KVN Properties and Assetz Group join forces for Rs1,000 crore residential project in North Bengaluru. The strategic tie-up adds 1 million sq. ft. to KVN’s FY26 pipeline. KVN Properties LLP has signed a strategic Development Management Agreement (DMA) with Assetz Group to develop a premium residential project in North Bengaluru. Spanning 5.6 acres and nearly 1 million sq. ft., the project carries an estimated Gross Development Value (GDV) of Rs1,000 crore and marks a significant expansion of KVN’s residential portfolio.
This partnership elevates KVN’s cumulative tied-up residential development for FY26 to 4.4 million sq. ft., following its earlier 3.4 million sq. ft. joint venture with Puravankara Group. The company aims to scale to 10 million sq. ft. this fiscal, reinforcing its commitment to high-growth corridors and disciplined investment.
Under the DMA model, KVN will fund land procurement and construction, while Assetz brings design-led development expertise and execution capabilities. The project is structured as a single-phase development over 3–4 years, commencing post regulatory approvals including RERA registration.
With North Bengaluru posting 14% YoY price growth in H1 2025—the highest in India alongside NCR—the collaboration is poised to meet rising demand for well-amenitized, design-forward homes. Both partners emphasize community-focused planning, with configurations tailored to evolving buyer preferences and long-term urban growth.
