HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
358 units
Unit mix
214 × 3 BHK · 72 × 2 BHK · 72 × Studio
Towers
2
Floors
18
Land area
23,598 sq m
Built-up area
54,843 sq m
FAR sanctioned
3.24
Covered area
2,886 sq m
Open area
20,712 sq m

Timeline

RERA registeredMar 2024
Project startedApr 2024
Proposed completionSep 2028
TodayJul 2026
Construction progress

69% overall, as filed

Finishing0%
Amenities0%
Common areas0%
External infra5%
Super-structure11%
Internal infra14%
Sub-structure80%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

358 units across 3 batches
TypeArea sq mCount
2 BHK9372
Studio1672
3 BHK107214

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

NETRA SOFTWARE TECHNOLOGIES PRIVATE LIMITED

CompanyPromoter type
Bengaluru UrbanBased in
2Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
992 homeson the public record across 2 projects
1,37,158 sq mbuilt-up filed
33,515 sq mland declared
₹571.84 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Bengaluru North
District
Bengaluru Urban
Pincode
562149
Address
PLOT Nos. R-9-D1, R-9-D2, R-9-D1-P & R-9-D2-P OF HITECH, DEFENCE & AEROSPACE PARK, (HARDWARE SECTOR) COMPRISED IN SURVEY Nos. 176, 177, 470, 471 OF , BAGALUR VILLAGE AND SURVEY NO. 176 & 82 OF HOOVINAYAKANAHALLI VILLAGE, JALA HOBLI , Bengaluru North , Bengaluru Urban, Karnataka - 562149
North boundary
Plot No R-4-Part - C & Plot No R-4-Part - C1 and Road (32M wide road)
East boundary
Plot No R-9-A
South boundary
Plot No. R-9-D3 & Private Property
West boundary
Proposed ring road and Private property
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.0km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 1.5km away
Getting around
Primary road 614 mRailway line 5.0 kmNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 722 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹263.89 Cr declared to build 358 flats. What that works out to:

₹73.71 Lakhdeclared cost per flatall-in — land + construction
₹4,470/sq ftof built-up area₹48,117/sq m
14%of the cost is land₹1,486/sq ft of land

This is what the promoter 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.

04

Planning authority

RERA Karnataka · Approved building plan

KIADB - Karnataka Industrial Areas Development Board

approved 15 Feb 2024 · 2 yrs ago
Building Permit no. DO3-KIADB-00018/23-24/BP
The occupancy certificate — the proof that isn’t here

A sanctioned 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 sanctioned plan carries penalty or demolition risk.

Verify it yourself — look up plan DO3-KIADB-00018/23-24/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

KIADB

Planning authority · Karnataka Industrial Areas Development Board

Has approved 52 RERA projects0.6% of Karnataka.

an apartments market98% apartments · 2% plotted layouts. Apartments like yours are this body's core business.

Builders
32
On record
17,489 flats · 0 plots
Reach
8 taluks
Since
2017

More apartment-heavy than Karnataka overall — 98% 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.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

What this record cannot tell you

  • Build quality — no filing records how well it was actually built.
  • Private disputes — only complaints escalated to the authority appear here.
  • What it will be worth — the record is the past; it does not price the future.