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BANYAN TREE

PRM/KA/RERA/1251/310/PR/110926/008939 · RERA Karnataka · https://gethorizon.in/projects/banyan-tree-bengaluru-south-sorm5yn9

01

Complete project overview

RERA Karnataka · Registration filing
Plots
96 plots
Land parcels
2 survey nos

Timeline

Project startedAug 2024
Proposed completionAug 2025
RERA registeredSep 2026
TodaySep 2026

Find your plot

Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeTotal sq m
1Plot111.42
2Plot111.42
3Plot111.42
4Plot111.42
5Plot111.42
6Plot153.44
7Plot158.69
8Plot139.29
9Plot139.29
10Plot139.29
11Plot139.29
12Plot139.29
13Plot139.29
14Plot139.29
15Plot139.29
16Plot139.29
17Plot139.29
18Plot139.29
19Plot153.55
20Plot144.91
21Plot111.42
22Plot111.42
23Plot111.42
24Plot111.42
25Plot111.42
26Plot111.42
27Plot111.42
28Plot111.42
29Plot111.42
30Plot111.42
31Plot198.84
32Plot141.31
33Plot111.42
34Plot111.42
35Plot111.42
36Plot111.42
37Plot111.42
38Plot111.42
39Plot111.42
40Plot111.42
41Plot111.42
42Plot111.42
43Plot111.42
44Plot71.14
45Plot92.80
46Plot111.42
47Plot111.42
48Plot111.42
49Plot111.42
50Plot111.42
51Plot111.42
52Plot111.42
53Plot111.42
54Plot111.42
55Plot111.42
56Plot111.42
57Plot108.22
58Plot162.10
59Plot111.42
60Plot111.42
61Plot111.42
62Plot111.42
63Plot111.42
64Plot111.42
65Plot111.42
66Plot111.42
67Plot111.42
68Plot111.42
69Plot130.45
70Plot152.11
71Plot111.42
72Plot111.42
73Plot111.42
74Plot111.42
75Plot111.42
76Plot111.42
77Plot111.42
78Plot111.42
79Plot111.42
80Plot111.42
81Plot129.01
82Plot100.53
83Plot116.16
84Plot131.79
85Plot147.42
86Plot163.05
87Plot373.24
88Plot222.96
89Plot222.96
90Plot222.96
91Plot222.96
92Plot222.96
93Plot222.96
94Plot222.96
95Plot222.96
96Plot276.20

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Karnataka · Builder registration

VENKATESH P SARATHY

Other ( Land Owner )Promoter type
Bengaluru RuralBased in
1Projects
1City
2026–presentActive
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Bengaluru South
District
Bengaluru Urban
Pincode
562130
Address
SY NO. 132/2 and 132/3 OF TAVAREKERE VILLAGE , TAVAREKERE HOBLI, BANGALORE SOUTH TALUK , Bengaluru South , Bengaluru Urban, Karnataka - 562130
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 175 m · Magadi RoadNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 312 mRiver 2.6 km · Arkavati
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
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

₹54.16 Cr declared to build 96 plots. What that works out to:

₹56.42 Lakhdeclared cost per plotall-in — land + construction
91%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.

04

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

Magadi Planning Authority

Town & Country Planning (DTCP)
approved 14 Aug 2024 · 2 yrs ago
Layout Permit no. MPA/LAO/08/2023-24Survey no. 132/2

The promised possession date (19 Aug 2025) 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 MPA/LAO/08/2023-24 on the approving authority’s portal to confirm the approval.

The approving body, at scale

Magadi Planning Authority

Town & Country Planning

Has approved 8 RERA projects0.1% of Karnataka.

a plotted-layout market13% apartments · 87% plotted layouts. Your plotted layout is this body's core business.

Builders
7
On record
180 flats · 688 plots
Reach
2 taluks
Since
2023

More layout-heavy than Karnataka overall — 87% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

80 plotted projects still under way within 25 km. Step out ring by ring:

Of the 20 projects the radar draws within 6 km — every kind, every stage — 7 are plotted projects still under way. This list keeps only those, and looks further out.

1 project between 1 and 3 km — showing the nearest 1.

2.3 km awayPlotted Development

Rashi Vistara Phase -2

Rashi Developers · Bengaluru South

Nov 2024started
Dec 2026target completion
Declared cost₹16.42 CrScale73 plotsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.