RERA project · Plotted Development
Assetz Promise of Spring Phase-1
by Sambhav Ventures Realty LLP · 291 plots · 19.91 acres · Bengaluru North
Upcoming Under construction, due Oct 2026. 88% built with 99% of the time used.
At a glance
Due 31 Oct 2026. 99% of the time from RERA approval to the deadline has passed.
The builder has not filed bookings on RERA.
Similar projects within 3 km: 16 per acre. 51% of the land is left open.
Complaints to RERA about this project.
No litigation on the land or the project, as the builder declares it to RERA.
Of its 54 RERA projects in Bengaluru Urban: 7 delivered on time, 11 late (after the date first promised), 10 past due with no completion filed, 26 under way.
These answers come from the builder's own filings on RERA Karnataka and RERA's records. They are not checked on site; each section below shows the detail.
When will it be ready?
- Approved by RERA3 Apr 2024
- Work started1 May 2024
- Today24 Oct 2026
99% of the time to the deadline has passed.
- Deadline31 Oct 2026
The date it must be complete by.
- If it slips like a typical project2 Aug 2027
35% of 4,105 active projects in Bengaluru Urban have extended their deadline, by a median of 275 days.
How much is built, each quarter
Built, as the builder reports itTime used by then
When the bar is short of the mark, construction is behind a steady pace. Builders rarely work at a steady pace, so read it as a rough guide.
CaveatDates from the RERA Karnataka project list, 24 Oct 2026. Progress as the builder reports it each quarter, certified by its architect and engineer; not checked on site.
What's being built?
This project's RERA page has no flat-by-flat list, so these are the builder's summary figures, exactly as filed. Builders often give the area of all plots of a size together there: a figure marked "in all" covers every one of them, not one plot.
CaveatAs registered by the builder on RERA Karnataka.
How crowded is it?
Plots per acre
Fewer plots on each acre usually means less crowding: less traffic, quieter common areas.
Land left open
The share of the land not built on, which includes roads.
- Land
- 19.91 acres
- Plot area (the sites)
- 49% of the land
- Roads
- 25,387 m²
- Parks and open spaces
- 11,619 m²
- Civic amenity sites
- 4,376 m²
80,573 m²
39,207 m²
Sites kept for public uses such as a school or a health centre.
CaveatAs registered on RERA Karnataka. "Typical" is the median of active plotted development projects with a land area on RERA; the comparison is ours.
Who is building it?
All 54 RERA projects of Assetz on the map
The company
- Registered as
- Sambhav Ventures Realty LLP
- Type
- Partnership Firm
- Company number
- ACB-3536
- PAN
- AFAFS1672K
- GSTIN
- 29AFAFS1672K1ZN
- Website
- www.assetzproperty.com
CIN or LLPIN, from the Registrar of Companies.
Its other registrations on RERA Karnataka
- Assetz Promise of Spring Phase-2 PRM/KA/RERA/1251/310/PR/050924/006995 · approved 5 Sep 2024
CaveatFrom the builder's own filings on this project's RERA page; complaints from RERA's list.
Paperwork and legal
- Registered with RERAPRM/KA/RERA/1251/309/PR/030424/006771 · Approved
- Building plan approvedBIAPPA - Bangalore Airport Area Planning Authority · BIAPPA/TP/LOA/126/2022-23/23-24/2543 · 28 Feb 2024
- Litigation on the landNone declared
- Litigation on the projectNone declared in the Q2 2026-27 update
- Water sourceLocal Authority
Complaints to RERA about this project
None on RERA Karnataka.
Documents
443 files on the RERA page: Approved plan ↗, Commencement certificate ↗, Brochure ↗.
CaveatAs filed on RERA Karnataka. Complaints are listed without the names of the people who filed them.
Project cost
Money from buyers, each quarter
| Quarter | Collected from buyers | Withdrawn from the project account |
|---|---|---|
| Q3 2025-26 | ₹14.4 cr | ₹10.0 cr |
| Q4 2025-26 | ₹7.4 cr | ₹5.1 cr |
| Q1 2026-27 | ₹2.3 cr | ₹1.6 cr |
| Q2 2026-27 | ₹2.5 cr | ₹1.7 cr |
Builders fill these in differently: some give the quarter, some the total so far, and the totals don't always add up. Read them as rough.
CaveatCost as certified by the builder's chartered accountant at registration.