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Assetz Acquires Over 200 Acres in Bengaluru to Build 7,500 Homes

16th April 2025

4 Min Read

Story of Assetz’s Ambitious Expansion in Bengaluru

In a significant stride towards reshaping Bengaluru's real estate landscape, Assetz has acquired 200 acres of prime land across multiple areas in the city. Over the past two years, the company has secured 16 valuable land parcels, strategically positioned in some of Bengaluru's most promising corridors.

This bold move not only enhances Assetz’s real estate portfolio but also opens doors to the construction of more than 7,500 homes. The land acquisitions add a massive 15 million square feet of saleable area to the company's existing holdings, marking a new chapter in its growth story.

A Vision for Bengaluru’s Future

The acquired land spans across North, South, and Southeast Bengaluru, presenting immense potential for development. These locations are poised to attract homebuyers who seek accessibility, quality, and convenience—hallmarks of Assetz’s signature offerings.

The total Gross Development Value (GDV) for these new acquisitions is an astounding Rs 15,000 crore, with plans to launch a staggering 9.5 million square feet in the near future. In fact, 3 million square feet of this development has already hit the market, and another 6.5 million square feet is slated for launch during FY26. The upcoming launches will offer a diverse range of apartments, villaments, and plotted developments, catering to the growing demand for varied housing options in the city.

Pushing Boundaries with Massive Inventory Launch

Sunil Pareek, Executive Director of Assetz, expressed confidence in the company's future, stating, "With 10 new launches this financial year, we are introducing over Rs 7,000 crore worth of additional inventory for sale. Our expansion will position us to double our turnover within the next three years."

This ambitious plan solidifies Assetz’s commitment to contributing to Bengaluru’s skyline and responding to the city’s demand for sustainable and well-designed living spaces. As the company gears up for its next phase, it remains dedicated to its core values of quality, innovation, and customer satisfaction.

Looking Ahead to an Exciting Future

With such an expansive pipeline, Assetz is set to transform the Bengaluru real estate market. Their commitment to delivering exceptional projects aligns with their vision of creating sustainable, vibrant communities for future generations.

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