HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
4
Land area
7,542 sq m
FAR sanctioned
2.5
Covered area
2,657 sq m
Open area
4,885 sq m
Garage area
1,952 sq m

Timeline

Project startedJan 2017
RERA registeredOct 2017
Proposed completionDec 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Banashree Shelters Pvt Ltd

Bengaluru UrbanBased in
2Projects
1City
2017–2020Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
15,084 sq mland declared
₹70.13 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
Anekal
District
Bengaluru Urban
Pincode
560016
Address
#112/1, SURAGAJAKKANAHALLI VILLEGE, JIGANI - ANEKAL MAIN ROAD, KASABA HOBLI, ANEKAL TALUK
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 30 mRailway line 4.5 km · Bangalore-SalemNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 2.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹36.13 Cr declared. What that works out to:

11%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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Building Permit

The promised possession date (1 Dec 2020) 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

BMRDA

Urban Development Authority · Bangalore Metropolitan Region Development Authority

Has approved 550 RERA projectsabout 1 in 16 in Karnataka.

a mixed market46% apartments · 54% plotted layouts.

Builders
441
On record
16,246 flats · 16,792 plots
Reach
14 taluks
Since
2017

More layout-heavy than Karnataka overall — 54% 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

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.