Assetz and Fairlark announce 10‑acre residential development in North Bengaluru
Assetz, a Bengaluru‑based design‑led residential real estate developer, has entered into a partnership with Fairlark Sagar Enterprises Centroid Pvt. Ltd. to acquire a 10‑acre land parcel located within the KIADB Hardware Park in North Bengaluru. The site lies approximately 15 minutes from Kempegowda International Airport and is part of the broader aerospace, technology and advanced‑manufacturing ecosystem that includes companies such as Shell India Markets, SAP Labs and Boeing.
The proposed residential project will deliver a minimum of 1.68 million square feet of estimated saleable built‑up area, marking a significant addition to Assetz’s development pipeline following the earlier launch of Assetz Sora & Saki in the same KIADB micro‑market. Assetz’s strategy emphasizes consolidating its presence across high‑absorption, infrastructure‑linked and emerging micro‑markets in Bengaluru, and this transaction reinforces its foothold in the airport‑led growth corridor of North Bengaluru.
The location benefits from robust road connectivity, linking Budigere Cross, Old Madras Road, East Bengaluru and Whitefield, while the Satellite Town Ring Road further integrates northern and eastern peripheral growth centres. Future public‑transport enhancements include the upcoming Namma Metro Blue Line and the under‑construction Bagalur Cross Metro Station, which are expected to improve accessibility to the corridor.
Commenting on the deal, Mr. Sunil Pareek, Executive Director of Assetz, said the scale of the parcel enables a cohesive residential development that aligns with the evolving micro‑market, emphasizing thoughtful design, strong execution and capital discipline as drivers of enduring value. Mr. Madhav Raju, Managing Director of Fairlark, highlighted the partnership’s focus on customer‑centricity, strategic location and design‑led homes.
About Assetz
Assetz’s portfolio, as of 31 August 2026, comprises over 50 projects covering more than 50 million square feet and delivering upwards of 22,000 residential units, reflecting its extensive experience and growing contribution to Bengaluru’s residential landscape.
Press release issued on Wednesday, 14 October 2026 at 16:35:40 by Assetz.