Assetz villament, plot or apartment: which format suits you?

Choose an Assetz apartment if you want a managed community with a clubhouse and everything on one floor. Choose a villament if you want the space and privacy of a house, with your own floors and a garden or terrace, in a small community. Choose a plot if you want to own land and build when you are ready. In the current Assetz range, apartments start at ₹1.49 Cr, the only villament project starts at ₹2.85 Cr, and plots start at ₹78 lakh.

Most developers do one thing. Assetz does three: towers of apartments, low rise villaments and plotted developments. The right one depends less on budget than on how you want to live.

Villament, plot or apartment at a glance

* Developer's starting prices, before stamp duty and registration. Carpet efficiency from the developer's floor plates at Mizumi Reserve and Mizu & Ki.

Apartments

A managed community with a clubhouse, security and maintenance handled for you. Assetz apartments lean towards large open spaces and deep balconies. Mizumi Reserve sits by two lakes at Kudlu, with about 77% open space and terrace balconies up to 170 sq.ft. Zen & Sato in Yelahanka has terrace balconies of about 13' × 16'. At the small end, 66 & Shibui in Whitefield has just 96 homes of 3,015 sq.ft.

The trade off is shared space. In a tower, about a quarter of what you pay for is corridor, lift core and lobby rather than your own floor.

Villaments

A home spread over its own floors in a low rise block, with its own entrance and a garden or terrace. You get more carpet area per rupee (around 80% efficiency against roughly 75% in a tower) and far fewer neighbours. Mizu & Ki has 188 homes off Hennur Road, four to a block, with private use gardens of about 568 sq.ft. on the Type 01 layout and terraces up to 26'9" × 8'10".

The trade off is stairs. A Type 01 home runs from a basement to a second floor, so ask about lift access if older parents will live with you.

Plots

Land you own outright, in a gated layout with roads, utilities and a clubhouse, on which you build when you are ready. The Secret Lake (from ₹78 lakh, 1,200 to 2,400 sq.ft.) and City of Palms (from ₹1.20 Cr, 1,199 to 1,798 sq.ft.) are near the airport at Devanahalli; we compare them in The Secret Lake vs City of Palms. 18 & Oak offers golf villa plots of 5,000 to 16,000 sq.ft. around an 18 hole course on the Sarjapur to Attibele road, and the Melodies of Life plots are off Hosa Road.

The trade off is time and money after the purchase. You still have to design, approve and build the house, and a plot loan does not work like a home loan.

A worked example at about ₹3 crore

For about ₹3 Cr, the choice is real. A 4 BHK at Mizumi Reserve comes to ₹3.39 Cr all in on the developer's cost sheet, with 1,869 sq.ft. of carpet including balcony. A Type 01 villament at Mizu & Ki starts from ₹2.85 Cr*, with 2,463 sq.ft. of carpet and a garden. The villament figure is a starting price, not a cost sheet, so compare the unit wise sheets before deciding. Even so, the villament offers about 600 sq.ft. more floor you can use. The apartment offers a lake, a metro station about 1 km away and a far bigger clubhouse.

Every project by format

How to choose

• Want it all managed? An apartment.
• Want the feel of an independent home without a villa's upkeep? A villament.
• Want land, and time to build? A plot, but check that your loan covers it.

What to check for each format

• Apartment: the phasing plan, the RERA completion date and which tower faces yours.
• Villament: lift access, who maintains a private garden, and the unit wise price sheet.
• Plot: the approving authority (BIAPPA, DTCP or BDA in this range), the khata, and what your bank will lend for the land and for the build.

To see every Assetz project sorted by starting price, read every Assetz project in Bengaluru by price.