KVN Partners with Assetz Group for ₹1,000 Crore North Bengaluru Project.

KVN Properties LLP has forged a strategic partnership with Assetz Group to develop a premium residential project in North Bengaluru, marking a significant expansion of KVN's residential portfolio. The collaboration aims to develop approximately 1 million square feet with an estimated Gross Development Value (GDV) of ₹1,000 crore.

The project is structured as a single-phase development, expected to span 3-4 years. Construction will commence once all necessary development permissions, including RERA registration, are secured.

This new venture substantially boosts KVN's residential development commitments for the current fiscal year. With this partnership, KVN's cumulative tied-up residential development in FY 2025–26 has reached approximately 4.4 million square feet. This follows the company's May 2025 announcement of a 3.4 million square feet joint development with Puravankara Group.

Under the terms of this Development Management Agreement (DMA) model, KVN Properties will be responsible for the project's development costs, including land procurement and all construction expenses. Assetz Group will serve as the Development Manager, leveraging its expertise in overseeing the project's execution.