HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
392 units
Unit mix
392 × 3 BHK
Towers
7
Floors
14
Land area
32,577 sq m
Built-up area
99,580 sq m
FAR sanctioned
2.249
Covered area
5,304 sq m
Open area
27,273 sq m
Land parcels
5 survey nos

Timeline

Project startedFeb 2024
RERA registeredMar 2024
Proposed completionDec 2028
TodayJul 2026
Construction progress

50% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas0%
Super-structure23%
Sub-structure95%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

392 units across 1 batch
TypeArea sq mCount
3 BHK121392

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

MODERN SPAACES VENTURES

Partnership FirmPromoter type
Bengaluru UrbanBased in
6Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
392 homes · 267 plotson the public record across 6 projects
99,580 sq mbuilt-up filed
62,244 sq mland declared
₹627.64 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
Anekal
District
Bengaluru Urban
Pincode
562125
Address
Sy No 38/1, 38/2, 38/3, 38/4 and 42/2 Khata No: 150200100100923088(2903/38/1 38/2 38/3 38/4 42/2) of Kadaagrahara Village , Sarjapur Hobli, Anekal Taluk , Anekal , Bengaluru Urban, Karnataka - 562125
North boundary
Road
East boundary
Sy no 42/3, 43 and 47
South boundary
Nala
West boundary
Sy No 39 and 42/1
What’s nearby
SchoolsNo schools within 2km · Library 1.1km away
HealthcareHospital 1.1km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.8 km · Dabaspete - Hosur HighwayPrimary road 1.1 km · Sarjapura RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.4 km · Sompura Lake
distances only — not a flood assessment
Land, title & encumbrance
LandOwned + joint development (JDA)
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹355.80 Cr declared to build 392 flats. What that works out to:

₹90.77 Lakhdeclared cost per flatall-in — land + construction
₹3,319/sq ftof built-up area₹35,730/sq m
22%of the cost is land₹2,230/sq ft of 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)
approved 18 Jan 2024 · 2 yrs ago
Building Permit no. AYP/CC/1100/2023-24Survey no. 38/1
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.

Verify it yourself — look up plan AYP/CC/1100/2023-24 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% 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

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.