Updated 26 October 2026. Neither project appeared on the Karnataka RERA register as of 26 October 2026, so neither can legally be sold yet. This guide sets out what each announcement says and what buyers should wait for.

Assetz at KIADB Hardware Park: what was announced

  • Partners: Assetz with Fairlark Sagar Enterprises Centroid Pvt Ltd; their earlier joint project is Assetz Sora & Saki (PropNewsTime, 18 October 2026).
  • Site: 10 acres in KIADB Hardware Park, North Bengaluru, about 15 minutes from Kempegowda International Airport (PropNewsTime).
  • Scale: an estimated saleable built-up area of at least 1.68 million sq ft (PropNewsTime). That is about 3.9 sq ft of saleable area per sq ft of land (our arithmetic).
  • Not yet stated: project name, design, configurations, pricing and launch timeline (PropNewsTime).
  • Nearby infrastructure named in the report: the planned Namma Metro Blue Line with the under-construction Bagalur Cross station, and the Satellite Town Ring Road (PropNewsTime).
  • Developer scale: more than 22,000 homes across more than 50 projects as of 31 August 2026 (PropNewsTime).

Sunil Pareek, Assetz's executive director, said the land size allows an integrated residential development, and Fairlark's managing director Madhav Raju pointed to its focus on North Bengaluru (PropNewsTime, paraphrased). For context on the partners' first project, see our guide to Assetz Sora & Saki: Assetz Sora and Saki 2026: Price, RERA, Sizes and Possession

Puravankara at Sathanur: what was announced

  • Deal: a joint development agreement for 12.76 acres at Sathanur, North Bengaluru, disclosed in an exchange filing; the landowner is not named (PTI via PropNewsTime, 14 October 2026; Angel One, 12 October 2026).
  • Scale: about 1.90 million sq ft of saleable residential area (PTI).
  • Value: estimated gross development value of ₹2,500 crore (PTI). That implies an average of about ₹13,160 per sq ft of saleable area across the project (our arithmetic), which is a planning figure, not a price list.
  • Not yet stated: brand (Purva or Provident), configurations, launch date (PTI).
  • Context: Puravankara says it has added eight projects so far in FY27, six of them in Bengaluru (Sathanur, Mandur, Doddagubbi, Sanna Ammanikere, Sarjapur and South-East Bengaluru), totalling about 7.02 million sq ft and ₹8,800 crore of estimated value (PTI).

Managing director Ashish Puravankara said the deal fits the plan to grow the pipeline through land additions, and Mallanna Sasalu, CEO-South, cited "healthy end-user demand" in Bengaluru (PTI via PropNewsTime). Two of the other Bengaluru additions, Mandur and Doddagubbi, sit on the East side near Budigere and Old Madras Road, but no details were given for them.

Side by side

  • Land: Assetz 10 acres; Puravankara 12.76 acres (PropNewsTime; PTI).
  • Saleable area: Assetz at least 1.68 million sq ft; Puravankara about 1.90 million sq ft (PropNewsTime; PTI).
  • Saleable area per acre: about 1.68 lakh sq ft for Assetz and 1.49 lakh sq ft for Puravankara (our arithmetic).
  • Estimated value: Puravankara ₹2,500 crore; Assetz not disclosed.
  • RERA status on 26 October 2026: neither on the register (K-RERA register, read 26 October 2026).

Why this part of North Bengaluru is drawing projects

The KIADB parks east of the airport are adding offices and hotels as well as homes. On 6 October 2026 Hilton announced a Conrad and a Hilton hotel, 300 rooms each, at the KIADB Hi-Tech Defence and Aerospace Park with the Kalyani Group, expected to open in 2030 (PropNewsTime, 8 October 2026). In the same belt, Embassy Developments reported 477 homes worth over ₹1,800 crore booked at Embassy Origins, north of Yelahanka (PTI via PropNewsTime, 6 October 2026). Such activity explains developer interest; it does not by itself tell you what any home will be worth.

What a joint development agreement means for buyers

In a joint development agreement, the landowner contributes the land and the developer builds; the owner is usually paid in a share of the homes or of the revenue, on terms set in the agreement. For a buyer, the practical points come later, at RERA registration: check whether the landowner appears as a promoter on the RERA detail page, ask whether the unit you are offered belongs to the developer's or the landowner's share, and make sure the sale agreement names who is responsible for delivery. None of the Sathanur terms have been made public (Angel One; PTI).

Puravankara already has a large project in the same belt: Purva Northern Lights at Bagalur, covered in our guide at Purva Northern Lights Bagalur: Price, RERA, Sizes 2026.

Should you pay an EOI for either project now?

Our advice is to wait for the RERA number. Under RERA, a project cannot be advertised or sold before registration, and neither project was registered on 26 October 2026. If a channel partner asks for an 'expression of interest' payment, ask in writing whether it is fully refundable and by when, and do not pay into any account other than the developer's. Once the project is registered, the RERA detail page will give the unit mix, carpet areas and committed completion date, which are the basis for any comparison.

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