Assetz Mizumi Reserve Phase 1 Receives Karnataka RERA Registration — No. PRM/KA/RERA/1251/310/PR/040226/008450
Phase 1 Registration Secured
Assetz Mizumi Reserve Phase 1 received Karnataka RERA registration PRM/KA/RERA/1251/310/PR/040226/008450 in February 2026, with possession targeted for December 2030. The registration fixes the sanctioned plan, carpet areas, and a filed progress-reporting obligation that runs quarterly on the Karnataka RERA portal. This milestone marks formal state approval of the project's master plan, unit specifications, and handover timeline, placing binding construction progress reporting obligations on the developer.
Project Scale and Layout
Assetz Mizumi Reserve is a low-density, lakeside apartment development operating as Phase 1 of an 80-acre master plan, placing 440 homes across three towers on roughly 25 acres, with the developer citing around 77 percent open space and green cover. The site sits between two natural lakes, giving a meaningful proportion of homes an uninterrupted water-facing orientation that drives both liveability and long-run scarcity value.
Residential Configurations
Configurations are premium: 3 BHK homes from about 1,901 square feet and 4 BHK homes near 2,476 square feet, aimed at buyers trading up from a first apartment or relocating into South East Bangalore for the tech corridors. Homes are priced from roughly Rs 2.47 Cr, with December 2030 possession.
Amenities and Infrastructure
The clubhouse runs to about 63,000 square feet with a pool, gymnasium, mini theatre and a full wellness and sports programme. The 63,000-plus square foot clubhouse is the centrepiece of an amenity stack that includes temperature-controlled pools, a private bowling alley, Padel Tennis, Pickleball, Box Cricket, and a dedicated food truck zone.
Location and Connectivity
The Namma Metro Yellow Line stations at Singasandra (approximately 2 km) and Kudlu Gate are bringing rapid-transit access to a locality that already enjoys road links to HSR Layout, Koramangala, and the Sarjapur–Marathahalli ORR tech corridor. Major office campuses including Embassy Tech Village, RMZ Ecospace, and Vaishnavi Tech Park are accessible within 20 minutes, making Mizumi Reserve a practical daily address for the south Bangalore professional class.
About Assetz Property Group
Assetz Property Group was founded in 2006 by Ben Salmon and Rajpal Singh Chaudhary, with its group headquarters in Singapore and operational base at Crescent Road, Bangalore. The group entered Indian real estate through commercial development, delivering Vrindavan Tech Village — now Embassy Tech Village — which became India's first Platinum LEED-certified IT SEZ, and Global Technology Park, together accounting for over 4.5 million square feet of Grade-A office space valued at more than USD 500 million. The group's residential platform spans 25-plus projects, over 11,400 units, and 18-plus million square feet across the city.
Mizumi Reserve represents the group's most ambitious single township to date. Assetz operates as an investor-led company, meaning capital discipline and governance are built into project selection rather than applied after the fact. Each site is evaluated on clear title, sustainable demand, and corridor-level connectivity — criteria that align buyer interests with investor expectations. The group's supplier code of conduct, structured approach to stakeholder transparency, and board-level governance direction reflect a business model closer to an institutional asset manager than a conventional builder.
Quarterly Progress Tracking
With RERA registration now filed, Assetz must file quarterly progress updates on the official Karnataka RERA portal. Prospective buyers can access the registration number and tracking updates directly through the state authority's website to monitor construction milestones against the sanctioned timeline.