By early 2026, the Foxconn facility in the Devanahalli belt was reported to employ around 50,000 people, and the KIADB Aerospace Park had turned from a map into working campuses for Boeing and RTX Collins Aerospace. That is the economic engine sitting behind Assetz City of Palms, a roughly 35 acre plotted development on IVC Road near Devanahalli, where plots are priced from about Rs 1.08 crore. For a buyer choosing between the many airport corridor land options, the real question is what this particular layout offers beyond proximity to jobs that are already here.

The short answer. Assetz City of Palms is a RERA approved (PRM/KA/RERA/1250/303/PR/300626/008780) plotted community of about 620 plots across roughly 35 acres on IVC Road, Devanahalli, with plot sizes from 1,199 to 1,798 square feet priced from Rs 1.08 crore to about Rs 1.8 crore, and tentative possession from 2028. It suits buyers who want a RERA backed, mid sized parcel in the airport corridor to build on. The biggest trade off is the Rs 1 crore plus entry ticket for land that will not earn rent until you build, in a belt where prices have already climbed steeply.

What is Assetz City of Palms and who is it for?

Assetz City of Palms is a plotted development, so you buy titled land inside a gated, planned layout rather than a finished home. The plot sizes are tightly banded, from 1,199 to 1,798 square feet, which points at standard 30 by 40 and 30 by 50 style parcels aimed at custom homes rather than sprawling estates. It fits the buyer who wants a manageable, buildable plot near the airport with a branded developer's infrastructure and a clear RERA record. It is a weak fit for anyone seeking immediate occupancy, rental yield, or the lowest possible entry price, since the corridor's run up has pushed even mid sized plots past Rs 1 crore. The complete layout detail sits on the Assetz City of Palms project page.

Is Assetz Property Group a builder you can trust?

Assetz Property Group is an established Bangalore developer with a substantial plotted and residential portfolio, which is relevant because plot buyers depend on the developer actually delivering roads, drainage, and utilities. The credibility questions to settle are the same for any land purchase: is the title clean, is the layout sanctioned, and does the developer have a record of completing infrastructure on time. A RERA registered project from a known developer is materially safer than an unregulated site, but you should still read the filing and confirm the phase and infrastructure commitments in writing. Reputation lowers risk; it does not remove the need to verify.

How good is the IVC Road and Devanahalli location?

IVC Road connects the Devanahalli belt toward the airport and the northern growth corridor, placing City of Palms inside Bangalore's most jobs led micro market. The demand case rests on hard anchors rather than speculation: the Foxconn plant, the operational Aerospace Park, and airport linked growth have lifted Devanahalli land rates to between Rs 7,000 and Rs 9,600 a square foot in the Shettigere pocket as of March 2026, per recent market coverage. The honest caveat is that civic amenities, retail, and schools in the immediate IVC Road pockets are still filling in, so an early builder here is buying position ahead of daily convenience.

What do the plots and layout offer?

The value is a compact, gated plotted layout with shared infrastructure, sized for buyers who intend to build a home rather than bank a large estate. With about 620 plots across 35 acres, the density is moderate, which usually translates into orderly internal roads, planned utilities, and community amenities that a standalone site cannot provide. The narrow plot size band from 1,199 to 1,798 square feet keeps the community coherent and the buyer pool focused on end use construction. What you are not buying is a building or a move in timeline, so your first years here are defined by the layout and your own construction schedule.

What does Assetz City of Palms cost, all in?

Plots run from Rs 1.08 crore to about Rs 1.8 crore, but the land price is only the first layer of the cost stack. Add Karnataka stamp duty and registration of roughly 6.6 percent, any premium for corner or park facing plots, and then the construction budget, which for a quality home in this segment realistically runs Rs 2,000 to Rs 2,800 a square foot. A buyer taking a 1,500 square foot plot near Rs 1.4 crore and building a 2,000 square foot home should budget the land, the taxes, and a construction outlay that can approach the plot cost. This is a two stage spend, and the total, not the plot price, is the number that matters.

Is the RERA and possession position clean?

Yes, and it is a genuine strength: Assetz City of Palms carries a Karnataka RERA registration, PRM/KA/RERA/1250/303/PR/300626/008780, verifiable on the Karnataka RERA portal. Possession of developed plots is tentatively from 2028, which you should confirm against the current RERA filing rather than the brochure, since plotted handovers follow phase releases. For land, the RERA registration is the buyer's most important protection, tying the developer to a sanctioned plan and a defined timeline for infrastructure. Match the survey numbers and plot extent on the RERA record to your sale agreement before any payment.

How does it compare with nearby alternatives?

Against other Devanahalli land options, City of Palms sits in the mid sized, mid priced plotted segment rather than at the budget or ultra premium ends. The table sets it beside two credible airport corridor peers on the dimensions that decide a plot purchase.

Read the alternatives, including Godrej Reserve in Devanahalli and Prestige's Shettigere villas, before committing.

What are the honest risks and trade-offs?

The central risk is that you are paying a Rs 1 crore plus ticket for land that produces no income until built, in a belt where the easy early appreciation has already happened. Plotted developments carry construction cost, time, and project management on the buyer, unlike a ready apartment. Tentative 2028 possession means a wait before you can even start building, so this is a multi year commitment from the outset. Water security and the pace of civic infrastructure on IVC Road are worth verifying on the ground, and your exit depends on the corridor staying in demand when you choose to sell.

What is the verdict on Assetz City of Palms?

Assetz City of Palms is a credible, RERA backed way to own a buildable, mid sized plot in Bangalore's strongest jobs corridor, best for a buyer with a multi year horizon and the intent to build. The clean registration, an established developer, and the corridor's real employment anchors support the case for a long hold. Temper expectations on two fronts: the entry price already reflects the corridor's boom, and this is a land plus construction project, not a home you can move into or rent. For a patient end user, it is a sensible pick. For a yield seeker or bargain hunter, look elsewhere.

Is Assetz City of Palms RERA approved?

Yes. The project is registered with Karnataka RERA under PRM/KA/RERA/1250/303/PR/300626/008780. Buyers should verify the registration, the sanctioned layout, and the committed infrastructure timeline on the Karnataka RERA portal before paying any advance or signing the sale agreement.

What is the price of plots in Assetz City of Palms?

Plots are priced from about Rs 1.08 crore to Rs 1.8 crore, with sizes from 1,199 to 1,798 square feet. Buyers should budget separately for stamp duty and registration of roughly 6.6 percent and for future construction cost if they intend to build a home.

Where is Assetz City of Palms located?

The project is on IVC Road in Devanahalli, North Bangalore, within the Kempegowda International Airport corridor. The belt is anchored by major employers including the Foxconn facility and the KIADB Aerospace Park, home to firms such as Boeing and Collins Aerospace.

When is possession of Assetz City of Palms plots?

Developed plots are tentatively handed over from 2028, on a phase wise basis. Buyers should confirm the exact handover timeline for their specific plot and phase from the current Karnataka RERA filing rather than relying on a brochure or sales conversation.

Your seven point checklist before you book

This review reflects information available as of July 31, 2026.

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By PropNewz Team