HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
1,29,093 sq m
Covered area
600 sq m
Open area
12,916 sq m

Timeline

Project startedMar 2019
RERA registeredJul 2019
Proposed completionMar 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Excel Dwellings Luxury Properties Pvt Ltd

Bengaluru UrbanBased in
1Projects
1City
2019–2022Active
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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
Maluru
District
Bengaluru Urban
Pincode
560003
Address
Sy. No. 74/2, 75/2, 76 & 77/1 at Anchemuskuru village and Sy. No. 192/1, 195/1, 196/1 , 197/2, 197/3, 197/4, 197/5, 199/1, 199/2, 199/3, 199/4, 199/5 & 200 at Chikkathirupathi Village, Lakkuru Hobli, malur Taluk
Price analysisdeclared build cost — not a sale price

₹44.55 Cr declared. What that works out to:

₹321/sq ftof plotted area₹3,451/sq m
59%of the cost is land₹190/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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Layout Permit

The promised possession date (28 Mar 2022) 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

2 complaints on RERA Karnataka’s register for this project 2 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.