HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
1,37,086 sq m
FAR sanctioned
0.463
Covered area
38,864 sq m
Open area
98,221 sq m

Timeline

Project startedJun 2017
RERA registeredJan 2019
Proposed completionJun 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

M/s.CHAITHANYA PROJECTS (P) LTD.,

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

Chaithanya SAMARTH

this project
Residential/Group Housing
Jun 2017started
Jun 2022target completion
₹483.00 Cr

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
Bengaluru East
District
Bengaluru Urban
Pincode
560066
Address
Mandur Village, Bidarahalli Hobli, , Bangalore East Taluk
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.9km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.1 kmPrimary road 86 m · Budigere RoadNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 191 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹483.00 Cr declared. What that works out to:

25%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

Local Planning Authority

Town & Country Planning (DTCP)
Building Permit

The promised possession date (21 Jun 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

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projects — about 1 in 6 in Karnataka.

a mixed market — 42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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

1 complaint 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.