Assetz Codename Palmscape IVC Road: RERA, Price, Resale Potential & 2026 Investment Guide

Assetz Codename Palmscape

Assetz Codename Palmscape has now moved beyond its original codename/pre-launch identity. The plotted development on IVC Road, Devanahalli is currently marketed by Assetz as Assetz City of Palms and has received Karnataka RERA approval under PRM/KA/RERA/1250/303/PR/300626/008780. Assetz’s official website confirms the RERA number and lists the project site at Kundana, Devanahalli, Bengaluru.

This regulatory update materially changes the buyer proposition compared with the earlier EOI stage. Buyers evaluating Assetz Codename Palmscape can now assess a RERA-registered plotted community instead of relying mainly on pre-launch projections.

Current project information broadly places the development at approximately 35 acres, with around 620–642 plotted units depending on the source and inventory definition. The core marketed formats include approximately 1,200 and 1,500 sq ft plots, while wider project material also references larger premium plots. The current headline price remains around ₹1.08 crore onwards.

The most important 2026 buyer question is therefore no longer:

“Will Assetz Codename Palmscape receive RERA?”

That has now been resolved.

The better question is:

“At today’s ₹1 crore-plus entry price, does Assetz City of Palms offer enough long-term value, resale liquidity and IVC Road growth potential to justify its premium over other Devanahalli plots?”

Assetz Codename Palmscape / City of Palms 2026 Snapshot

Project DetailUpdated Information
Pre-Launch NameAssetz Codename Palmscape
Current Project NameAssetz City of Palms
DeveloperAssetz Property Group
Legal Promoter ReferenceAssetz Investments and Holdings Pvt. Ltd.*
LocationKundana / Doddacheemanahalli, Devanahalli
Property TypeResidential Villa Plots
Project AreaApprox. 35 Acres
Current Unit ReferencesApprox. 620–642 Plots*
Main Plot Formats1,200 sq ft, 1,500 sq ft & larger variants
Current Starting PriceApprox. ₹1.08 Cr*
1,200 Sq Ft Live ListingsApprox. ₹99 L–₹1.20 Cr*
1,500 Sq Ft Live ListingApprox. ₹1.29 Cr*
Open-Space Positioning60%+
ClubhouseApprox. 20,000 sq ft
Trees1,000+ marketed
RERAPRM/KA/RERA/1250/303/PR/300626/008780
RERA Approval30 June 2026
Registered Completion Reference15 February 2029*
Main ConnectivityIVC Road, STRR, NH-44, Airport

*Current public sources differ slightly on plot count, exact plot-size schedule and handover presentation. Buyers should use the RERA inventory schedule for the final legal position.

1. Assetz Codename Palmscape Is Now City of Palms: Why the RERA Approval Changes the Buying Decision

The most significant update for Assetz Codename Palmscape in 2026 is regulatory.

During the original EOI/pre-launch stage, public project information described Codename Palmscape as a planned 35-acre plotted development on IVC Road. Assetz’s March 2026 project update referenced approximately 642 plots, 1,200–2,400 sq ft formats and a ₹1.08 crore starting benchmark.

The project has since moved into its formal registered identity:

Assetz City of Palms.

Assetz Property Group’s current official project page displays Karnataka RERA:

PRM/KA/RERA/1250/303/PR/300626/008780.

A separate current Assetz project portfolio page also lists City of Palms under the same RERA registration.

Why This Matters for Buyers

A pre-launch plotted investment involves greater uncertainty around:

  • final land parcel
  • approved layout
  • exact inventory
  • legal promoter
  • completion schedule

Once RERA is issued, buyers can compare marketing claims with a formal regulatory record.

This makes it possible to verify:

  • legal project name
  • promoter
  • sanctioned inventory
  • project timelines
  • regulatory disclosures

620 or 642 Plots?

This is where buyers need to remain careful.

Current marketing/project pages continue to display approximately 642 plots across 35 acres.

However, a current RERA-oriented project update describes the registered scheme as approximately 620 premium plots.

Housing.com also currently lists:

620 residential units.

The safest buyer-facing wording is therefore:

Assetz City of Palms is a roughly 35-acre plotted development, with current project marketing referencing 642 plots while RERA-oriented market data commonly shows around 620 registered units.

Buyers should verify the final RERA plot schedule before booking.

Why the Legal Name Matters

If a buyer originally enquired for “Codename Palmscape,” the booking documents may now use:

Assetz City of Palms.

This is normal when a codename transitions into a registered project identity.

The buyer should ensure:

  • booking form
  • allotment letter
  • sale agreement
  • RERA certificate

all refer to the correct registered project.

Current Registered Completion Reference

A RERA-evidence tracker currently lists the declared completion date as:

15 February 2029.

This is earlier than some older pre-launch pages that referenced April 2030.

For current buyer planning, the RERA-linked timeline should take priority over old pre-launch marketing.


2. Assetz Codename Palmscape Price: Is ₹1.08 Crore Still Competitive After RERA?

The Assetz Codename Palmscape Price remains positioned around:

₹1.08 crore onwards.

Current Assetz-linked project information still shows a ₹1.08 crore entry benchmark.

However, live resale/new-booking listings show that actual plot pricing is already varying significantly.

Housing.com currently includes examples such as:

  • 1,200 sq ft plot – approximately ₹99 lakh
  • 1,200 sq ft plot – approximately ₹1.20 crore
  • 1,500 sq ft plot – approximately ₹1.29 crore.

Current Practical Price Reference

Plot FormatCurrent Indicative Market Reference*
~1,200 sq ft₹99 L–₹1.20 Cr
~1,500 sq ftAround ₹1.29 Cr+
Larger Premium PlotsPrice depends heavily on size/location

These are live-market references, not a universal developer price list.

Why Two 1,200 Sq Ft Plots Can Have Different Prices

Plot pricing depends more heavily on individual position than apartment pricing.

Factors include:

  • east/north facing
  • corner position
  • wider road
  • park adjacency
  • clubhouse proximity
  • regular shape
  • release stage

For example, a north-facing 1,200 sq ft plot may command a different price from an internal west-facing plot even though both have identical area.

Is ₹1 Crore Expensive for a 30×40 Plot?

It depends on what the buyer is comparing it with.

A standalone land parcel may be cheaper.

A branded gated plot can command a premium for:

  • developer credibility
  • internal roads
  • drainage
  • security
  • utilities
  • clubhouse
  • landscaping
  • regulatory approval

The buyer is therefore paying for:

land + community infrastructure + Assetz brand + controlled layout.

What Investors Should Calculate

Do not calculate only:

purchase price ÷ square feet.

Instead calculate:

all-inclusive acquisition cost ÷ legal plot area.

Include:

  • PLC
  • infrastructure charges
  • maintenance/corpus
  • registration
  • stamp duty
  • other applicable charges

Resale Liquidity

The 1,200 sq ft category may be particularly useful for investors because a ₹1–₹1.2 crore future resale ticket can potentially attract a broader buyer base than a ₹2 crore-plus large plot.

The strongest resale combination may be:

  • standard dimensions
  • favourable facing
  • good road width
  • sensible total ticket size

1,500 Sq Ft as a Middle Ground

A 1,500 sq ft plot can offer more architectural flexibility without pushing the total land cost as high as a large estate plot.

It may therefore suit:

  • investors who may later build
  • family buyers
  • NRI purchasers

This makes the 1,500 sq ft category a potentially strong investment + self-use hybrid.


3. Assetz Codename Palmscape Location: Is IVC Road Ready for ₹1 Crore-Plus Plot Pricing?

The Assetz Codename Palmscape Location is in the Kundana/Doddacheemanahalli area of Devanahalli, close to IVC Road in North Bangalore.

Assetz’s current official project page lists the site address as:

Assetz City of Palms, Kundana, Devanahalli, Bengaluru – 562110.

The earlier Codename Palmscape material placed the development approximately:

  • 3 minutes from STRR
  • 15–20 minutes from Kempegowda International Airport
  • near NH-44
  • within the Aerospace Park / Devanahalli economic corridor.

Why IVC Road Has Become Important

IVC Road connects the northern airport-region development belt with several strategic transport corridors.

Its long-term property narrative is supported by:

  • airport expansion
  • STRR
  • industrial development
  • aerospace investment
  • logistics activity
  • manufacturing

For plotted real estate, these factors can matter because land values tend to benefit when peripheral areas gradually move from speculative corridors toward employment-supported residential districts.

Airport Advantage

The project is broadly marketed within approximately a 15–20 minute airport catchment.

This makes it potentially attractive for:

  • aviation professionals
  • frequent travellers
  • NRI buyers
  • airport-linked employees

However, airport proximity should not be treated as the only investment driver.

STRR

The Satellite Town Ring Road is one of the more important long-term regional connectivity projects for North Bangalore.

For IVC Road, STRR may help connect toward:

  • Doddaballapur
  • Hoskote
  • industrial regions
  • peripheral employment zones

This can improve the strategic importance of plotted developments in the corridor.

Assetz Is Already Active in the Micro-Market

Another useful point is Assetz’s existing plotted presence around IVC Road.

Current Assetz location information references other developments such as Secret Lake in the same wider corridor.

This may indicate longer-term developer confidence in the micro-market rather than a single isolated project.

Devanahalli Upcoming Projects

Buyers exploring Devanahalli Upcoming projects should compare Assetz City of Palms with other developments using the same asset class.

Do not compare a ₹1.08 crore plot directly with a ₹1 crore 2 BHK apartment.

The two products offer different value.

A plot provides:

  • land ownership
  • future villa flexibility

An apartment provides:

  • a finished residential unit
  • future rental income after possession

IVC Road Risk

The main risk is infrastructure maturity.

This is still not the same lifestyle environment as:

  • Hebbal
  • Yelahanka
  • established central Bangalore

Buyers should assess:

  • current approach roads
  • schools
  • hospitals
  • retail
  • daily commute

rather than relying only on planned infrastructure.


4. Assetz Codename Palmscape Floor Plan, Master Plan and Amenities: What Actually Creates Plot Value?

The Assetz Codename Palmscape Floor Plan is better understood as a plot-size matrix rather than an apartment floor plan.

Earlier marketing focused on standard rectangular configurations such as:

  • 1,200 sq ft
  • 1,500 sq ft
  • larger estate plots

The current RERA-linked Housing.com schedule is broader and shows registered plot areas ranging from approximately 1,117 sq ft upward, demonstrating why buyers must verify their exact legal plot area rather than relying solely on rounded marketing dimensions.

Why RERA Plot Area Is Important

A plot advertised as “1,200 sq ft” may have a registered area such as:

  • 1,199.27 sq ft
  • 1,246.68 sq ft
  • another exact measured area

depending on the specific plot.

This is normal in plotted developments.

The exact sale consideration should therefore be based on the legal plot schedule.

Assetz Codename Palmscape Master Plan

The Assetz Codename Palmscape Master Plan is built around landscaped roads, open spaces and retained greenery.

Current project information highlights:

  • tree-lined internal avenues
  • urban forest
  • central activity spine
  • themed parks
  • open green areas
  • gated security.

1,000+ Trees

Current marketing continues to highlight more than:

1,000 trees

across the layout.

This can add meaningful long-term value if the landscape matures successfully.

For plotted developments, mature trees can improve:

  • street character
  • shade
  • villa outlook
  • resale appeal

Assetz Codename Palmscape Amenities

The Assetz Codename Palmscape Amenities package has been marketed around a roughly 20,000 sq ft clubhouse with 40+ lifestyle facilities.

The amenity mix includes:

  • gym
  • jogging
  • sports courts
  • yoga
  • pet park
  • children’s play
  • multipurpose spaces
  • landscaped recreation

Infrastructure Is More Important Than Clubhouse Size

For a plot owner, these matter even more:

  • sewage network
  • water supply
  • underground electrical infrastructure
  • storm-water management
  • internal roads

The official Assetz City of Palms page currently confirms:

  • STP
  • centralised underground sump
  • water-supply network
  • underground sanitary lines
  • underground electrical provisions
  • fibre-conduit provision.

These are highly relevant because they determine how practical future villa construction will be.

Gallery and Brochure

The Assetz Codename Palmscape Gallery should increasingly be used for actual infrastructure verification rather than only CGI evaluation.

The Assetz Codename Palmscape Brochure should help confirm:

  • road network
  • plot numbering
  • open spaces
  • clubhouse location
  • utility planning

But the RERA schedule should override a brochure if there is any discrepancy.


5. Assetz Codename Palmscape RERA Number and 2029 Possession: What Buyers Must Verify Now

The Assetz Codename Palmscape Rera Number is now confirmed under the formal project identity Assetz City of Palms:

PRM/KA/RERA/1250/303/PR/300626/008780

Assetz Property Group’s official website displays the same number.

The registration was approved on:

30 June 2026.

This Corrects the Earlier Pre-Launch Position

Earlier project pages correctly stated:

RERA pending / coming soon

because the project was still in EOI stage.

That information is now outdated.

As of September 2026, the project has been registered.

Current Legal Promoter Reference

A current RERA-evidence source identifies the legal promoter as:

Assetz Investments and Holdings Private Limited.

Buyers should confirm that the same promoter identity appears on their sale documentation.

Possession / Completion

The current RERA-evidence record gives:

15 February 2029

as the declared project completion.

Housing.com currently similarly lists:

February 2029 possession.

This is significantly earlier than the older April 2030 pre-launch reference.

For current SEO and buyer information, February 2029 is therefore the safer RERA-linked planning reference.

Plot Possession Is Not Villa Possession

Even if the developed plot is available in 2029, a self-use buyer still needs to construct the villa.

That could involve:

  • architect appointment
  • design
  • local approvals
  • contractor selection
  • construction
  • interiors

A buyer wanting to live on the property should therefore plan beyond the plot-handover date.

Legal Due-Diligence Checklist

Before purchasing, verify:

  • RERA number
  • exact plot number
  • exact legal area
  • promoter
  • title schedule
  • facing
  • road width
  • sanctioned layout
  • construction guidelines
  • maintenance
  • possession
  • sale-agreement terms

Why Plot-Specific Verification Matters

A plotted development can contain hundreds of individually different parcels.

Two plots in the same project may have different:

  • areas
  • frontages
  • roads
  • orientation
  • open-space relationship

That means project-level due diligence is only the first layer.

The second layer is plot-level due diligence.


6. Is Assetz Codename Palmscape / City of Palms a Good Investment in 2026?

Assetz City of Palms now has a stronger investment case than it did during the early Codename Palmscape EOI stage because one major uncertainty has been removed:

the project has received Karnataka RERA registration.

Its investment case now depends primarily on:

  • pricing
  • plot selection
  • IVC Road growth
  • holding period

Main Strengths

The strongest positives include:

  • approximately 35-acre branded development
  • RERA registration
  • IVC Road location
  • Assetz brand
  • airport access
  • STRR connectivity
  • developed infrastructure
  • freehold-style plotted ownership

Main Risks

Important risks include:

  • ₹1 crore-plus entry price
  • developing social infrastructure
  • no immediate rental income
  • competing plotted supply
  • resale dependent on exact plot quality

Investor vs End-User

Buyer ObjectiveLikely Best Strategy
Long-term investmentSmaller regular plot
Resale liquidity~1,200 sq ft
Investment + future villa~1,500 sq ft
Luxury self-useLarger premium plot
Immediate rental incomePlot may not suit

Why the 1,200 Sq Ft Format Is Interesting

This category keeps the ticket closest to ₹1 crore.

That can make it easier to resell than a ₹2 crore-plus land parcel.

The future buyer pool can include:

  • investors
  • smaller families
  • villa buyers

Why 1,500 Sq Ft May Be the Better Hybrid Choice

The extra area provides more design flexibility.

It still avoids the capital intensity of very large estate plots.

For someone who may eventually build, it can be a useful middle path.

Compare With Assetz’s Other Bangalore Projects

Buyers exploring Assetz Upcoming Projects in Bangalore should compare Palmscape/City of Palms with other Assetz developments based on asset type.

An apartment and a plot should not be evaluated using the same investment model.

For a plot, prioritize:

  • land appreciation
  • road infrastructure
  • legal title
  • resale liquidity

Upcoming Residential Projects in Bangalore

Buyers comparing Upcoming Resedential Projects in Bangalore should also naturally consider the correctly spelled semantic phrase Upcoming Residential Projects in Bangalore when researching the wider market.

The strongest comparison set for City of Palms is other:

  • Devanahalli plots
  • IVC Road plots
  • airport-corridor plotted communities

rather than unrelated city apartments.

Frequently Asked Questions About Assetz Codename Palmscape

1. What is the new name of Assetz Codename Palmscape?

The project originally marketed as Assetz Codename Palmscape is now registered and marketed as Assetz City of Palms on Assetz’s current official website.

2. What is the current starting price?

Current project marketing shows plots from approximately ₹1.08 crore onwards. Live market listings show individual 1,200 sq ft plots around ₹99 lakh to ₹1.20 crore depending on position and seller.

3. What is the RERA number of Assetz City of Palms?

The Karnataka RERA number is PRM/KA/RERA/1250/303/PR/300626/008780, approved on 30 June 2026.

4. How many plots are there?

Current sources differ slightly. RERA-oriented market sources generally show around 620 registered residential plots, while some active project marketing continues to reference 642 plots. Buyers should verify the final RERA inventory schedule for the exact legal count.

5. When is possession expected?

The strongest current RERA-linked reference shows project completion around 15 February 2029, and Housing.com currently lists possession from February 2029.

6. Is Assetz Codename Palmscape good for investment?

It can suit long-term land investors because the project now has RERA approval, a branded 35-acre layout, airport/STRR connectivity and professionally planned infrastructure. Buyers should still compare the exact plot price and location within the layout before purchasing.

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