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Assetz launches luxury housing project in southeast Bengaluru, prices start at ₹2.3 crore
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Bengaluru real estate: Assetz launches luxury housing project on 3-acre parcel with more than 200 homes priced from ₹2.3 crore
Bengaluru-based real estate developer Assetz has launched a luxury housing project in the city's south-eastern corridor, offering 204 three-bedroom homes priced from ₹2.3 crore onwards, the company said in a statement.
The project Melodies of Life Apartments, spanning about 3 acres, is located off Hosa Road and around 15 minutes from HSR Layout.
According to the company, the project consists of two towers set within a predominantly low-rise neighbourhood with apartments ranging between 1,827 and 1,853 sq ft. The residents will also have access to a dual-clubhouse offering of nearly 38,000 sq ft, shared with the adjoining Assetz Melodies of Life plotted development.
“The intent was to create a residential environment that feels grounded and closely connected to nature,” Akshay Dewani, CEO, Assetz, said. He also said that the project integrates features such as double-height lobbies, native landscaping, carefully selected material palettes and provisions for remote-controlled blinds, along with new-age sports facilities like padel and pickleball.
To date, the company has developed and planned over 50 million sq ft of residential space across Bengaluru, with more than 50 projects and over 700 acres acquired or licensed.
“Low-density planning, strong governance, and sustainability features are central to how we build communities,” Sunil Pareek, Executive Director, Assetz Saud. He noted that the project aligns with the company's long-term strategy of creating residential environments that balance lifestyle, open spaces, and enduring value in a rapidly densifying city.
Last year, the company acquired an 11.5-acre land parcel in East Bengaluru to develop a luxury project. The project, backed by funding from Motilal Oswal Alternates, has a Gross Development Value (GDV) of over ₹1,400 crore and will add around 1.4 million sq ft of saleable area to the developer's portfolio
The project is located on Old Madras Road (OMR)/Hoskote Highway and will house around 800 residential units. Part of the acquisition involves a joint development agreement with Vanshee Builders and Developers Pvt. Ltd.
Source: Hindustantimes.com
Source: HindustanTimes
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