The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Bengaluru South
District
Bengaluru Urban
Pincode
560098
Address
SY.NO.38 AND 49 , SY NO.38 AND 49, CHANASANDRA , Bengaluru South , Bengaluru Urban, Karnataka - 560098
What’s nearby
SchoolsNearest school 1.8km away · 3 educational institutions within 1km · College or university 340m away
HealthcareHospital 1.2km away · Clinic within 2km
LifestyleNo parks within 2km · 3 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 840m away · Bank 366m away
Getting around
Expressway 3.1 km · Mysore RoadPrimary road 3.9 km · Kengeri Main RoadRailway line 3.2 km · Mysuru–Bengaluru lineMetro station 3.1km away (Pattanagere)8 bus stops within 500m
Water & environment
Water body 476 m
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
MortgageNone declared on the project / land
As declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price
₹21.17 Cr declared to build 72 plots. What that works out to:
₹29.41 Lakhdeclared cost per plotall-in — land + construction
68%of the cost is land
This is what the builder filed it costs to build — land plus construction, at registration — not a sale price. The gap to an asking price is their margin, taxes and anything the filing doesn’t carry.
Location & price analysis — done
04
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes
In Karnataka it’s called the guidance value.
₹37,626per sq yd
₹45,000per sq m
Which rate
site (guidance value)
Matched to
The rate published for “Channasandra”.
In force
effective Oct 2023
What this number is — and isn’t
The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
The promised possession date (30 Nov 2023) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
The occupancy certificate — the proof that isn’t here
An approved plan is the government’s approval to build. It is not proof the project was built to that plan. That sign-off is the Occupancy Certificate (OC) — issued by the planning authority, the same body that approved the plan, not by RERA— and it isn’t in this record. Ask the builder for it, or check with the authority. Without an OC, banks may decline home loans, and any deviation from the approved plan carries penalty or demolition risk.
Verify it yourself — look up plan BDA/TPM/PRL/32/2021-22/271/2022-23 on the approving authority’s portal to confirm the approval.
The approving body, at scale
BDA
Urban Development Authority · Bangalore Development Authority
Has approved 830 RERA projects — about 1 in 11 in Karnataka.
an apartments market — 73% apartments · 27% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.
Builders
626
On record
82,843 flats · 16,515 plots
Reach
13 taluks
Since
2017
More apartment-heavy than Karnataka overall — 73% apartments here vs 62% statewide.
Volume and mix are context, not a verdict — a busier body isn’t a safer project. And this counts RERA-registered projects on Horizon’s record, not all construction.
None on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka
Litigation
Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
126 plotted projects still under way within 25 km. Step out ring by ring:
Of the 290 projects the radar draws within 6 km — every kind, every stage — 4 are plotted projects still under way. This list keeps only those, and looks further out.