Assetz Secures 10 Acres for North Bengaluru Residential Project
Published
Assetz Property Group has secured a 10-acre parcel within KIADB Hardware Park in North Bengaluru through a partnership with Fairlark Sagar Enterprises Centroid Pvt. Ltd. The company announced the land deal on 13 October 2026, marking a further step in its expansion across infrastructure-linked growth areas of Bengaluru.
The proposed residential development is expected to have at least 1.68 million square feet of saleable built-up area. Assetz described the parcel’s scale as an opportunity to plan a cohesive residential project. The acquisition is at the land stage, and the announcement positions the development as an upcoming addition to the group’s North Bengaluru pipeline.
The details of the KIADB Hardware Park deal
The partnership with Fairlark follows the companies’ earlier collaboration on Assetz Sora & Saki in the same micro-market. Assetz has described the new parcel as a proposed residential project, and the land transaction is the milestone announced so far. The development is referred to here as Assetz KIADB Hardware Park.
- Land parcel: 10 acres within KIADB Hardware Park, North Bengaluru
- Development type: proposed residential project
- Estimated saleable built-up area: at least 1.68 million square feet
- Land partner: Fairlark Sagar Enterprises Centroid Pvt. Ltd.
- Announcement date: 13 October 2026
The transaction fits Assetz’s stated strategy of building its development pipeline in Bengaluru corridors with infrastructure links and residential demand. The company’s executive director, Sunil Pareek, said the parcel’s scale gives the developer room to plan a coordinated residential community. The announcement does not yet describe a launch programme; the project remains at the land-acquisition stage.
The location
KIADB Hardware Park is in North Bengaluru, within a wider area shaped by technology, aerospace and engineering activity. Shell India Markets, SAP Labs and Boeing are among the established companies identified near the site. The location also has road connections towards Devanahalli, Bagalur, Budigere Cross, Old Madras Road and Whitefield, including routes linked to the Satellite Town Ring Road.
Kempegowda International Airport is approximately 15 minutes away. Larger infrastructure plans relevant to the northern growth corridor include the upcoming Hebbal–Kempegowda International Airport Metro Line and an elevated expressway towards the airport and Devanahalli Business Park. KIADB is developing a 950-acre IT and aerospace park in Bagalur, alongside a 250-acre special economic zone within the hardware park. The proposed BIAL IT Investment Region is planned across 12,000 acres, with an announced investment value of ₹1,500 billion. A satellite ring road is also planned to connect the city with Doddaballapur.
The developer
Assetz Property Group was founded in 2006 by Rajpal Singh Chaudhary and Ben Salmon. The Bengaluru-focused developer has delivered 16 projects and has more than 40 million square feet delivered, under construction or planned across over 50 residential and commercial projects, including more than 23,000 units. Its land bank exceeds 600 acres, assembled through acquisitions and partnerships. The group has also developed over 4.5 million square feet of office space, including Vrindavan Tech Village, now Embassy Tech Village, and Global Technology Park.
Its Bengaluru residential portfolio includes Assetz Sora & Saki at KIADB Hardware and IT Park, Assetz Codename Palmscape on IVC Road and Assetz 22 & Crest in Yeshwanthpur. The new land deal therefore extends an existing presence in the North Bengaluru market, while bringing Fairlark into a further joint development there.
What comes next
The next step is planning the residential development on the acquired parcel. The announcement establishes the land area, development type and estimated saleable built-up area; the immediate milestone is the 13 October 2026 land-deal announcement. The upcoming project will add to Assetz’s North Bengaluru pipeline alongside its existing Sora & Saki development in the same micro-market.