HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
2,21,967 sq m
Covered area
1,12,501 sq m
Open area
29,559 sq m

Timeline

Project startedNov 2018
RERA registeredNov 2018
Proposed completionOct 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Sai Srushti Onehub Projects LLP

Bengaluru UrbanBased in
1Projects
1City
2018–2021Active
Timelineevery project, start → promised completion
Godrej Reserve Phase 2

Godrej Reserve Phase 2

this project
Plotted Development
Nov 2018started
Oct 2021target completion
2,21,967 sq m₹253.96 Cr

The only project Horizon has read from this promoter 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
Devanahalli
District
Bengaluru Urban
Pincode
560041
Address
Lakshmipura Village Kasaba Hobli, Devanahalli Taluk
What’s nearby
SchoolsNearest school 1.9km away
HealthcareHospital 1.3km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 969 m · Bannerghatta RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 528 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹253.96 Cr declared. What that works out to:

₹1,063/sq ftof plotted area₹11,441/sq m
31%of the cost is land₹325/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)
Layout Permit

The promised possession date (31 Oct 2021) 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

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projects — about 1 in 6 in Karnataka.

a mixed market — 42% 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

4 complaints on RERA Karnataka’s register for this project — 4 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.