HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
33,516 sq m
FAR sanctioned
3.25
Covered area
11,926 sq m
Open area
21,590 sq m
Garage area
21,959 sq m

Timeline

Project startedFeb 2017
RERA registeredSep 2017
Proposed completionFeb 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

M/s.Gulam Mustafa Enterprises Pvt Ltd

Bengaluru UrbanBased in
2Projects
1City
2017–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
66,920 sq mland declared
₹1441.22 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
560078
Address
Electronic city , thirupalya Village, Jigani Hobli
What’s nearby
SchoolsNo schools within 2km · Library 1.8km away
HealthcareHospital 1.2km away · 3 clinics within 1km
LifestylePark 802m away
ShoppingSupermarket 948m away
Getting around
Expressway 1.6 km · Hosur RoadRailway line 4.7 kmMetro station 1.5km away (Biocon Hebbagodi)Bus stop within 1km
Water & environment
Water body 714 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹743.44 Cr declared. What that works out to:

44%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

KIADB - Karnataka Industrial Areas Development Board

Building Permit

The promised possession date (18 Feb 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

KIADB

Planning authority · Karnataka Industrial Areas Development Board

Has approved 52 RERA projects0.6% of Karnataka.

an apartments market98% apartments · 2% plotted layouts. Apartments like yours are this body's core business.

Builders
32
On record
17,489 flats · 0 plots
Reach
8 taluks
Since
2017

More apartment-heavy than Karnataka overall — 98% 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

64 complaints on RERA Karnataka’s register for this project 110 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.