📍 Area photo · Devanahalli© Pinakpani · CC BY-SA 4.0Assetz Codename Summit
by Assetz Property Group · KIADB Aerospace Park · North Bengaluru
Project score only — not a price check or legal clearance.
Price is from a listing or old data. We give no fair-price or buy verdict until it's checked.
Scored on 4 of 6 factors · #145 of 325. Analysis, not a recommendation.
RERA no. on file from the developer — confirm it on rera.karnataka.gov.in. Title and approvals need a lawyer — Legal Desk.
We don't give a buy or negotiate verdict yet — either the price hasn't been verified with the developer, or unit sizes aren't published so the real ₹/sqft can't be checked. Get the builder's own cost sheet before deciding.
Why
- ● Price and details come from a third-party listing (Homz N Space) and haven't been checked with the developer yet.
- ● Assetz Property Group has a strong delivery record.
- ● Possession is about 30 months away — factor in rent and delay risk.
Brochure vs Reality
What the sales pitch says — and what the data says.
- “Metro connectivity”Nearest running station: Krishnarajapura (Purple) — 23.85 km, a drive away. Airport City on the Blue line (1.76 km) is still under construction.✕ Doesn't hold
- “Best price / launch offer”We haven't verified this price with the developer yet, so we don't judge it — compare the builder's cost sheet with nearby projects.? Verify
- “Possession soon”No committed date is public — check the RERA registration for the promised date.? Verify
- “Great investment, high appreciation”Likely ~9.9% a year (strong appreciation) vs ~7% from a bank FD. ₹1 Cr could become ~₹1.6 Cr in 5 years.✓ Holds up
- “24×7 water, premium living”In Devanahalli, tanker and borewell dependence is common; flood risk is low. Ask residents of nearby buildings about summer water.✕ Doesn't hold
- “Trusted developer”Builder trust 85/100 from delivery, RERA and dispute records.✓ Holds up
- “All approvals in place”Ask for the RERA number, title deed + 30-year EC, sanctioned plan and (if ready) OC — and verify each yourself.? Verify
Is the price fair?
Unit sizes aren't published, so this ₹/sqft is an estimate and the comparison below is only a rough guide. Get the official cost sheet before judging the price.
Four checks, one project
If handover slips 6 / 12 / 24 months: ~₹4.8 L / ₹9.6 L / ₹19 L in rent + loan interest.
Open the engine →Bear · base · bull yearly return on your cash if rented out, under assumed area growth and rent. Not a forecast.
Open the engine →There's no checked price to negotiate from yet — ask for the builder's itemised cost sheet.
Open the engine →GST, stamp duty and registration on top of the listed ₹1.5 Cr (₹1.69 Cr in all). Builder charges (parking, club, PLC) aren't included — check them in the Quote Analyzer.
Open the engine →Scenarios use Devanahalli's assumed growth and rent, 25% down and an 8.5% loan. Delivery risk is a qualitative read of the builder's record — not a probability for this project.
Space you actually get
#7 of 19 projects with developer-published carpet areasYou pay on super built-up area but live in the carpet area. The gap is walls, lobbies, lifts and your share of common areas.
From the developer's published size ranges, pairing the smallest carpet with the smallest super built-up figure. Developers define carpet area differently (balconies in or out) — confirm your unit's RERA carpet area in the agreement. Compare all 19
What taxes add to the listed price
GST, stamp duty, cess and registration on the price on a public listing of ₹1.5 Cr. Builder extras like parking, PLC and corpus depend on your unit, so they aren't guessed here.
- GST @ 5% on the home price+₹7.5 L
- Stamp duty @ 5%+₹7.5 L
- Cess (10% of duty)+₹75,000
- Surcharge (2% of duty)+₹15,000
- Registration fee @ 2%+₹3 L
Karnataka rules as listed in the Builder Quote Analyzer. Stamp duty is charged on the higher of the price and the guidance value.
Your real commute from here
Peak-hour door-to-door estimates to Bengaluru's big job hubs — by road and, where it's faster, by running metro.
- Airport / Aerospace Park2.5 km🚗 Road17 min
- Manyata Tech Park19.9 km🚗 Road103 min
- Whitefield / ITPL26 km🚗 Road133 min
- Bagmane / CV Raman Nagar26.2 km🚗 Road134 min
- Yeshwanthpur / WTC / Peenya26.9 km🚗 Road138 min
- MG Road / CBD28 km🚗 Road143 min
Model estimate: road ≈ 17 km/h at peak; metro adds walk/auto to the station and ~2.2 min a stop. Test it once at 9 am before you book.
Score breakdown
The AlphaScore is an analytical project score — not a price check and not a legal clearance. Weights shown in brackets. Left out for lack of evidence: price fairness, investment return — the score is re-weighted over the rest, never filled with a guess.
Delivery record, RERA compliance and disputes
Connectivity, jobs, schools and daily needs
How quickly and well it would sell later
Layout, amenities, maintenance and water
What it costs you every month
Smallest unit (₹1.5 Cr), 75% loan at 8.5% for 20 years.
- EMI₹97,630
- Maintenance₹6,200
- Property tax₹1,000
Estimates: maintenance ≈ ₹4/sqft/month, property tax ≈ 0.08% of value a year. Your bank's rate and the builder's maintenance figure will change these.
Can I afford it?
For a ₹1.5 Cr home, 20-year loan.
35–50% of income — doable but tight. If rates rise 2%, EMI becomes ₹1,12,318 (45% of income).You're short ₹12 L in upfront cash (banks lend at most 75%).
Illustration: 5 years at the area's trend
A what-if, not a forecast: the listed (unverified) price grown at Devanahalli's estimated trend of 16.3% a year. Area trends are AlphaDesk estimates, and past growth doesn't predict future prices.
Rent (estimate): homes here may earn about 3% a year — roughly ₹37,500 a month on a ₹1.5 Cr home.
Questions to ask the sales team
Built from what's still unknown about this project. Ask them in writing — keep the answers.
- 1What is the RERA registration number for the tower/phase I'm buying in?
- 2Please share the full cost sheet with carpet area, super built-up area and the loading %.
- 3What is the all-inclusive price: car park, PLC, floor rise, club, BESCOM/BWSSB deposits, legal and corpus?
- 4What possession date is committed in the RERA registration and the sale agreement?
- 5What is the monthly maintenance per sqft, and how many months' advance do you collect?
- 6Which banks have approved this project for home loans?
- 7Is the water supply Cauvery, borewell or tanker — and what do current residents pay for water?
Assetz Codename Summit: quick answers
Short, sourced answers — each one stands on its own.
What is the price of Assetz Codename Summit?
Listings show Assetz Codename Summit from about ₹1.5 Cr, but this price has not been checked with Assetz Property Group — ask the developer for the latest itemised cost sheet before deciding.
Where is Assetz Codename Summit located?
Assetz Codename Summit is in KIADB Aerospace Park, in the Devanahalli area of North Bengaluru, about 23.85 km (straight line) from Krishnarajapura metro station.
What is the RERA number of Assetz Codename Summit?
Assetz Codename Summit is registered with Karnataka RERA under PRM/KA/RERA/1251/472/PR/220726/008831. Confirm it on rera.karnataka.gov.in before paying.
When is possession of Assetz Codename Summit?
Possession of Assetz Codename Summit is Not stated by the developer — check RERA. Compare it with the date in your agreement.
What home sizes does Assetz Codename Summit offer?
Assetz Codename Summit offers 3 BHK, sized 1,543–1,829 sqft super built-up · 1,084–1,277 carpet (per Assetz Property Group, 8 Oct 2026).
Who is the developer of Assetz Codename Summit?
Assetz Codename Summit is by Assetz Property Group, which AlphaDesk rates "Highly trusted" (85/100) on its delivery and RERA record.
Is Assetz Codename Summit a good buy?
AlphaDesk doesn't give a buy verdict on Assetz Codename Summit until its price is checked with the developer. Its project score is 76/100 on location, builder record and living comfort.
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Scores use AlphaDesk market reference data reviewed July 2026 and analyst assessments; prices change, so confirm the current price list with the builder. Guidance only, not legal or financial advice.