HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
11,534 sq m
FAR sanctioned
14228
Covered area
19,896 sq m
Open area
7,751 sq m

Timeline

Project startedApr 2013
RERA registeredOct 2019
Proposed completionDec 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Astrum Value Homes Private Limited

PanipatBased in
2Projects
1City
2019–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
100 plotson the public record across 2 projects
11,534 sq mland declared
₹89.46 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
MYSORE
District
Coimbatore
Pincode
641012
Address
Bandipalya (Opp. APMC Yard), Nanjangud Road
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 93m away
Getting around
Expressway 79 mPrimary road 159 m · Ooty RoadRailway line 2.5 kmRailway station 2.7km away (Ashokapuram)Limited bus connectivity nearby
Water & environment
Canal 487 mWater body 679 m · Dalavayi Kere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹52.98 Cr declared. What that works out to:

21%of the cost is 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

Mysuru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 2019) 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

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.

The approving body, at scale

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projectsabout 1 in 20 in Karnataka.

a plotted-layout market14% apartments · 86% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% plots here vs 38% 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

34 complaints on RERA Karnataka’s register for this project 48 disposed.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.