With this, KVN’s cumulative tied-up residential development in FY 2025–26 has increased to approximately 4.4 million square feet
KVN Properties LLP has partnered with Assetz Group to develop a premium residential project in North Bengaluru. The partnership plans to develop approximately 1 million square feet of development with an estimated Gross Development Value (GDV) of ₹1,000 crore, marking a significant expansion of KVN’s residential portfolio. The project is structured as a single-phase development over 3-4 years, commencing post-approval of all development permissions including RERA registration.
With this, KVN’s cumulative tied-up residential development in FY 2025–26 has increased to approximately 4.4 million square feet, following the company’s May 2025 announcement of a 3.4 million square feet joint development with Puravankara Group.
Under this Development Management Agreement (DMA) model, KVN Properties will undertake the project’s development costs, including land procurement and all construction expenses. Assetz Group will serve as the Development Manager.
“As we scale to 10 million square feet this fiscal, our goal remains clear, create exceptional living spaces in high-growth corridors with the right partners and a disciplined investment approach,” says Venkat K Narayana, Promoter, KVN Property LLP.
“North Bangalore is a high-growth corridor with a discerning buyer base. This project also marks the beginning of what we believe will be a successful, multi-project collaboration across Bengaluru,” says Sunil Pareek, Executive Director, Assetz Pvt Ltd.
Published on July 8, 2025