Assetz City of Palms is trying to sell you something Bangalore's real estate market rarely offers anymore, actual silence, coconut groves, and 1,000-plus trees instead of another gated layout squeezed between highways. Tucked off IVC Road in Devanahalli, this pre-launch plotted development from Assetz Property Group has been generating serious early buzz among both end-users and land investors. Here's the grounded, no-hype version of what it's actually offering.
What Is Assetz City of Palms?
Assetz City of Palms is a premium villa-plotted development by Assetz Property Group, located on IVC Road in Doddacheemanahalli, Devanahalli, North Bangalore. You'll also see this same project marketed as Assetz Palmscape or Assetz Codename Palmscape, these are all the same development, just different names used across the pre-launch marketing and sales cycle, so don't be confused if you see it referenced differently across listings.
The project's exact scale varies slightly depending on the source, with land area cited anywhere from 25 to 35 acres, offering around 642 residential plots in sizes ranging from roughly 1,200 sq. ft. to 2,400 sq. ft. It's currently in the pre-launch phase, with Expression of Interest (EOI) bookings open, an official launch that was slated for May 2026, and possession planned for around April 2030, a roughly four-year development timeline from launch.
Why People Are Excited About It
Genuine greenery, not just marketing language. With over 1,000 trees, coconut groves woven into the layout, and more than 60% of the land kept as open space, this project leans hard into a nature-first identity that's increasingly rare in North Bangalore's fast-developing plotted market.
A location riding a real growth wave. IVC Road sits close to Foxconn's manufacturing hub, the KIADB Aerospace SEZ, and Devanahalli Business Park, three of North Bangalore's strongest emerging employment engines, plus easy access to NH 44, NH 75, SH 104, the Satellite Town Ring Road (STRR), and the Peripheral Ring Road (PRR).
Genuinely comprehensive amenities for a plotted layout. Plans include a roughly 20,000 sq. ft. clubhouse, 40-plus amenities, themed parks, jogging tracks, multipurpose sports courts, a pet park, and a children's play area, well beyond the basics you'd expect from a typical plotted community.
Family-friendly schooling options nearby. With Harrow International School, Stonehill International School, and Canadian International School all within around 20 minutes, this is a genuinely strong location for families thinking long-term.
A trusted, Singapore-headquartered developer. Founded in 2006, Assetz Property Group has built landmark commercial and residential projects across Bangalore, including Vrindavan Tech Village (now Embassy Tech Village), giving this pre-launch real institutional credibility.
What You Should Know Before You Get Swept Up
We'd rather flag this now than have you find out later:
This is a genuine pre-launch project, and RERA approval isn't in place yet. Multiple official sources are explicit that pricing, RERA registration, and final plot availability will only be confirmed closer to the formal launch. Since RERA registration is legally mandatory before a developer can market or accept substantial payment for a project in Karnataka, do not pay beyond a token EOI amount until you've personally verified the registration on rera.karnataka.gov.in.
Pricing is indicative and will likely move. Current EOI-stage pricing is quoted at roughly ₹1.08 Cr to ₹1.80 Cr depending on plot size, but this is explicitly described as subject to change once RERA registration and the formal launch are complete. Treat today's number as a starting point for negotiation, not a locked-in figure.
Project scale figures aren't fully consistent across sources. You'll see the land area described as anywhere from 25 to 35 acres, so confirm the exact, current master plan and total plot count directly with Assetz before you commit to a specific plot number or phase.
Some civic and social infrastructure in the immediate vicinity is still catching up, and buyers should expect some traffic friction while travelling toward Hebbal, Jakkur, the Outer Ring Road, and Manyata Tech Park until STRR and PRR connectivity fully matures.
Possession is a genuine multi-year wait. At around four years from launch, factor in the carrying cost of a long pre-construction period, and get your payment schedule and construction milestones documented clearly before booking.
Who Is This Really For?
If you're an end-user who wants genuine land ownership, real greenery, and the freedom to design and build your own home in a fast-growing North Bangalore corridor, City of Palms is a compelling early-stage option, provided you're comfortable with the multi-year timeline. If you're an investor chasing early-entry appreciation on the back of Devanahalli's strong infrastructure and employment growth story, the thesis here is genuinely attractive, but with RERA registration and final pricing still pending, you'll want written, verified confirmation of both before committing any significant capital.
Thinking About Assetz City of Palms? Talk to Us First
Every pre-launch page will show you the lowest possible EOI price to get your enquiry in. What you actually need before committing this kind of money is someone with no stake in the deal telling you the real pros, the real cons, and whether the plot, price, and payment plan you're being offered genuinely make sense.
That's exactly what we do at Yes Property. We work directly across North Bangalore's plotted development and pre-launch market with developers like Assetz, Adarsh, Embassy, Lodha, Prestige, Sobha, and Brigade, which means we can give you a genuinely unbiased comparison, not a one-sided pitch.
Reach out to us for:
- An honest, no-pressure review of Assetz City of Palms, pros, cons, and how it compares to other plotted developments around Devanahalli and IVC Road
- Current, verified pricing, plot layouts, and phase-wise availability
- Written confirmation of RERA registration before you pay anything beyond a token EOI amount
- Resale and appreciation outlook if you're evaluating it as a land investment
- Expert guidance on negotiation, documentation, and picking the right plot for your budget and goals
Get in touch with Yes Property for a free, unbiased consultation →
Frequently Asked Questions
Where is Assetz City of Palms located? It's located on IVC Road, Doddacheemanahalli, Devanahalli, North Bangalore, close to the Satellite Town Ring Road (STRR) and around 15-20 minutes from Kempegowda International Airport.
What plot sizes are available? Residential plots ranging from around 1,200 sq. ft. to 2,400 sq. ft., across a development spanning roughly 25 to 35 acres depending on the source and phase.
Is Assetz City of Palms RERA registered? As a pre-launch project, RERA registration was not yet finalised at the time of writing, with approval expected closer to the formal launch. Always verify the current, confirmed registration on the official Karnataka RERA website before making any payment beyond a token EOI amount.
Is Assetz City of Palms a good investment? It has strong fundamentals, a trusted, institutionally-backed developer, a genuine nature-first design philosophy, and a location benefiting from Foxconn, the KIADB Aerospace Park, and Devanahalli's broader airport-led growth story. That said, given the pending RERA status, indicative pricing, and a possession timeline stretching to around 2030, independent, written verification is strongly recommended before deciding.
Who is developing Assetz City of Palms? Assetz Property Group, founded in 2006 and headquartered in Singapore, a multi-vertical real estate developer with a strong Bangalore portfolio spanning commercial, residential, warehousing, and fund management projects.
Disclaimer: This information has been compiled from publicly available sources on the internet, including the developer's official listings and third-party real estate platforms, and is intended for general informational purposes only. As a pre-launch project also marketed under the names Assetz Palmscape and Assetz Codename Palmscape, details such as pricing, RERA registration status, plot sizes, project area, and possession timelines vary across sources, are subject to change, and should be independently verified with the developer or RERA before making any purchase decision. This content does not constitute financial or investment advice.
