+
Assetz to Launch 6.5 Mn Sq Ft in FY26, Eyes Rs 150 Billion Housing GDV
Real Estate

Assetz to Launch 6.5 Mn Sq Ft in FY26, Eyes Rs 150 Billion Housing GDV

Assetz Property Group has announced plans to launch 6.5 Mn square feet of new residential developments in FY 2025–26, part of a total secured gross development value of Rs 150 Bn. The upcoming launches include apartments, villas, and plotted developments across Bengaluru’s key growth corridors.

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

Assetz Property Group has announced plans to launch 6.5 Mn square feet of new residential developments in FY 2025–26, part of a total secured gross development value of Rs 150 Bn. The upcoming launches include apartments, villas, and plotted developments across Bengaluru’s key growth corridors. 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

Next Story
Infrastructure Urban

Hindmetal Pioneers EM Tech in Mineral Exploration

Hindmetal Exploration Services (HESPL), a wholly owned subsidiary of Hindustan Zinc, has become the first company in India to deploy advanced Electromagnetic (EM) technologies for mineral exploration. The initiative marks a major leap in the nation’s ability to identify hidden mineral resources with unprecedented precision.The breakthrough involves two cutting-edge tools: borehole EM, which detects and maps conductive ore bodies such as sulfide deposits in high detail, and SQUID surface sensors, which capture even the weakest electromagnetic signals—ideal for spotting low-conductivity or d..

Next Story
Infrastructure Urban

Autodesk Launches Local Data Storage for India

Autodesk has announced the launch of localized data storage in India, enabling businesses and public sector organizations to store and manage project data within the country. This expansion, part of Autodesk’s global regional offerings, supports regulated sectors such as government, infrastructure, and utilities by meeting compliance requirements while ensuring enterprise-grade security, privacy, and data recoverability.The move comes as Autodesk’s 2025 State of Design & Make report reveals that while digital transformation drives significant ROI in the architecture, engineering, const..

Next Story
Infrastructure Urban

Rosatom Opens Pilot Uranium Facility at Tanzania’s Mkuju River Project

Mantra Tanzania, a subsidiary of Uranium One Group (part of Rosatom), has commissioned a pilot uranium processing facility at the Mkuju River project in southern Tanzania. The inauguration, attended by Her Excellency Samia Suluhu Hassan, President of the United Republic of Tanzania, alongside senior government officials, community leaders, and Rosatom representatives, marks a major step forward in Russia–Tanzania nuclear energy cooperation.Alexey Likhachev, Director General of Rosatom, said: “Rosatom offers its cutting-edge uranium processing technologies to unlock Tanzania’s geological ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?