Assetz to Launch ₹7,500 Cr Residential Projects in FY26, Eyes IPO

Real estate developer Assetz Property Group is gearing up for a major expansion with plans to launch residential projects worth ₹7,500 crore in gross development value (GDV) in FY26. The Bengaluru-based firm is also evaluating a public market debut, although no definitive timeline has been set for its IPO.

Backed by global investors including NIIF, JP Morgan, and Apollo Global Management, Assetz is currently managing a GDV of approximately ₹10,000 crore through a mix of unsold inventory and upcoming launches in FY25.

The company, which operates across residential, commercial, warehousing, and data centre verticals, holds a land bank of 600 acres, 250 acres of which are under active development. Most of its land is acquired via joint development agreements, along with selective purchases.

Looking to deepen its footprint in Bengaluru, Assetz is entering South Bengaluru with plans to launch 6,000 homes over the next 15 to 18 months. To fund this growth, the firm will purchase 10 more land parcels, making a total of 27.

Portraying itself as something beyond being merely a builder, Assetz is aiming to provide holistic lifestyle experiences, targeting millennial and Gen Z homebuyers with good-quality, affordably priced homes. The firm has ambitious goals of attaining a 45% compound annual growth rate (CAGR) in pre-sales in the next three years.

“Our objective is not only to construct houses but to develop sustainable, quality communities that speak to the changing tastes of new-generation homebuyers,” said a company spokesperson.

With its thoughtful land acquisition, aggressive launch pipeline, and changing product portfolio, Assetz is emerging as a major player in India’s fast-growing residential realty market.