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.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Bengaluru North
District
Bengaluru Urban
Address
Govindpura, NITTE Meenakshi College Road, Near Yelahanka Airforce Base, Yelahanka Hubli, Bengaluru
What’s nearby
Schools2 schools within 1km · 10 educational institutions within 1km · College or university 80m away
HealthcareHospital 90m away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 17+ restaurants and cafes within 1km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Bank 45m away · ATM within 500m
Getting around
Expressway 2.1 km · Karwar RoadPrimary road 11 m · Pune Bangalore RoadRailway line 594 mRailway station 1.1km away (Unkal)2 bus stops within 500m
Water & environment
Water body 1.9 km · Santhosh Nagar Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹507.89 Cr declared to build 246 plots. What that works out to:
₹2.06 Crdeclared cost per plotall-in — land + construction
₹2,408/sq ftof plotted area₹25,918/sq m
66%of the cost is land₹1,579/sq ft of 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.
Location & price analysis — done
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.
Government Guidance Rate — done
05
Planning authority
RERA Karnataka · Approved building plan
BBMP - Bruhat Bengaluru Mahanagara Palike
Municipal / Corporation
Layout Permit
The promised possession date (30 Jun 2018) 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.
The approving body, at scale
BBMP
Municipal Corporation · Bruhat Bengaluru Mahanagara Palike
Has approved 2,111 RERA projects — about 1 in 4 in Karnataka, more than any other body in the state.
an apartments market — 100% apartments · 0% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.
Builders
1,619
On record
1,14,417 flats · 373 plots
Reach
9 taluks
Since
2017
More apartment-heavy than Karnataka overall — 100% 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.