Bengaluru-based developer Assetz Group is preparing for its next growth phase, targeting a significant expansion in market share and sales over the next few years. The company aims to double its city share from the current 4% to nearly 8% by 2029, supported by large-scale township projects and sustained demand for premium housing.
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Since its inception more than a decade ago, Assetz has established a portfolio of about 45 million sq ft across 25,000 units. Of this, nearly 15 million sq ft of residential and commercial space has already been delivered. Its governance framework and design-led development approach have attracted institutional participation from J.P. Morgan, Aditya Birla Capital, Motilal Oswal Alternates and HDFC Ltd, with cumulative capital raising and repayments crossing ₹1,000 crore.
Developer has also undertaken substantial land banking
The developer has also undertaken substantial land banking, securing nearly 550 acres in recent years, including 300 acres added in the last three. This pipeline, covering 45 million sq ft of planned projects, is expected to yield around 13,000 units and a gross development value close to ₹29,000 crore.
Performance trends remain strong, with pre-sales recording a 35% CAGR over the last four years. FY25 closed at ₹2,200 crore, while Q1 FY26 alone generated more than ₹1,000 crore. Targets for FY26 and FY27 are set at ₹4,200 crore and ₹6,000 crore respectively, alongside an increase in average selling prices and stable margins.
Bengaluru remains its primary focus, though Assetz is weighing expansion into other cities and mixed-use townships.