Hennur in North Bangalore is seeing significant transformation. New residential projects are reshaping the area. Assetz Codename Paradise is one of the most awaited launches in this corridor. This upcoming luxury residential project by Assetz Group offers a new way to live. It focuses on space, privacy, and community living.
The project marks a shift in how urban homes are designed. It moves away from cramped high-rise apartments. Instead, it brings a boutique living concept to Hennur Extension. This blog explores every detail of this upcoming project. We will look at its location, amenities, and investment potential. We will also see why it stands out among other Residential Properties in Bangalore.
About Assetz Codename Paradise
Assetz Codename Paradise is an upcoming luxury residential project. It is located in Hennur Extension, one of Bangalore’s fastest-growing areas. The project is designed as a low-density community. It offers 2 and 3 BHK apartments. However, verified reports indicate a focus on spacious 4 BHK villaments. The exact configurations will be confirmed at launch. The project spans about 8 acres of land. It will have only 188 exclusive units. This low density ensures more open space for every resident.
The project is still in its early stages. The RERA number is currently under process. The expected possession date is December 2030. The starting price is available on request. The project aims to offer a balanced lifestyle. It combines modern architecture with abundant greenery. This makes it a unique offering in the Hennur micro-market.
Project Details
The project details highlight its exclusive nature.
- Project Name: Assetz Codename Paradise
- Location: Hennur Extension, Bangalore
- Status: Upcoming
- Type: Luxury Residential Project
- Configurations: 2 & 3 BHK Apartments (Primary focus on Villaments)
- Land Area: Approximately 8 Acres
- Total Units: 188
- RERA Status: Approval Under Process
- Possession: Expected by Dec 2030
- Price: Available on Request
The project focuses on quality over quantity. With only 188 units on 8 acres, the density is very low. This translates to more privacy and better ventilation. It also means less crowding in common areas. For homebuyers, this is a significant advantage. It offers the feel of a villa within a gated community. This concept is often called a villament. It gives you space and security at the same time.
Location Advantages
Location is a key factor for any real estate investment. Hennur Extension offers excellent connectivity. It is well-connected to major IT hubs. Manyata Tech Park is easily accessible from this area. Other employment centers on Outer Ring Road are also nearby. This makes Assetz Codename Paradise ideal for working professionals.
Connectivity is further strengthened by major roads. Hennur Road connects to Thanisandra Road and Hebbal. The Outer Ring Road is also close by. This allows easy travel across the city. Kempegowda International Airport is reachable via the northern corridor.
The area also has good social infrastructure. Several schools and hospitals are located nearby. Retail options and entertainment zones are growing in the vicinity. The presence of other Assetz projects like Soul & Soil has created a premium ecosystem here. This ensures that residents have access to quality services.
Amenities
Amenities define the living experience in any luxury project. Assetz Codename Paradise is expected to offer a wide range of features. While the final list is subject to change, some amenities are anticipated.
There will be a focus on outdoor living. Landscaped gardens will provide green spaces for relaxation. A jogging track will help residents stay fit. Children will have their own dedicated play area. These are common features in modern gated communities.
Security will be a top priority. The project will have 24/7 security systems. This includes CCTV surveillance and trained guards. Fire safety systems will also be in place. For recreation, residents can expect indoor games and a party area. Retail spaces are also planned for everyday convenience. Some premium amenities are still pending confirmation. We have marked these as “Coming Soon”.
Developer Overview
The developer behind a project is crucial. Assetz Group is a well-known name in Bangalore real estate. They have a strong track record in delivering quality projects. The company was founded in 2006. They focus on residential and commercial development. Their portfolio includes many successful projects.
Assetz Group is known for design-forward planning. They prioritize customer satisfaction and quality. The group has a residential portfolio exceeding 35 million sq. ft. They are actively expanding across Bangalore. They have acquired 16 land parcels recently. These acquisitions have a gross development value of Rs 15,000 crore. This shows the scale of their operations. It also shows their commitment to the Bangalore market. They are on course to double their turnover in three years.
New Launch Advantages
Buying in a new launch has several benefits. It offers the best choice of units. You can select the best floor and view. Early buyers often get better prices. The payment plans are also more flexible. As the project progresses, prices typically go up. This provides a potential for capital appreciation.
Assetz Codename Paradise is in the Expression of Interest (EOI) stage. This is the earliest phase of the project. Buyers who enter at this stage get certain advantages. They can get preferential allotment of units. They can also negotiate better pricing. This phase is ideal for serious homebuyers. They can secure their dream home early. It is also good for investors looking for a strategic entry.
Nearby Landmarks
The project is located in a rapidly developing area. While specific distances are not available, the location offers access to key landmarks. The project is situated off Hennur Road. This is a major arterial road in North Bangalore. It provides easy access to Hebbal and the ORR. The Kempegowda International Airport is also within driving distance.
Employment hubs like Manyata Tech Park are located nearby. This ensures a strong demand from IT professionals. Schools, hospitals, and retail stores are available in the vicinity. The area is also close to other residential developments. This creates a vibrant and well-established community.
Investment Potential & ROI
Hennur Road has shown steady price appreciation. A December 2024 study pegged average capital values at roughly INR 8,598/sqft. The corridor saw a 45% price appreciation in the last five years. This trend is likely to continue. Infrastructure upgrades are driving this growth. Road widening projects and proposed metro extensions are underway. These will further improve connectivity and property values.
Assetz Codename Paradise is a premium project. It targets the luxury segment. Such projects often attract high-net-worth individuals and NRIs. The demand for large, low-density homes is rising. Many people prefer villas and villaments over apartments. This project caters to this niche demand.
The area has high liquidity and strong rental yields. The presence of IT parks ensures a steady tenant pool. This makes it attractive for investors seeking rental income. However, the high entry ticket means it is for long-term investors. It is better suited to end-users looking for a lifestyle upgrade. We recommend a long-term view rather than a short-term profit.
Comparison With Other Projects
Hennur has several residential projects. Most of them are high-rise apartment complexes. They offer 2, 3, and 4 BHK units. However, they often have a higher density. They may also have smaller unit sizes.
Assetz Codename Paradise offers a different proposition. It is a low-density community with only 188 units. This is significantly lower than typical apartments. The focus is on space and privacy. The project offers 4 BHK villaments. This is a niche product. It appeals to buyers who want villa-like living. It provides more space than a standard 3 BHK apartment.
Other Upcoming Assetz Group Projects
Assetz Group has a strong pipeline of projects. Here are three other upcoming or ongoing projects.
Assetz 18 & Oak
Assetz 18 & Oak is a premium luxury project in Sarjapur, Bangalore. It offers luxury villa plots. The project spans a massive 177 acres. It is located off Sarjapur Main Road. The project is ready-to-move-in. It offers 3, 4, and 5 BHK villa configurations. The RERA number for the project is PRM/KA/RERA/1251/310/AG/171114/000400. It comprises a total of 242 units. The project is known for its 18-hole golf course. It offers a unique lifestyle with extensive open spaces. Assetz 18 & Oak is ideal for those seeking a luxurious villa home. It provides a resort-like living experience on the outskirts of Bangalore.
Assetz Mizu & Ki
Assetz Mizu & Ki is another upcoming project by Assetz Group. It is also located in the Hennur area. This project provides more options for homebuyers in this corridor. It is part of Assetz’s strategy to strengthen its presence in North Bangalore. The project is expected to offer premium amenities. It caters to the growing demand for quality housing in Hennur. The specific details about configurations and pricing are expected at launch. However, it is likely to follow the Assetz philosophy of design and quality.
Assetz Codename Twin Lake City
Assetz Codename Twin Lake City is a large township project. It is also part of the Assetz pipeline. This project is set to redefine community living. It is a plotted development offering 1200 sqft and 1500 sqft sites. The project is spread across a vast area. It is designed as a self-sustained community. It will have extensive amenities like parks and sports facilities. It is expected to be a landmark project. It follows the theme of integrating nature with urban living. This project is ideal for buyers who want to build their own custom homes.
Comparison Table
| Feature | Assetz Codename Paradise | Typical 3 BHK Project in Bangalore |
|---|---|---|
| Type | Premium Villaments / Apartments | High-Rise Apartments |
| Location | Hennur Extension, Bangalore | Various Suburbs |
| Status | Upcoming | Varies (Under Construction / Ready) |
| Density | Low (188 units on 8 acres) | High (Often 500+ units) |
| Configuration | Primarily 4 BHK | 2 & 3 BHK |
| Open Space | High (Expansive) | Medium to Low |
| Pricing | Premium (Available on Request) | Mid to Premium (Often Lower) |
FAQ
1. What is the status of Assetz Codename Paradise?
The project is currently in the upcoming stage. It is in the pre-launch or Expression of Interest (EOI) phase. The RERA approval is under process. The expected possession date is around December 2030.
2. Where is Assetz Codename Paradise located?
The project is located in Hennur Extension, Bangalore. It is situated off Hennur Road. This is a prime location in North Bangalore near Manyata Tech Park.
3. What configurations are available?
While marketing suggests 2 and 3 BHK, verified reports indicate the project will primarily offer 4 BHK villaments. We expect more details at the official launch.
4. What amenities will the project have?
The project will feature modern amenities. These include landscaped gardens, a jogging track, and a children’s play area. Other amenities like a clubhouse and swimming pool are “Coming Soon”. Security is a key feature with 24/7 surveillance.
5. Is the project RERA approved?
The RERA number for Assetz Codename Paradise is currently under process. Once received, it will be registered with the Karnataka RERA. This is a normal process for new launches.
6. What is the price of the apartments?
The starting price is available on request. The project is a premium offering. Prices are expected to be on the higher side due to its low density and prime location.
Conclusion
Assetz Codename Paradise is a unique upcoming project in Hennur. It brings a fresh perspective to urban living. It focuses on providing space and privacy. The low-density format is a major advantage. It offers a peaceful living environment. The location is ideal for those working in North Bangalore. The project is from a trusted developer, Assetz Group.
The project targets the premium segment. It will appeal to end-users looking for larger homes. The spacious villament concept is perfect for families. While the RERA approval is under process, the project shows strong potential. The expected possession by December 2030 provides a clear timeline.
This project is set to redefine living standards in Hennur. It offers a better alternative to crowded high-rises. It is a solid option for those looking to upgrade their lifestyle. For those exploring Assetz New Projects in Bangalore, this is a compelling choice. It is not just a home; it is a statement. It represents a sophisticated and comfortable way of life.
