Assetz Canvas And Cove Phase 2 Begur Bengaluru

About Assetz Canvas And Cove Phase 2 Begur Bengaluru

Assetz Canvas & Cove Phase 2 is the second leg of a large lakefront township by Assetz Property Group on Begur Road, just off Hosur Main Road in South Bengaluru. Spread across 17 acres of prime land, the project dedicates 85% of the area to greenery, landscaping, a clubhouse, amenities, and a waterfront park, and offers studio to 4-bedroom apartments with spacious layouts, modern designs, and lake-facing balconies. The total integrated development has 1,354 apartments across phases, with Phase 2 specifically offering spacious 3 BHK and 4 BHK apartments. The project is themed around "Carbon Healing Homes" — Assetz's signature eco-living philosophy that emphasises natural light, ventilation and waterfront views.

Key Highlights

• 17-acre lakefront township with 85% open space dedicated to greenery, clubhouse, amenities and waterfront park.
• 8.5 acres of green space, 5 acres of waterfront park, and a 20,000 sq.ft. clubhouse with indoor and outdoor amenities.
• Phase 2 Tower A configured as Ground + 28 floors.
• Phase 2 features 3 BHK apartments ranging from 1,500 to 1,900 sq.ft. and 4 BHK apartments of around 2,250 sq.ft.
• Premium 3 BHK apartments designed with an impressive 72% carpet area efficiency.
• Base Selling Price starts at ₹10,000+ per sq.ft. with a 10% down payment booking and construction-linked payment plans.
• Overlooks the 137-acre Begur Lake, marketed as carbon-healing homes for 21st-century living.
• Connectivity: Basapura Road Metro – 3 km, Singasandra Metro – 4 km, Electronic City – 6 km, Koramangala – 7 km.

Location Advantages

The project sits in Begur, a fast-evolving micro-market in South Bengaluru wedged between Hosur Road and the upcoming Yellow Line metro corridor. The location offers close proximity to Electronic City, Hosur Road, Koramangala, ORR, HSR, NICE Road and Bannerghatta Road. The Yellow Metro Line connects Begur to RV Road via Singasandra, the closest station being roughly 1 km away. The 137-acre Begur Lake on the project's doorstep adds visual value and breeze, though buyers should note two real concerns. First, traffic bottlenecks during peak hours while accessing other parts of South Bengaluru, and second, certain civic amenities are still developing in and around the vicinity of the project. Begur Road itself is narrow in stretches and prone to congestion during morning/evening peaks heading toward Silk Board and Electronic City. The lake-adjacent location is positive for views but buyers should check monsoon water-table behaviour before finalising lower floors.

What's Nearby — Schools, Hospitals, Malls

Amenities

Fitness & Sports: Fully equipped gymnasium, sports courts, jogging tracks and outdoor recreation zones. Water: A large adult swimming pool plus a dedicated kids' pool, alongside the project's signature 5-acre waterfront park along Begur Lake. Kids: Dedicated children's play area, creche/day care for residents, kids' splash pool. Social: A 20,000 sq.ft. clubhouse with indoor and outdoor amenities , party hall, amphitheatre, retail spaces and a "farmer's market" zone within the township. Security: Security cabin and 24x7 security to ensure all residents feel safe and secure , alongside CCTV surveillance across common areas. The clubhouse-to-resident ratio is healthy given the 1,354 unit count, and Phase 2 residents share the integrated amenity grid with Phase 1 — improving usable scale without crowding any single facility.

Price & Configuration

Base Selling Price (BSP) is approximately ₹10,000+ per sq.ft. Buyers can pay just 10% as the down payment booking amount and avail attractive construction-linked payment plans. Additional charges including registration, GST, maintenance, parking and PLC apply over and above the BSP.

Construction Progress

Phase 2 is currently in active under-construction stage. Phase 2, Tower A, is now open for pre-booking and is the lead tower of the second phase. The tentative possession date for Phase 2 is December 2028. Phase 1 of the township is at advanced construction with possession deliveries already commencing in handover stages, which provides Phase 2 buyers comfort that the developer is executing on the ground rather than starting from a green-field plot. Excavation, foundation and structural works on Tower A are progressing as per the developer's update calendar — buyers should still ask for the latest tower-wise floor-slab status during site visits.

Investment Analysis

• Price benchmarking: At roughly ₹10,000-12,500/sq.ft., the project is priced 15-20% above Begur's current locality average of ₹8,000-9,500/sq.ft. The premium reflects lakefront positioning and Assetz brand pricing.
• Appreciation: Begur has seen 7-10% annual appreciation over the past 2-3 years, driven by Yellow Line metro construction and Electronic City spillover demand.
• Rental yield: Expected gross yield of 3.0-3.5% for 3 BHK units once delivered — typical for this configuration in South Bengaluru. Some buyer commentary suggests the project is good for self-use rather than pure investment, with around 6% growth rate expected.
• Resale demand: Strong end-user demand from Electronic City IT professionals; resale liquidity moderate given large unit count and competition from neighbouring launches.
• Competing projects: Brigade Valencia (Hosur Road, ~₹8,500/sq.ft.), Sobha Royal Pavilion adjacencies, and Prestige Sunrise Park sit in similar buyer baskets — Assetz prices at a premium to all three.

Pros and Cons

PROS:

• Genuine 17-acre lakefront township with 85% open space — rare in South Bengaluru today.
• 72% carpet area efficiency in 3 BHK floor plans is among the best in this micro-market.
• Established developer with a delivered residential portfolio across Bengaluru.
• Strong connectivity to Electronic City, Hosur Road, Koramangala and the Yellow Line metro under construction.
• Large clubhouse (20,000 sq.ft.) and waterfront park add genuine lifestyle value, not just marketing.

CONS:

• Price premium of 15-20% over Begur locality average — value-buyers will find cheaper alternatives nearby.
• Traffic bottlenecks during peak hours while accessing various other parts of South Bengaluru — Begur Road is narrow.
• Certain civic amenities are still developing in and around the vicinity of the project.
• Possession is December 2028 — a 3+ year wait with construction-linked payments and GST exposure.
• Lake proximity is a positive but buyers should verify monsoon water-table behaviour and NGT-compliance margins.

Who Should Buy This

Ideal for: End-user families working in Electronic City or Bommanahalli who want a lakefront premium home with strong amenities. IT professionals upgrading from a 2 BHK in Electronic City to a 3 BHK lifestyle home. NRIs seeking a brand-developer South Bengaluru asset with delivery confidence.

Not ideal for: Pure rental-yield investors (3.0-3.5% yield is below FD returns). Budget buyers under ₹1.5 Cr — this project sits firmly in the premium segment. Anyone who needs ready-possession within 12 months.

FAQ — Frequently Asked Questions

Q: Is Assetz Canvas And Cove Phase 2 Begur Bengaluru RERA registered?

A: Yes — the integrated Canvas & Cove development carries Karnataka RERA registrations including PRM/KA/RERA/1251/310/PR/071223/006454 for the under-construction phases. Always verify the specific tower's RERA on the Karnataka RERA portal before booking.

Q: What is the possession date of Assetz Canvas And Cove Phase 2?

A: The tentative possession date is December 2028 , with Tower A leading the Phase 2 handover schedule.

Q: What is the price range of apartments at Canvas And Cove Phase 2?

A: A 3 BHK-2T apartment of 1,501 sq.ft. starts at ₹1.85 Crore, while a 4 BHK (3B+3T+Studio) of 2,337 sq.ft. is priced from ₹2.95 Crore onwards.

Q: Is Assetz Property Group a reliable builder?

A: Assetz has built two world-class IT tech parks in Bangalore — Vrindavan Tech Village (now Embassy Tech Village), India's first Platinum LEED certified IT SEZ, and Global Technology Park — and its residential portfolio includes ten projects across Bangalore. Track record on residential delivery is solid, though buyers should always verify the latest construction milestones.

Q: What is the nearest metro station to Assetz Canvas And Cove?

A: Basapura Road Metro Station is approximately 3 km away and Singasandra Metro Station is around 4 km , both on the under-construction Yellow Line connecting Begur to RV Road.

Q: Is Begur a good location for property investment?

A: Begur is one of the attractive locations to own a home in Bangalore South with promising social and physical infrastructure and an emerging neighbourhood. Investment returns are moderate; the area suits end-users more than pure investors.

Q: How far is the airport from Assetz Canvas And Cove?

A: The Bengaluru International Airport is approximately 48 km away from the project , taking around 75-90 minutes by road depending on traffic.

Q: What configurations are available in Phase 2?

A: Phase 2 offers spacious 3 BHK apartments ranging from 1,500 to 1,900 sq.ft. and 4 BHK apartments of around 2,250 sq.ft. , with Tower A configured as Ground + 28 floors.