Every plot the builder registered. Look yours up and check it is on the record.
UnitType
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Areas are not shown for this project. The sizes filed against these plots are not credible — units recorded as 2 and 3 BHK are filed at sizes no plot is, which usually means square feet were entered in a column the register labels square metres. Publishing those as the registered carpet area would be worse than publishing nothing. The plot numbers and types above are the register’s.
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
Devanahalli
District
Bengaluru Urban
Pincode
560003
Address
Sy no 156/1,156/4,229/1 &229/3, Bidalur village, Kasaba Hobli
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 210 mRailway line 822 mRailway station 2.3km away (Gollahalli)Bus stop within 500m
Water & environment
Water body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹25.40 Cr declared to build 213 plots. What that works out to:
₹11.92 Lakhdeclared cost per plotall-in — land + construction
₹426/sq ftof plotted area₹4,581/sq m
43%of the cost is land₹183/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 Department of Stamps & Registration — 2023-24 guidance-value gazettes
In Karnataka it’s called the guidance value.
₹9,197per sq yd
₹11,000per sq m
Which rate
site (guidance value)
Matched to
The rate published for the village of “BIDALURU”.
In force
effective Oct 2023
Spread
₹4,181 – ₹9,197 per sq yd across the places it was taken over
This filing declares ₹4,581 per sq m of plotted area — 0.42× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RERA Karnataka · Approved building plan
BMRDA - Bangalore Metropolitan Region Development Authority
Urban Development Authority
Layout Permit
The promised possession date (30 Nov 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
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
BMRDA
Urban Development Authority · Bangalore Metropolitan Region Development Authority
Has approved 550 RERA projects — about 1 in 16 in Karnataka.
a mixed market — 46% 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.