HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
835 sq m
FAR sanctioned
2.25
Covered area
465 sq m
Open area
370 sq m

Timeline

Project startedFeb 2021
RERA registeredMar 2021
Proposed completionJan 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

ALLEGRO MAHABALESHWARA VENTURES LLP

Bengaluru UrbanBased in
3Projects
3Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
113 homeson the public record across 3 projects
22,836 sq mbuilt-up filed
5,921 sq mland declared
₹85.17 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporationthis project2 of 3 projects
BDA - Bangalore Development AuthorityUrban Development Authority1 of 3 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Yelahanka
District
Bengaluru Urban
Pincode
560008
Address
C-29, SURVEY NO: 37, RAMANASHREE CALIFORNIA GARDENS LAYOUT, PUTTENAHALLI VILLAGE, ANANTHAPUR ROAD, YELAHANKA HOBLI, BANGALORE
What’s nearby
SchoolsNearest school 1.2km away · College or university 1.9km away
HealthcareHospital 1.1km away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · 9 restaurants and cafes within 1km
ShoppingSupermarket 413m away · Mall 1.0km away · Bank 944m away
Getting around
Expressway 2.9 km · Bellary RoadPrimary road 432 m · Doddaballapur RoadRailway line 698 mRailway station 2.1km away (Yelahanka Junction)4 bus stops within 500m
Price analysisdeclared build cost — not a sale price

₹8.82 Cr declared. What that works out to:

53%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (31 Jan 2024) 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

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projectsabout 1 in 4 in Karnataka, more than any other body in the state.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

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.

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.