location | Doddacheemanahalli, Devanahalli, North Bengaluru |
| Status | New Launch |
| Type | Premium Residential Plotted Development |
| Configuration | Residential Plots |
| Plot Sizes | 1,200, 1,500, 2,400 sq.ft. |
| Land Area | ~25 Acres (Phase 1) |
| Units | 442 Plots (Phase 1) |
| RERA | PRM/KA/RERA/1250/303/PR/300626/008780 |
| Possession | 15 February 2029 |
| Price | ₹1.08 Crore onwards |
| Developer | Assetz Group |
FAQ
Q1: What are the plot sizes available in Assetz City Of Palms?
The project offers three plot sizes: 1,200 sq.ft., 1,500 sq.ft., and 2,400 sq.ft. Prices start at ₹1.08 Crore for the 1,200 sq.ft. plot.
Q2: Is the project RERA registered?
Yes. The RERA number is PRM/KA/RERA/1250/303/PR/300626/008780. You can verify this on the Karnataka RERA website.
Q3: Where exactly is the project located?
The project is at Doddacheemanahalli Village, Kundana Hobli, Devanahalli, North Bengaluru. It sits on IVC Road, approximately 25 minutes from Kempegowda International Airport.
Q4: When is the possession date?
The RERA-registered possession date is 15 February 2029. Some sources mention December 2028 as a target date, but the official RERA date is February 2029.
Q5: Are there any ongoing disputes or litigation?
The project has a pending civil case (OS 128/2026) in the Principal Senior Civil Judge and JMFC court at Devanahalli. We recommend verifying the current status and implications with the developer or a legal expert.
Q6: Are amenities confirmed?
Several amenities are confirmed, including the clubhouse, swimming pool, gym, sports courts, and security systems. Some other amenities are listed as “Coming Soon.” Get the final list from the developer’s brochure.
Conclusion
The Assetz City Of Palms is a significant new launch in North Bengaluru’s plotted development segment. The project offers good plot sizes, a gated community format, and access to the airport corridor. The developer’s track record shows improvement, though earlier projects had delays.
Pros:
- Strong location on IVC Road with good airport access
- Premium plotted development with large open spaces
- RERA registered with clear possession date
- Competitive pricing for this segment
- Established developer brand
Cons:
- Pending litigation mentioned in records (verify status)
- Social infrastructure in the area is still developing
- Long possession timeline (February 2029)
- Past project delays (though recent performance is better)
- Common infrastructure only; individual home construction is your responsibility
Our Verdict:
This project suits long-term investors and those planning to build custom homes. The area’s growth story is real, backed by infrastructure projects and the airport. However, patience is key. Social amenities will take time to mature. Compare the project with other Assetz offerings and other developers before deciding.
Book a site visit. See the location yourself. Check the progress. Talk to current Assetz community residents. This gives you the best picture of what to expect.
