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GM PALAZZO

PRM/KA/RERA/1251/309/PR/160623/005991 · RERA Karnataka · https://gethorizon.in/projects/gm-palazzo-bengaluru-north-6vh7kjvg

01

Complete project overview

RERA Karnataka · Registration filing
Project name
GM PALAZZO
Units
14 units
Unit mix
14 × 3BHK
Towers
1
Floors
3
Land area
1,543 sq m
Built-up area
4,068 sq m
FAR sanctioned
1.75
Covered area
728 sq m
Open area
815 sq m
Garage area
923 sq m
Land parcels
1 survey no

Timeline

Project startedFeb 2023
RERA registeredJun 2023
Proposed completionMar 2028
TodaySep 2026

Find your flat

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
1Ground Floor3 BHK183.81122.77140.83
2Ground Floor3 BHK183.92122.66140.83
3Ground Floor3 BHK124.3884.6596.02
4Ground Floor3 BHK124.3884.6596.02
11st Floor3 BHK183.81122.77140.83
31st Floor3 BHK124.3884.6596.02
41st Floor3 BHK124.3884.6596.02
12nd Floor3 BHK183.81122.77140.83
22nd Floor3 BHK183.92122.66140.83
32nd Floor3 BHK124.3884.6596.02
42nd Floor3 BHK124.3884.6596.02
13rd Floor3 BHK183.81122.77140.83
33rd Floor3 BHK124.3884.6596.02
43rd Floor3 BHK124.3884.6596.02

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

02

Builder’s track record

RERA Karnataka · Builder registration

GULAM MUSTAFA

Other ( Individual )Promoter type
Bengaluru Urban, NOBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Bengaluru North
District
Bengaluru Urban
Pincode
560025
Address
New Municipal, ALBERT STREET , RICHMOND TOWN , Bengaluru North , Bengaluru Urban, Karnataka - 560025
North boundary
Albert Street
East boundary
Private Property #2, Albert Street,
South boundary
No.11, King street, No.8 Albert street
West boundary
Private Property #5, Albert Street,
What’s nearby
Schools5 schools within 500m · 14 educational institutions within 1km · College or university 216m away
HealthcareHospital 512m away · 8 clinics within 1km · Pharmacy within 500m
LifestylePark 1.4km away · Gym or sports centre 128m away · 291+ restaurants and cafes within 1km
ShoppingSupermarket 142m away · Mall 991m away · Convenience store within 1km
Getting around
Expressway 2.4 km · BGS FlyoverPrimary road 151 m · Richmond RoadRailway line 2.8 kmMetro station 950m away (Mahatma Gandhi Road)11 bus stops within 500m
Land, title & encumbrance
LandOwned by the promoter
ConversionOne or more surveys not converted to non-agricultural
MortgageNone declared on the project / land
As declared by the builder 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

₹48.50 Cr declared to build 14 flats. What that works out to:

₹3.46 Crdeclared cost per flatall-in — land + construction
₹11,075/sq ftof built-up area₹1,19,212/sq m
64%of the cost is land₹18,566/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.

04

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
approved 9 Feb 2023 · 3 yrs ago
Building Permit no. BBMP/Ad.com/EST/1277/22-23Survey no. new municipal no.3, pid no.76-26-3,old amalgamated corporation no. 3,4,4/1,4/2 and 4/3 bbmp ward no.76 , new ward no 111 shanthala nagara, albert street, richmond town
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.

Verify it yourself — look up plan BBMP/Ad.com/EST/1277/22-23 on the approving authority’s portal to confirm the approval.

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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

1,058 residential projects still under way within 25 km. Step out ring by ring:

Of the 481 projects the radar draws within 6 km — every kind, every stage — 69 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

670 m awayApartment

11 CAMPBELL KRISHVI

KRISHVI PROJECTS PRIVATE LIMITED · Bengaluru North

Jun 2023started
Dec 2026target completion
Declared cost₹15.00 CrScale11 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.