Assetz Plans Rs. 7,500 Crore Residential Projects for FY26

Assetz wants to begin large-scale luxury residential projects by FY26, with a total GDV of Rs. 7,500 crore, focusing on a 45 percent compound annual increase in pre-sales over the period.

At present, the GDV of the remaining unsold and coming inventory is expected to reach around Rs. 10,000 crore. According to the company, it is “exploring the option of going public” for the future, although it did not indicate when it might happen.

Sunil Pareek, Executive Director, Assetz, said, “We have delivered over 40 per cent CAGR in pre-sales over the past three to four years, and we have strong visibility of sustaining the momentum going ahead. Real estate has evolved from simply constructing buildings to offering a complete lifestyle. Developers who understand this shift—and adapt to the changing needs of today’s homebuyers, primarily millennials and Gen Z—are succeeding.”

Assetz operates in domestic areas, such as residential, commercial, warehousing, and data centres, with help from NIIF, JP Morgan, and Apollo Global Management. Assetz revealed that it has found and bought enough land for over 600 homes over the past 10 years, and right now it is building homes on about 250 of those acres. The company has also built some commercial projects, and both Mapletree and Blackstone later bought those properties.

“We primarily secure land through joint development agreements. We also selectively purchase land when valuations align with our unit economics. Additionally, we strategically pursue development management contracts to gain access to prime land parcels. You scale quickly if you can deliver a superior product at a fair price. Based on pre-sales performance alone, we believe we’re on track to be among the top five developers in Bengaluru—not by legacy, but by current market demand.”

Assetz plan to reach South Bengaluru is part of its strategy, and it plans to launch around 6,000 homes here over the next 15 to 18 months. To meet its goal of obtaining 6–7 per cent of Bengaluru’s real estate market by the next three years, the realtor wants to add 10 more parcels to its land in the next period.