KVN Properties Plans Rs 1000 Crore Project with Assetz

KVN Properties LLP a real estate investment platform, has entered into a strategic Development Management Agreement (DMA) with Assetz Group to jointly develop a high-end 1 million sq. ft residential project in North Bengaluru. With a Gross Development Value (GDV) of ₹1,000 crore, the partnership is the key residential expansion of KVN's development pipeline in FY 2025–26, bringing its overall committed development to 4.4 million sq. ft.

The 5.6-acre one-phase project will go on the ground after getting RERA and development approvals. It will feature extensive unit planning and amenities according to market demand in fast-developing North Bengaluru corridor. 

Key Highlights-

• KVN and Assetz partner for 1 million sq ft premium residential project in North Bengaluru
• Project valued at Rs 1000 crore boosts KVN's FY26 pipeline to 4.4 million sq ft
• Development supports KVN's goal of 10 million sq ft portfolio across major cities

Venkat K Narayana, Founder and Chairman of KVN Properties LLP said, "Our DMA with Assetz is a compelling illustration of our strength in capital and our focus on creating high-quality urban communities. This is an investment of high conviction supported by KVN Properties in its entirety where we are not just pooling land but creating a pipeline of end-to-end residential projects."

READ MORE: BMC Grants Approval to Valor Estate for Urban Housing Project

Assetz Group, which specializes in design-driven projects, will develop the project. Sunil Pareek, Executive Director of Assetz Pvt Ltd said, "This joint venture enables us to co-develop a landmark project that demonstrates KVN's support for community-driven development and our enthusiasm for design-driven living. We envision long-term partnership with KVN, and this is the start of multi-project partnership in Bengaluru."

The deal is a part of KVN's larger plan to complete 10 million sq. ft in FY26, with expansion possible in Mumbai, Pune, Hyderabad, and Chennai.