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Assetz Codename Palmscape is a premium plotted development by Assetz Property Group located on IVC Road, Devanahalli (North Bangalore). It offers gated villa plots with modern infrastructure, wide roads, and large green open spaces. Spread across about 25 acres, the project includes around 450 plots and is designed as a low-density, nature-focused community near the airport growth corridor.
| Configuration | Size (SqFt) | |
|---|---|---|
| 30 × 40 ft | 1200 | |
| 30 × 50 ft | 1500 | |
| 40 × 60 ft | 2400 |
🏡 Assetz Codename Palmscape
📍 Location
IVC Road, Devanahalli, North Bangalore
Close to Kempegowda International Airport
Fast-developing real estate corridor with strong infrastructure growth potential
🏗️ Project Type
Premium plotted development (villa plots)
Gated community layout by Assetz Property Group
📐 Project Overview
Total land area: ~25 acres
Total plots: ~450 plots (approx.)
Plot sizes:
1200 sq. ft.
1500 sq. ft.
2400 sq. ft.
Open space: 60%+ green and open areas
🌿 Key Project Concept
Assetz Codename Palmscape is designed as a:
Low-density villa plot community
Nature-integrated township
Focus on sustainable living + future-ready infrastructure
🪶Key planning features include:
Wide internal roads
Avenue plantations & greenery zones
Underground utilities (power, drainage, sewage)
Gated community with security systems
🏘️ Amenities (Major Highlights)
Large clubhouse (~20,000 sq. ft.)
Swimming pool
Gymnasium & fitness center
Indoor games room
Multipurpose hall
Jogging & cycling tracks
Children’s play area
Senior citizen zones
Outdoor sports courts
🌳 Design & Lifestyle Features
Planned green township with 1000+ trees
Over 40–60 lifestyle amenities (varies by phase source)
Eco-friendly layout with stormwater & sewage systems
Emphasis on walkability and open spaces
🚗 Connectivity
Located on IVC Road, Devanahalli
Easy access to:
Kempegowda International Airport
NH 44, NH 75
STRR (Satellite Town Ring Road)
Emerging IT, aerospace, and logistics hub nearby
📈 Investment Perspective
Early-stage/pre-launch plotted project
High appreciation potential due to:
Airport corridor development
Infrastructure expansion in North Bangalore
Suitable for:
Long-term investment
Custom villa construction
End-use home building
📌 Project Status
Pre-launch / upcoming phase
RERA: status varies by phase (approval in process / expected listing depending on launch batch)
Possession timelines typically 3–4 years post-launch (expected)
About Assetz
Founded in 2006, Assetz began its journey with a strong foundation in commercial real estate, developing two world-class IT tech parks in Bangalore—Vrindavan Tech Village (now Embassy Tech Village), a Platinum LEED-certified IT SEZ, and Global Technology Park. Since its inception, Assetz has been a professionally managed and owned company with an institutional approach, driven by passion, excellence, and a strong commitment to high-quality residential and commercial projects. Today, Assetz boasts an impressive portfolio spanning 50 million square feet of completed and ongoing developments.
At the core of Assetz’s journey is a philosophy of delivering exceptional value to customers, landowners, and investors—fostering mutual growth and building long-term trust. Its vision is to redefine urban living by seamlessly blending innovation and sustainability to create spaces that leave a meaningful impact. Through every square foot developed, Assetz continues to be synonymous with quality, forward-thinking design, and a deep commitment to the built environment.
Assetz Property Group, founded in 2006 and based in Bengaluru, is a leading, design-led real estate developer with a portfolio of over 50 million sq. ft. of residential, commercial, and warehousing projects. Focused on sustainability, it is known for "Carbon Healing Homes" and integrating nature with modern infrastructure.
Company Overview
Founded: 2006 by Rajpal Singh Chaudhary and Ben Salmon.
Headquarters: Bengaluru, India (with origins in Singapore).
Key Sectors: Residential (apartments, villas), Commercial (IT parks, office spaces), Warehousing, and Fund Management.
Philosophy: Human-centric, sustainable, and design-led (often focusing on "Carbon Healing" developments).
Key Business Verticals & Portfolio
Assetz operates as a multifaceted developer, primarily targeting premium segments in Bangalore, with expansion into other regions.
Assetz Residential: Known for luxury apartments and gated communities. Notable projects include Assetz Codename Beyond Ordinary, Meru and Meadow, and various "Codename" projects.
Assetz Commercial: Develops Grade A office spaces and IT parks, focusing on sustainable and efficient designs.
Assetz Warehousing: Provides industrial and logistics spaces.
Assetz Fund Management: An institutional approach to investment in real estate.
Key Differentiators & Sustainability
Sustainability: Focuses on Eco-conscious designs, with projects often featuring extensive green cover and sustainable building practices.
Design-Led: Emphasizes "better living" through thoughtful, aesthetic design.
Governance: Positions itself as a transparent and professional developer.
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