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KVN Group partners with Assetz in ₹1,000-Cr North Bengaluru real estate project

KVN Properties LLP has joined hands with Assetz Group to launch a premium residential project in North Bengaluru. The development will span approximately 1 million square feet and carry an estimated Gross Development Value (GDV) of ₹1,000 crore, marking a significant advancement in KVN’s residential growth strategy. KVN plans to execute the project in a single phase over 3–4 years, beginning after securing all required approvals, including RERA registration.

With this partnership, KVN’s total tied-up residential development for FY 2025–26 has grown to approximately 4.4 million square feet, following its earlier joint development deal with Puravankara Group announced in May 2025, which covers 3.4 million square feet.

Structured under a Development Management Agreement (DMA), KVN will handle all project-related expenses, including land acquisition and construction costs, while Assetz Group will oversee the project as the Development Manager.

“As we scale to 10 million square feet this fiscal, our goal remains clear, create exceptional living spaces in high-growth corridors with the right partners and a disciplined investment approach,” says Venkat K Narayana, Promoter, KVN Property LLP.

“North Bangalore is a high-growth corridor with a discerning buyer base. This project also marks the beginning of what we believe will be a successful, multi-project collaboration across Bengaluru,” says Sunil Pareek, Executive Director, Assetz Pvt Ltd. 

The partnership between KVN Properties and Assetz Group marks a significant milestone in North Bengaluru’s residential real estate landscape. With a ₹1,000 crore investment and a strategic development model, the project not only strengthens KVN’s presence in the region but also reflects growing investor confidence in Bengaluru’s premium housing market.

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