What Is Assetz Codename Paradise?
Assetz Codename Paradise is the pre-launch working title for a low-density, Balinese-themed 4 BHK villament community developed by Assetz Property Group on Hennur Road, North Bangalore. The project has since been officially branded as Assetz Mizu & Ki, though many aggregator listings, brochures and earlier marketing material still reference the Codename Paradise name.
If you're seeing both names online and wondering whether they're different projects — they are not. "Codename Paradise" and "Assetz Mizu & Ki" refer to the same 188-unit development across 8.2 acres, with 55% open space and Balinese-themed landscaping.
Quick Snapshot: Assetz Codename Paradise (Assetz Mizu & Ki)
| Parameter | Details |
|---|---|
| Official Name | Assetz Mizu & Ki (previously Codename Paradise) |
| Developer | Assetz Property Group (est. 2006) |
| Location | Off Hennur Road, North Bangalore — 560064 |
| Land Area | 8.2 Acres |
| Total Units | 188 Villaments |
| Configuration | 4 BHK — ~3,060 sq ft super built-up |
| Open Space | 55% |
| Structure | B+G+4 (low-rise) |
| Starting Price | ₹3.5 Cr* Onwards |
| RERA Status | Pre-launch — RERA registration awaited |
| Key Features | Private backyard up to 500 sq ft, large terrace, 2-car private garage |
*Indicative launch price at the time of writing. Always request the current, official price sheet before making any decision.
Why Was It Called "Codename Paradise"?
Like several Assetz projects before it, this development carried an internal working title — "Codename Paradise" — during its pre-launch marketing phase. This is common practice among Bangalore developers: a codename is used while land acquisition, approvals and initial marketing are underway, before the formal brand name is finalised. Once Assetz settled on the brand identity, the project was renamed to Assetz Mizu & Ki, with "Mizu" and "Ki" being Japanese words for water and life energy, reflecting the project's nature-oriented, Balinese design theme.
You may still encounter the "Codename Paradise" name on third-party aggregator sites (99acres, MagicBricks, Housing.com), older broker brochures, and some YouTube walkthroughs. All of these refer to the same project.
Location & Connectivity
Assetz Codename Paradise (now Mizu & Ki) sits off the Hennur Road corridor in North Bangalore, with connectivity to:
- Manyata Tech Park and Karle Town Centre — the corridor's core IT employment hubs
- Kirloskar Business Park
- Bagalur Aerospace SEZ / KIADB Park
- Thanisandra Main Road and the Outer Ring Road (ORR)
- Upcoming Nagawara Metro Station and a short drive to Thanisandra Railway Station
- A toll-free, signal-free route to Kempegowda International Airport via the Hennur-Bagalur Road
Schools in the vicinity include Delhi Public School (DPS) North, Legacy School and Vidyashilp Academy. Healthcare is covered by Aster CMI Hospital and Motherhood Hospital.
What Do You Get? The Villament Format
Every unit in Assetz Codename Paradise is a 4 BHK villament — roughly 3,060 sq ft of super built-up area — with a private backyard of up to 500 sq ft, a large private terrace, and a dedicated 2-car garage. The project is built as a low-rise B+G+4 structure housing just 188 homes across 8.2 acres, which works out to roughly 23 units per acre. That's a fraction of the 100+ units per acre typical of high-rise apartment projects on the same corridor.
The 55% open space ratio with Balinese-themed landscaping — gardens, water features and shaded pavilions — is a genuine differentiator. For a detailed comparison of the villament format against conventional apartments and standalone villas, see our companion guide: Villament vs Apartment vs Villa: What Should You Buy in Bangalore?
Amenities (20+)
- Sports & Fitness: half-Olympic swimming pool, kids' pool, outdoor fitness area, half-basketball and cricket pitch, skating rink, jogging and bicycle track
- Leisure & Relaxation: premium clubhouse, lounge deck, sitting alcoves, meditation deck, amphitheatre, barbecue deck
- Community & Family: kids' play area, indoor games room, pet park, and Balinese-themed gardens throughout the grounds
RERA & Legal Status
As of the time of writing, Assetz Codename Paradise / Assetz Mizu & Ki is at pre-launch stage with its project RERA registration still awaited. This means the usual RERA-based protections — locked-in possession date, escrow requirements, penalty clauses — are not yet in place.
- Project RERA Number: Awaited (pre-launch)
- Advertiser/Agent RERA: PRM/KA/RERA/1251/310/AG/170823/000045
We recommend verifying RERA status independently on rera.karnataka.gov.in before paying any non-refundable amount. Search under "Registered Projects" for "Assetz Mizu and Ki" or "Assetz Codename Paradise."
Want the current price sheet and floor plan for Assetz Codename Paradise?
Request Price List →Our Honest Take
Assetz Codename Paradise pairs a credible developer with a genuinely differentiated product — low-density villaments with private gardens and 2-car garages on Hennur Road are not marketing fluff. The 55% open space and Balinese theming is a legitimate point of difference. The single 4 BHK configuration keeps the buyer profile narrow but focused.
The key flag: this is a pre-launch project with RERA registration still awaited and no published possession date. If you're interested, shortlist it and follow closely — but treat any booking today as a pre-launch reservation requiring extra written confirmation on refund terms, not a standard RERA-protected purchase.
For our complete deep-dive with financing analysis, stamp duty breakdowns, and density comparisons, read the full review: Assetz Mizu and Ki: Price, Villament Configuration & RERA Status →
