Of the total, three Mn square feet has already been launched. Executive director Sunil Pareek stated that ten new launches this year will introduce Rs 70 Bn of additional inventory, with the aim of doubling the company’s turnover within three years.

Over the past two years, Assetz has secured sixteen prime land parcels totalling more than 200 acres, adding around 15 Mn square feet of saleable area to its pipeline. These new sites could yield over 7,500 homes, further expanding its footprint across north, south, and southeast Bengaluru.

Operating through a partnership-led joint development model, Assetz competes with established developers like Prestige, Sattva, Puravankara, and Brigade. Founded in 2006, the company has delivered 20 projects totalling 15 Mn square feet and now holds a residential portfolio of over 43 Mn square feet across more than 40 projects.

Source: Business Standard