Assetz Property Group has operated in Bangalore since 2006 — first in commercial real estate, then in residential. The group began with two IT tech parks: Vrindavan Tech Village, now Embassy Tech Village and India's first Platinum LEED-certified IT SEZ, and Global Technology Park. That commercial foundation gave the group a working knowledge of Bangalore's employment geography before it wrote a single residential brief. Today the portfolio spans 25-plus projects across more than 300 acres, over 11,400 units, and 18-plus million square feet — work recognised with a "Sustainable Project of the Year" at the GRI Awards 2024. The group has successfully exited over 25 investors from its residential platform at an average IRR of 20 per cent, and has crossed INR 2,000 crore in annual sales turnover, placing it among the top five developers in Bengaluru.
Headquartered in Singapore, Assetz operates across commercial, residential, warehousing, and fund management verticals. Institutional partnerships include JP Morgan — now Apollo Capital — for a luxury row-house project, and the Logos Group for a warehousing and logistics vertical. The group also leased one million square feet of warehouse space to Amazon. That institutional profile shapes how Assetz underwrites residential sites: locations are chosen against employment catchments, not purely against land cost.
Across completed projects in Sarjapur, Whitefield, and Yelahanka, Assetz has maintained a consistent presence in Bangalore's fastest-growing corridors. The arrival of Assetz Soho and Sky at MCECHS Layout Phase 2, Jakkur marks the developer's deliberate entry into North Bangalore's most supply-constrained residential micro-market.
The original Assetz Soho and Sky at MCECHS Layout was constructed on a 4.5-acre land parcel across five towers of G+13 floors, offering 3 BHK and 4 BHK premium residences. The development achieved 75 per cent open space and 68 per cent green space within that footprint. A 16,000 sq ft clubhouse anchors the amenity programme, including a multi-court, cricket pitch, swimming pool, kids' pool, badminton court, steam and sauna, gymnasium, yoga and aerobics studio, and a clinic.
Phase 2 is a direct extension of the Phase 1 community, designed to provide modern living, convenience, and a vibrant community atmosphere. Following the enthusiastic response to Phase 1, Phase 2 offers buyers an opportunity to join an already-established premium community. Phase 2 features 3 BHK apartments spread across approximately 1.4 acres, comprising 73 exclusive residences ranging in size from roughly 1,976 to 2,275 sq ft.
The design concept is inspired by New York's SoHo district, blending bold architecture with contemporary urban living. Smart home automation, optional modular kitchens, and top-tier finishes carry that concept through to individual units. At 73 homes on 1.4 acres, the density is deliberately low — a considered departure from the high-unit-count township model that dominates North Bangalore launches.
The project is RERA-registered under PRM/KA/RERA/1251/472/PR/250322/004785. Pricing for Phase 2 3 BHK apartments runs from ₹2.77 crore to ₹3.19 crore.
The site sits at Srirampura Village, Yelahanka Hobli — the formal address behind the MCECHS Layout branding. It is positioned in North Bangalore close to Hebbal and Manyata Tech Park. That proximity is the primary commercial logic. Manyata Tech Park hosts tenants including Microsoft, Nokia, IBM, Cognizant, L&T Technology, and NVIDIA Graphics — a tenant mix that generates consistent demand for well-specified apartments within a short commute radius.
Jakkur averages 4.16 acres of project area per development — among the smaller footprints in Bangalore's growth corridors — which limits supply and suits Assetz's boutique approach rather than working against it. The layout itself is framed by KV Jairam Road, with National Highway 44 approximately 3.1 km away — the primary artery connecting Bangalore's CBD to Kempegowda International Airport. The airport is approximately 25 km from the project site.
The project sits five minutes from Phoenix Mall of Asia in Jakkur, the large mixed-use retail and entertainment destination that has reshaped daily convenience for the entire Jakkur-Thanisandra catchment since opening. Schools in the corridor include Vidyashilp Academy, Kensri School, and the Canadian International School on the north corridor. Healthcare is covered by Aster CMI Hospital, Baptist Hospital, and Columbia Asia Hebbal, all within a workable commute from MCECHS Layout.
Jakkur's connectivity picture is changing materially. The Namma Metro Blue Line — the ORR-to-Airport corridor — stretches 58.19 km across 30 stations, running from Central Silk Board in the south to Kempegowda International Airport in the north. Jakkur Cross station on this line connects the Yelahanka New Town and Jakkur Aerodrome zone. The Blue Line linking the airport with Hebbal is expected to open between June and September 2026.
Separately, an extension of the Purple Line connects Nagavara station to the Bangalore International Exhibition Centre via Manyata Tech Park, Jakkur, and Dasarahalli. Nagawara station is being built as a hybrid underground-and-elevated interchange between the Pink Line and Blue Line, located on Thanisandra Main Road in HBR Layout. The Pink Line is expected to open by December 2026 and the Blue Line by June 2026. Once both lines are operational, residents of MCECHS Layout Phase 2 will have multi-line metro access within a short drive, connecting them to both the airport and the city's east-west IT spine along the Outer Ring Road.
The price record for the MCECHS and Jakkur micro-market supports Assetz's positioning. Apartments in MCECHS Layout have seen a price movement of 31.8 per cent over the last year, with average rates reaching ₹14,500 per sq ft. Across Jakkur more broadly, flat rates changed by 19.4 per cent in the last year, 69.0 per cent over three years, 101.7 per cent over five years, and 182.4 per cent over ten years. Assetz Soho and Sky registers at approximately ₹13,450 per sq ft in current market listings, alongside premium-tier neighbours such as Sobha HRC Pristine and MAIA Pelican Grove.
North Bangalore ranks first among Bangalore investment corridors due to its infrastructure pipeline and proximity to Kempegowda International Airport, the Aerospace SEZ, and upcoming metro connectivity. North Bangalore outperforms East and South Bangalore because it is still in its early growth cycle, with localities like Devanahalli, Jakkur, and Hebbal showing increasing demand for apartments, villas, and plotted communities. For Assetz buyers, the Phase 2 entry price of ₹2.77 crore for a 3 BHK of approximately 1,976 sq ft represents a meaningful discount to the per-square-foot rates already being transacted in Hebbal — the mature node immediately south — which ranges from ₹12,500 to ₹20,000 per sq ft depending on tower age, floor, and brand.