Introduction
North Bangalore has become one of the most active real estate corridors in the city. With major infrastructure projects, employment hubs, and improved connectivity, this region attracts both homebuyers and investors. Among the new developments here, Assetz Codename Summit stands out as a project worth considering.
This residential project is located in KIADB Aerospace Park, Bagalur, Gummanahalli, North Bangalore. It offers 3 BHK apartments across 676 units in 3 towers with G+29 floors. The project sits on a development with approximately 73% open space and features a 13,500 sq.ft. clubhouse. Prices start at ₹1.50 Crore* onwards. The RERA registration number is PRM/KA/RERA/1251/472/PR/220726/008831, and possession is expected from July 2030 onwards.
This article covers the location advantages, amenities, developer background, investment potential, and how this project compares with other options in the market.
Location Advantages
The location of this project offers clear benefits for residents and investors alike.
KIADB Aerospace Park is a growing industrial and commercial hub. The area hosts aerospace companies, manufacturing units, and related businesses. This creates employment opportunities and drives housing demand. For professionals working in this zone, living nearby reduces commute time and travel costs.
Bagalur and Gummanahalli sit close to Kempegowda International Airport. This proximity benefits frequent travellers and supports the region’s growth as a business destination. The airport expansion and related infrastructure continue to attract investment.
North Bangalore benefits from improved road connectivity. Major roads connect the area to Hebbal, Yelahanka, and other parts of the city. The region has seen significant infrastructure development in recent years.
The area around KIADB Aerospace Park has attracted multiple developers. Projects from established builders indicate confidence in this micro-market. This collective development improves social infrastructure over time, including schools, hospitals, and retail options.
For those considering Assetz Projects in KIADB Aerospace Park, the location provides access to employment centres and emerging amenities.
Amenities
The project includes a clubhouse spanning 13,500 sq.ft. This space typically houses fitness facilities, indoor games, and community areas. Specific amenity details for this project are not officially announced yet. Buyers should check with the developer for confirmed offerings.
With approximately 73% open space, the development allows room for landscaping, walking paths, and outdoor recreation. This open area ratio supports a comfortable living environment with breathing space between towers.
Typical amenities in similar Assetz projects include swimming pools, gymnasiums, children’s play areas, and multipurpose halls. However, for this specific project, several amenity details remain “Coming Soon” or “Not officially announced.”
Prospective buyers should request the latest amenity list from the developer or sales team before making decisions. This ensures clarity on what will be available upon possession.
Developer Overview
Assetz Property Group is a Bengaluru-based developer founded in 2006. The company develops residential and commercial properties across the city. Over nearly two decades, Assetz has built a portfolio of projects in different segments.
The developer focuses on sustainable building practices and quality construction. Assetz projects often feature significant open spaces and landscaped environments. The company has experience delivering large-scale residential developments.
Assetz has multiple projects across Bangalore, including apartments, plotted developments, and villa projects. This track record provides some assurance about the developer’s ability to complete projects.
For buyers exploring Assetz New Projects in Bangalore, the developer’s established presence offers a reference point for quality and delivery timelines.
New Launch Advantages
Buying in a new launch offers specific benefits compared to completed projects.
New launches typically have lower entry prices than ready-to-move properties. Early buyers often get the advantage of pre-launch or launch pricing. This can translate to better value per square foot.
Flexible payment plans are common in new launches. Buyers can pay in stages linked to construction milestones. This spreads the financial outlay over time and reduces immediate cash flow pressure.
New projects feature modern design and construction standards. They incorporate current building codes, energy efficiency measures, and contemporary layouts. Buyers get newer specifications compared to older properties.
The choice of units is wider in new launches. Early buyers can select preferred floors, views, and orientations. This flexibility often reduces in later stages when inventory depletes.
This development is proposed and subject to applicable approvals. Buyers should verify all project details, including layout, specifications, and timelines, with the developer.
Nearby Landmarks
The project’s location provides access to various landmarks in North Bangalore. These include:
- Kempegowda International Airport: The airport is a major landmark and employment generator in the region.
- KIADB Aerospace Park: The industrial park itself is a key landmark, hosting aerospace and manufacturing companies.
- Bagalur: A growing residential and commercial area with local markets and services.
- Devanahalli: A historic town and emerging real estate destination nearby.
Educational institutions, healthcare facilities, and shopping centres are developing in the broader North Bangalore region. Specific distances to these landmarks should be verified independently, as the project is still under development.
The area continues to evolve, with new infrastructure and amenities being added over time.
Investment Potential & ROI
North Bangalore has shown strong real estate momentum. The region benefits from infrastructure investment, employment growth, and connectivity improvements. These factors support demand for residential properties.
For those considering Residential Properties in Bangalore, North Bangalore offers growth potential. The presence of KIADB Aerospace Park and the airport anchors demand for housing in the area.
ROI in real estate depends on various factors. Location, timing, project quality, and market conditions all play roles. Demand from professionals working in nearby employment hubs can support rental income and capital appreciation over time.
Investors should note that returns are not guaranteed. Market conditions change, and past performance does not predict future results. The appreciation potential exists, but buyers should make informed decisions based on their own research and financial situation.
The project’s expected completion in July 2030 means buyers are investing in a developing area. As infrastructure and amenities improve, the area may see increased demand.
Comparison With Other Projects
When evaluating this project, comparing it with alternatives helps buyers make informed choices. Two Assetz projects offer useful reference points.
Assetz 18 & Oak
Assetz 18 & Oak is a comparison project located in Sarjapura. It spans 177 acres and offers 246 villas in 4 and 5 BHK configurations. The project features approximately 90% open space and a 90,000 sq.ft. clubhouse. A notable feature is the 18-hole golf course.
The RERA registration number is TN/30/BUILDING/0426/2022. Possession is expected in 2029.
This project appeals to buyers seeking villa living with extensive green spaces and golf facilities. The location in Sarjapura differs from North Bangalore, serving a different buyer profile. Prices are higher due to the villa format and larger land area. Buyers should compare lifestyle preferences and location convenience when choosing between formats.
Assetz Codename Twin Lake City
Assetz Codename Twin Lake City is another comparison project on Hennur Road. It spreads across 21 acres and offers 3 and 4 BHK apartments ranging from 2,090 to 2,844 sq.ft. The project includes 1,220 units across 6 towers with G+21 floors.
RERA approval is under process for this project. Possession is expected from 2030 onwards.
This project targets buyers seeking larger apartment configurations. The Hennur Road location offers different connectivity compared to Bagalur. With 1,220 units, it is a larger community than Assetz Codename Summit. Buyers preferring a more compact community may find the Bagalur project more suitable.
Comparison Table
| Project | Location | Type | Configuration | Land Area | Units | Price | Possession |
|---|---|---|---|---|---|---|---|
| Assetz Codename Summit | KIADB Aerospace Park, Bagalur, Gummanahalli, North Bangalore | Apartments | 3 BHK | Not specified | 676 | ₹1.50 Crore* onwards | July 2030 onwards |
| Assetz 18 & Oak | Sarjapura | Villas | 4 & 5 BHK | 177 acres | 246 | Not specified | 2029 |
| Assetz Codename Twin Lake City | Hennur Road | Apartments | 3 & 4 BHK | 21 acres | 1,220 | Not specified | 2030 onwards |
FAQ
What is the RERA registration number for Assetz Codename Summit?
The RERA registration number is PRM/KA/RERA/1251/472/PR/220726/008831.
What apartment configurations are available?
The project offers 3 BHK apartments in two sizes: 1,518 sq.ft. and 1,788 sq.ft.
When is possession expected?
Possession is expected from July 2030 onwards. Buyers should confirm timelines with the developer.
How many units and towers does the project have?
The project includes 676 units across 3 towers with G+29 floors.
What is the starting price?
Prices start at ₹1.50 Crore* onwards. Buyers should verify current pricing with the developer.
What amenities are available?
The project includes a 13,500 sq.ft. clubhouse and approximately 73% open space. Specific amenities are “Not officially announced” and should be confirmed with the developer.
Is the project RERA approved?
Yes, the project is RERA registered under PRM/KA/RERA/1251/472/PR/220726/008831.
Conclusion
Assetz Codename Summit offers an opportunity for buyers interested in North Bangalore’s growth story. The location in KIADB Aerospace Park places it near employment hubs and the airport. The project’s specifications, including 3 BHK apartments, significant open space, and a clubhouse, align with contemporary buyer preferences.
The developer, Assetz Property Group, brings experience from multiple projects across Bangalore. The RERA registration provides regulatory oversight and transparency.
Investment potential exists given the region’s infrastructure development and employment growth. However, buyers should conduct their own research, verify all details with the developer, and make decisions based on personal financial situations.
This development is proposed and subject to applicable approvals. All information should be confirmed independently before making any purchase decision.
