KVN Properties, led by Venkat K Narayana, has partnered with Assetz Group to develop a premium housing project in North Bengaluru. This development management agreement (DMA) spans nearly one million sq. ft. and is valued at Rs 1,000 crore.

The partnership strengthens KVN's goal of developing 10 million sq. ft. of residential real estate in FY 2025–26. The company had earlier announced a 3.4 million sq. ft. joint development with Puravankara Group, bringing its tied-up development total to 4.4 million sq. ft. Under this DMA, KVN will fund the land procurement and construction, while Assetz will serve as Development Manager, bringing its design expertise and market credibility.

"Our DMA with Assetz is a strong statement of our capital strength and commitment to delivering high-quality urban communities," said Narayana. Sunil Pareek of Assetz added, "This partnership allows us to co-create a landmark project that reflects KVN’s commitment to community-focused development." The single-phase development is expected to take three to four years after securing all permissions, including RERA registration. KVN continues to expand aggressively in Bangalore and is exploring opportunities in Mumbai, Pune, Hyderabad, and Chennai, capitalising on Bangalore’s 14 percent YoY residential price growth.