Introduction
North Bengaluru is growing fast. New offices, industrial parks, and road projects are changing the way people live and work in this part of the city. Bagalur, in particular, has become a busy hub for professionals who want to stay close to their workplace. For home buyers looking at residential properties in Bangalore, this area offers a practical option that balances price and connectivity.
Assetz Codename Summit is a new residential project by Assetz Property Group at KIADB Aerospace & IT Park, Bagalur. It offers 3 BHK apartments with a starting price of around ₹1.49–₹1.50 crore. The project sits on about 5 acres, keeps roughly 73% open space, and is scheduled for possession in July 2030. This blog explains why this project deserves a place on your shortlist.
Assetz Codename Summit
Assetz Codename Summit is a premium apartment project in Gummanahalli, Bagalur, North Bengaluru. The developer has planned three towers with ground plus 28–29 floors. The project includes a clubhouse of about 13,500 sq. ft. Unit counts differ across sources, with figures of 676 and 845 mentioned, so buyers should confirm the final numbers with the developer.
The project holds RERA registration (PRM/KA/RERA/1251/472/PR/220726/008831), which means the details are on record with the authority. Since the project is under construction, buyers get a new launch price and the chance to choose their unit early. For anyone tracking upcoming projects in KIADB, this is a launch worth a closer look.
Project Details
Here is a quick rundown of the key facts:
- Project name: Assetz Codename Summit
- Location: KIADB Aerospace & IT Park, Bagalur, Gummanahalli, North Bengaluru, Karnataka – 562149
- Developer: Assetz Property Group
- Type: Premium residential apartments
- Status: Under construction / new launch
- Configurations: 3 BHK apartments
- Starting price: Approx. ₹1.49–₹1.50 crore
- Higher configuration price: Approx. ₹1.77 crore onwards
- Total land area: Approx. 5 acres (official); other sources mention 5.67–5.8 acres
- Open space: Approx. 73%
- Towers: 3
- Tower height: Ground plus approx. 28–29 floors
- Clubhouse: Approx. 13,500 sq. ft.
- Total units: Figures vary between 676 and 845
- Possession: July 2030
- RERA No.: PRM/KA/RERA/1251/472/PR/220726/008831
The 73% open space is a real advantage in a city where density keeps rising. Three towers on 5 acres mean fewer buildings share the land, so residents get more room to move around. The July 2030 possession date gives buyers about four years to plan their finances.
Location Advantages
Bagalur sits in North Bengaluru, close to the KIADB Aerospace & IT Park. The location works well for people employed in the park and nearby business zones. The area connects to key roads and job centres, and the upcoming metro and road upgrades in North Bengaluru should improve access over time.
The project’s address places it near the airport corridor, which helps frequent flyers. Several schools, hospitals, and shopping options operate in and around Bagalur and nearby towns. Buyers should visit the site and check current travel times to their workplace before booking, since traffic patterns change through the day.
North Bengaluru has seen steady infrastructure spending in recent years. The KIADB park itself anchors demand, and new residential launches follow job creation. For a buyer who wants a home near work and a reasonable entry price, Bagalur offers a sensible balance.
Amenities
The project plans a clubhouse of about 13,500 sq. ft. as the social centre of the community. Details of the full amenity list are not yet fully public, so buyers should check the final brochure. Amenities that are not confirmed will be added as the project progresses, and some may be marked “Coming Soon.”
Typical features for a project of this size include a swimming pool, gym, indoor games, a multipurpose hall, landscaped areas, children’s play zones, and walking paths. Since these are not officially confirmed for Assetz Codename Summit, treat them as likely additions rather than final promises.
With 73% open space, residents can expect breathing room across the site. The clubhouse size suggests the developer plans a proper community hub rather than a token facility. Buyers should ask the sales team for the approved amenity plan and completion timeline for each facility.
Developer Overview
Assetz Property Group is a well-known developer in Bangalore. The company has delivered residential and commercial projects across the city and built a reputation for design-led development and structured execution. Its portfolio covers apartments, villas, and office spaces.
Assetz runs a pre-launch model for many projects, which lets early buyers enter at lower prices before the formal launch. The group also offers a project dashboard for buyers to track construction progress, a feature that adds transparency.
For Assetz Codename Summit, the developer brings its usual approach: large open spaces, a sizeable clubhouse, and a gated community layout. Buyers should review the developer’s past delivery record and RERA compliance history before making a decision.
New Launch Advantages
New launches offer clear benefits. The biggest is price. Early buyers at Assetz Codename Summit pay around ₹1.49–₹1.50 crore for a 3 BHK, a rate that may rise as construction advances. Choosing a unit early also means more options on floor and direction.
A second advantage is payment flexibility. Under-construction projects often come with construction-linked payment plans, which spread the cost over the build period. A third benefit is the chance to review RERA filings and the approved plan before money changes hands.
The long possession window until July 2030 gives buyers time to arrange funds and plan their move. Buyers should also weigh the risks: delays can happen, and buyers should keep the RERA registration and agreement terms handy. Overall, a new launch rewards buyers who do their homework.
Nearby Landmarks
Distances below are approximate and based on available information. Verify current travel times before you buy.
- KIADB Aerospace & IT Park: The project sits inside the park area, so the workplace is at the doorstep for many buyers.
- Kempegowda International Airport: Roughly 10–15 km via the airport corridor, depending on the route.
- Doddaballapur Road: A short drive from the project, connecting Bagalur to the wider road network.
- Devanahalli: About 15–20 km away, home to historical sites and further commercial growth.
- Hebbal: Around 25–30 km, a key junction for North Bengaluru.
- Schools and hospitals: Several options operate in Bagalur and nearby towns; check the latest list with the developer.
These distances are indicative. Road conditions and new infrastructure can change travel times, so a site visit is the best way to judge.
Investment Potential & ROI
Bagalur’s growth story rests on employment and infrastructure. The KIADB Aerospace & IT Park brings jobs, and jobs bring housing demand. North Bengaluru has absorbed a large share of the city’s new residential supply, and demand in the Bagalur belt has followed the airport corridor and business park growth.
Price trends in the area have generally moved upward in recent years, but trends are not guarantees. Buyers should treat ROI as a possibility, not a promise. Rental demand near the KIADB park could support yields once the project is ready, especially from professionals who work nearby.
Investors should study these factors:
- Entry price: Around ₹1.49 crore for a 3 BHK is mid-premium for North Bengaluru.
- Supply pipeline: New launches in the area could affect rental competition.
- Infrastructure timelines: Metro and road projects affect value, but dates can shift.
- Possession date: July 2030 means returns start only after handover.
A long-term view, a site visit, and a check of RERA filings will help buyers make a balanced decision. Past appreciation in North Bengaluru does not guarantee future returns.
Comparison With Other Projects
Bagalur and the wider North Bengaluru belt host several residential options. Some are ready-to-move, while others are new launches. Ready projects carry higher prices but no wait. New launches like Assetz Codename Summit offer lower entry prices and a long payment window.
Compared with smaller plots and builder floors, a gated community with 73% open space and a 13,500 sq. ft. clubhouse offers shared amenities and managed security. Compared with projects far from the KIADB park, this one cuts commute time for park employees.
Buyers should compare on four points: price per square foot, possession date, developer track record, and location. Assetz Codename Summit competes well on location and open space. Its July 2030 possession is the main trade-off against ready homes.
Assetz itself has several other launches in Bangalore, which gives buyers a way to compare layouts and prices within the same brand. The next section covers those options.
Other Upcoming Assetz Projects
Assetz 18 & Oak is a residential project in North Bangalore that offers apartments in a gated community setting. The project targets buyers who want a well-connected address with the developer’s signature open-space planning. Configuration and price details are available on the project page, and buyers should confirm current availability with the sales team. For those comparing options in the same corridor, Assetz 18 & Oak gives a useful reference point on layout and pricing.
Assetz Ren & Rei is another upcoming launch that adds to the developer’s Bangalore pipeline. The project is designed for families looking at premium apartments with access to daily needs and transport links. Launch-stage pricing can make it attractive for early buyers, though possession timelines vary by project. Buyers can check the project page for configuration and payment plan details.
Assetz Mizu & Ki is part of the Assetz Codename Paradise development and brings another option for buyers exploring the developer’s new launches. The project focuses on apartment living with community amenities and open spaces. Details on unit sizes and pricing are listed on the project page. Buyers should review RERA registration and possession dates before booking.
Assetz Codename Paradise is a larger development that houses multiple phases and options, including Mizu & Ki. It gives buyers a broader choice of configurations within one master plan. The project page lists current launch details, and buyers should confirm which phases are open for booking. It works well for buyers who want a bigger community with shared facilities.
These four launches, along with Assetz Codename Summit, give buyers several entry points into Assetz New Projects in Bangalore.
Comparison Table
| Feature | Assetz Codename Summit | Assetz 18 & Oak | Assetz Ren & Rei | Assetz Mizu & Ki | Assetz Codename Paradise |
|---|---|---|---|---|---|
| Location | KIADB Aerospace & IT Park, Bagalur | North Bangalore | Bangalore (see project page) | Codename Paradise, Bangalore | Bangalore (master development) |
| Developer | Assetz Property Group | Assetz Property Group | Assetz Property Group | Assetz Property Group | Assetz Property Group |
| Type | Premium apartments | Residential apartments | Premium apartments | Apartments | Apartments (multiple phases) |
| Configuration | 3 BHK | Check project page | Check project page | Check project page | Multiple options |
| Starting price | Approx. ₹1.49–₹1.50 crore | Check project page | Check project page | Check project page | Check project page |
| Possession | July 2030 | Check project page | Check project page | Check project page | Phase-wise |
| RERA | PRM/KA/RERA/1251/472/PR/220726/008831 | Registered | Registered | Registered | Registered |
Details for the comparison projects change as launches progress. Buyers should confirm the latest figures with the developer or the official project pages.
FAQ
1. Where is Assetz Codename Summit located?
It is at KIADB Aerospace & IT Park, Bagalur, Gummanahalli, North Bengaluru, Karnataka – 562149.
2. What configurations and prices are available?
The project offers 3 BHK apartments starting at around ₹1.49–₹1.50 crore, with higher configurations from about ₹1.77 crore onwards.
3. When is the possession date?
Possession is scheduled for July 2030. Buyers should track construction progress through the developer’s dashboard and RERA updates.
4. Is the project RERA registered?
Yes. The RERA number is PRM/KA/RERA/1251/472/PR/220726/008831.
5. How many towers and units does the project have?
The project has 3 towers with ground plus about 28–29 floors. Unit counts vary across sources at 676 and 845, so confirm the final figure with the developer.
6. What is the open space and clubhouse size?
The project keeps about 73% open space and plans a clubhouse of around 13,500 sq. ft. Final amenity details should be confirmed with the sales team.
Conclusion
Assetz Codename Summit gives buyers a practical entry into North Bengaluru’s growth belt. The project sits inside the KIADB Aerospace & IT Park area, offers 3 BHK homes from around ₹1.49 crore, and keeps 73% of its 5-acre site open. Three towers, a 13,500 sq. ft. clubhouse, and a July 2030 possession round out the package.
The location works for professionals in the park and the airport corridor. The new launch price and RERA registration add comfort for early buyers. Risks remain, including construction timelines and market shifts, so a site visit and a review of RERA filings are essential.
For buyers comparing upcoming projects in KIADB and Assetz New Projects in Bangalore, this launch deserves a serious look. Do your research, confirm the details, and match the purchase to your long-term plan.
