Assetz City of Palms

Assetz City of Palms is a plotted development of 620 plots on 35.16 acres of coconut and mango plantation at Doddacheemanahalli, in Devanahalli taluk, North Bengaluru. Known during its expression-of-interest window as Assetz Palmscape, it is the Assetz IVC Road launch that brings Assetz plots in Devanahalli to one of Bengaluru's busiest plotted markets, at the lowest entry ticket among the belt's branded IVC Road plots: ₹1.08 Cr base. Its 415 plots of 30 x 40, 138 of 30 x 50 and 66 odd-shaped plots are set around four parks, a landscaped green spine and a ~20,000 sq ft clubhouse, and the project was registered with K-RERA on 30 June 2026. Within the same Bengaluru search, Assetz Miru & Miyo is a useful second reference for how product mix, launch stage, and daily-life fit can change the shortlist.

The layout fronts Chapparakallu Road, the straight 22 m road between the Satellite Town Ring Road (STRR, NH-648) at Chapparakallu, 3.3 km north, and IVC Road at Thindlu Circle, 2.3 km south. Plots are due for possession by 15 February 2029 and the clubhouse by 15 May 2030.

Highlights

• 620 plots on 35.16 acres: 619 residential plots and one clubhouse plot, at 17.6 plots per acre.
• A 30 x 40-led mix: 415 plots of 30 x 40 (1,200 sq ft), 138 of 30 x 50 (1,500 sq ft) and 66 odd-shaped plots from 1,117 to 5,074 sq ft.
• Registered and approved: K-RERA PRM/KA/RERA/1250/303/PR/300626/008780, approved 30 June 2026; draft layout plan approved by BIAAPA on 19 June 2026.
• From ₹1.08 Cr: a base band of ₹9,000–10,000 per sq ft, with PLC and charges extra.
• Payments that follow the works: a construction-linked plan in which 65% of the price falls due only as works finish on your plot's cluster, and a further 10% at the call for registration.
• About 45% of the land open: roads, four parks of about 3.7 acres and a civic amenity site.
• A ~20,000 sq ft clubhouse with a swimming pool, gymnasium and badminton court, and 30+ amenities across the layout.
• Services to every plot: underground water, sanitary and power lines, fibre conduits and a 450 KLD sewage treatment plant.
• Five years of defect liability under the registered agreement.
• Between the STRR and IVC Road: 3.3 km to the ring road, 7.1 km to the Foxconn plant and 19.0 km to the airport's Terminal 1, all by road.

The name comes from the land. The 35.16 acres at Doddacheemanahalli that make up Assetz City of Palms are coconut and mango plantation today, with an older approved residential layout to the north and farmland and plantations to the east and south. The plan turns that plantation into a neighbourhood of 620 plots on 15 m, 12 m and 9 m roads, with four parks, a civic amenity site and a clubhouse on the Chapparakallu Road frontage.

This is land to build on, not an apartment to move into: buyers own a plot with its services laid to the plot entry and build their own home. Works are filed to start on 16 August 2026, with roads and drainage due by August 2028 and the layout complete by 15 February 2029. The registered project cost is ₹552.23 Cr, of which ₹464.63 Cr is land and ₹87.60 Cr the layout's development. The promoter is Assetz Investments and Holdings Private Limited, an Assetz company incorporated in 2025 for this project.

Status at a glance

As at 21 September 2026.

A 15 m spine road runs from Chapparakallu Road through to the east boundary, with 12 m and 9 m internal roads and 3 m and 1.2 m pedestrian pathways branching from it, and no house plot fronts the main road. Four parks of about 3.7 acres in all are spread through the plots, and a natural drain running north to south through Parks 3 and 4 is kept as a landscaped green spine. The clubhouse stands on the west side, on the Chapparakallu Road frontage just south of the spine road, with Park-1 wrapping it to the north and west, the 12 m road on its east, and Plot 2 and the civic amenity site to its south. The 450 KLD sewage treatment plant sits at the south end of Park-4.

About 45% of the land stays open. Along the frontage, the plan marks a road-margin line 15 m from Chapparakallu Road's centre line, about 30 m of reserved width against the 22 m road of today; no widening scheme has been announced.

Adjoining land: the promoter intends a separate future project on adjoining land, with its own amenities and clubhouse, reached through this layout's roads, which are public roads to be handed over to the local authority.

The gallery starts with the land as it stands today: coconut palms and mango trees, with the Chapparakallu Road frontage beside them. It moves on to the layout plan, with its spine road, four parks and green drain spine, and to the clubhouse and its outdoor courts. Site photographs show the land as it is; images of the planned clubhouse and landscape are indicative.

Plots are priced in a band of ₹9,000 to ₹10,000 per sq ft of plot, the base rate of the April 2026 expression-of-interest window, with preferred location charges on top for corner, park-facing and wider-road plots.

The base carries no GST. Above it, the cost sheet adds club house charges, legal and documentation charges and three years' maintenance, each with 18% GST, and an interest-free sinking fund of ₹25 per sq ft, which is ₹30,000 on a 1,200 sq ft plot; amounts for the club, legal and maintenance lines are not published yet, so ask for the cost sheet. Stamp duty and registration add about 7.6–7.65% of the deed value, about ₹8.2 lakh on a ₹1.08 Cr plot. Payments are construction-linked, with 65% of the base falling due as works complete on the buyer's own cluster.

Price notice: base bands are indicative; the final rate is set at allotment and varies with plot type, facing and location.