HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
6,346 sq m
FAR sanctioned
3150.28
Covered area
1,915 sq m
Open area
4,431 sq m
Garage area
276 sq m

Timeline

Project startedJul 2019
RERA registeredOct 2019
Proposed completionNov 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Lakepoint Builders Private Limited

Mumbai CityBased in
6Projects
1City
2018–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
6 projectson the public record across 6 projects
10,320 sq mplotted area
39,698 sq mland declared
₹159.90 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.

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
Devanahalli
District
Bengaluru Urban
Pincode
560032
Address
SY. NO. 38, 39 of village Upparahalli, Taluka Devanahalli
What’s nearby
Schools2 schools within 500m · 11 educational institutions within 1km · College or university 838m away
HealthcareHospital 51m away · 8 clinics within 1km · Pharmacy within 500m
LifestylePark 2.0km away · Gym or sports centre 261m away · 144+ restaurants and cafes within 1km
ShoppingSupermarket 282m away · Mall 840m away · Convenience store within 500m
Getting around
Expressway 3.1 km · BGS FlyoverPrimary road 141 m · Victoria RoadRailway line 3.0 kmMetro station 1.0km away (Trinity)10 bus stops within 500m
Water & environment
Water body 288 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹22.34 Cr declared. What that works out to:

12%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

BIAPPA - Bangalore Airport Area Planning Authority

Urban Development Authority
Building Permit

The promised possession date (30 Nov 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

BIAPPA

Urban Development Authority · Bangalore Airport Area Planning Authority

Has approved 328 RERA projects3.8% of Karnataka.

a plotted-layout market30% apartments · 70% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
236
On record
20,448 flats · 19,692 plots
Reach
8 taluks
Since
2017

More layout-heavy than Karnataka overall — 70% 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

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

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.