In the Devanahalli real estate corridor, villa plotted developments have emerged as the dominant product category for HNI and NRI buyers. Among all the plotted projects in the area, Assetz Palmscape on IVC Road has generated the most genuine buyer interest — and for good reason. This is a deep-dive review covering layout, pricing, RERA status, and our honest assessment of its investment merit.
1. The Developer: Assetz Property Group
Assetz Property Group is a Bangalore-headquartered developer with a track record spanning over 15 years and more than 20 million square feet of delivered or under-development real estate. Their completed projects — including Assetz 63 Degree East and Assetz Marq — have consistently been delivered within committed timelines. In a market where developer credibility is paramount, Assetz is a Tier-1 name.
2. Location: IVC Road, Devanahalli
Palmscape sits on the IVC Road (Intermediate Value Chain Road), one of the most strategically positioned roads in the Devanahalli micro-market. Key proximity metrics:
- Kempegowda International Airport (KIAL): ~10 km (15–20 minutes)
- Devanahalli Town: ~5 km
- Nandi Hills: ~30 km (weekend destination)
- STRR alignment: Directly on or adjacent to the planned STRR corridor
- KIADB Aerospace Park: ~8 km
3. The Project: What You Actually Get
Palmscape is a gated plotted development offering 450 residential plots across a thoughtfully planned community layout. The headline numbers:
- Total Plots: 450
- Open Space Allocation: 60%+ of total land area
- Road Width: 9-metre and 12-metre internal roads
- Miyawaki Forest: A dedicated native tree plantation creating a genuine ecological zone within the community
- Clubhouse: Grand clubhouse with sports courts, swimming pool, and recreational amenities
Plot Sizes and Configurations
Plots are available in multiple configurations to suit different budgets and building plans. Entry-level plots start at 1,200 sq.ft., with mid-tier options at 1,800–2,400 sq.ft. and larger corner or villa plots above 3,000 sq.ft. The variety ensures accessibility for a range of buyers.
4. Pricing
| Plot Category | Size Range | Approx. Price |
|---|---|---|
| Entry (Regular Plot) | 1,200 – 1,500 sq.ft. | ₹60L – ₹80L |
| Mid-Tier | 1,800 – 2,400 sq.ft. | ₹90L – ₹1.30 Cr |
| Premium (Corner / Park Facing) | 2,400 – 3,000 sq.ft. | ₹1.30 Cr – ₹1.80 Cr |
| Villa Plot | 3,000+ sq.ft. | ₹1.80 Cr+ |
*Prices are indicative and subject to change. Contact Narayanan for verified current pricing and availability.
5. Legal and RERA Verification
At Luxura Habitat, no project recommendation is made before legal verification. For Assetz Palmscape:
- RERA Status: Pre-launch EOI stage — confirm RERA number at project launch with our team
- Land Conversion: The land is on converted agricultural land (DC Conversion completed)
- Layout Approval: BMRDA / Local authority approved layout
- Title: Clear, marketable title — verified by Assetz's legal team and independently audited
Our Honest Assessment
Assetz Palmscape is one of the cleanest investment cases in North Bangalore in 2026. The combination of a credible Tier-1 developer, a legally sound pre-launch structure, an STRR-adjacent location, and the genuine ecological character of the development make it stand out in a market full of generic plotted products. For NRI buyers and long-term capital appreciation investors, this is a high-conviction recommendation.
.webp)
