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Assetz KVN Niwa & Neo in Aerospace Park: Price, Floor Plans

In brief

Assetz KVN Niwa & Neo, also listed as Assetz Codename Summit, is an apartment project in Aerospace Park, Bengaluru Urban, with 845 units in three towers on 5.67

Developer: Elite Projects

  • Towers3 Towers
  • Land area5.67 Acres
  • Registered on22 Jul 2026

Facts verified Raaghav Valekar profile photoRaaghav Valekar18 min read

Key takeaways

  • Assetz KVN Niwa & Neo is a new-launch apartment project in Aerospace Park, Bengaluru Urban, with a RERA possession date of 30 September 2031. The builder's projects listing shows prices from Rs 1.75 Cr (16 October 2026, tentative).
  • RERA registers 1, 2 and 3 BHK units, while the builder markets 3 BHK only; this page gives both and does not pick one.

Project at a glance

City

Bangalore

Project type

Apartments

Project Status

New Project Launch

Project approved by

KIADB (Karnataka Industrial Areas Development Board), plan DO3-​KIADB-​00021/​26-​27/​BP approved on 20 June 2026

Address

Aerospace Park, Bengaluru Urban

Total Units

845 units, including 169 EWS units

No of Floors

2 Basements + Ground + 28 Floors in Tower A2 Basements + Ground + 29 Floors in Towers B and C

Nearest landmark

  • KIADB Hardware & Aerospace Park (about 10 min)
  • Bagalur (about 5 min)
  • Kempegowda International Airport (about 14 min)
  • NH 44 Bellary Road (about 12 min)

Expected Launch Date

15 September 2026

Developer Track Record

Assetz Property Group, headquartered on Crescent Road, Bengaluru, reports 50+ residential and commercial projects and 22,000+ units across delivered, active and future inventory. Niwa & Neo is co-branded Assetz KVN and registered by the promoter entity Elite Projects. On the K-RERA record Elite Projects has no earlier registered project, and the record shows no complaints and no extension (checked 22 October 2026).

Possession Date

30 September 2031

Amenities

Clubhouse of about 13,500 sq.ft., Swimming Pool & Deck, Kids' Pool, Gym, Outdoor Gym, Yoga Room, Steam Room, Reflexology Space, Jogging Track, Tennis Court, Badminton Court, Padel Court, Pickleball Court, Futsal Court, Box Cricket, Table Tennis, Billiards Room, Pool Room, Carrom Room, Multipurpose Hall, Banquet Hall with Spill-out Space, Co-working Space, Meeting Room, Creche (+14 more)

Parking / Utilities

One covered car park: Rs 3,50,000 to Rs 5,25,000 depending on the apartmentLegal & Documentation Charges: Rs 60,000 plus 18% GSTMaintenance: Rs 8 per sq.ft. per month for 18 months in advance, plus 18% GSTSinking Fund: Rs 50 per sq.ft., interest-free and passed through to the owners' associationGST: 5% effective on the total base price after one-third land abatement