Assetz Property firm launches another tower in their Bengaluru-based Residential Project


The Assetz Property group has recently announced the launch of third tower in its Bengaluru-based luxurious residential project name 63° East township. This project is situated on off Sarjapur Road in Karnataka’s capital city.

The third tower will have multiple living units including studio, 2 and 3BHK housing units. The already launched two towers have 1/2/3 BHK homes with nearing completion as 80% units are being sold out. The residential project 63° East is spread across 26-acre and is close to Bengaluru Metro.

The amenities like rainwater harvesting, solid waste management, energy and water saving fixtures, clubhouse, multiple swimming pools, more than two badminton courts, dedicated walking paths, skating rink, organic farming space, yoga deck, amphitheatre, terraces with seating arrangements, barbeque, library and more make 63° East a luxurious residential project in the city.

Rohit Cariappa, director sales, Assetz Property Group said that our target market includes young families, independent working individuals and retired couples. The facilities available in this project offer something to everyone.

In December 2018, the Singapore-based real estate developer Assetz Property planned to invest a $250-million fund in India’s residential market.

Akshay Dewani, chief executive officer, Assetz property said that the company is reasonably institutionalized and has the ability to offer transparent and good returns to the investors. The fund-raising for the same will be completed in one year.

These funds will be initially used to purchase land parcels for the development of 15 million sq. ft. of residential projects in Bengaluru. Apart from this, the company will also venture into Pune, Chennai and Hyderabad.