HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
39 units
Unit mix
39 × Residential Appartments
Towers
1
Floors
13
Land area
3,193 sq m
Built-up area
22,046 sq m
FAR sanctioned
9113.13
Covered area
734 sq m
Open area
2,459 sq m

Timeline

Project startedNov 2019
RERA registeredFeb 2023
Proposed completionDec 2024
TodayJul 2026

Find your flat

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

39 units across 1 batch
TypeArea sq mCount
Residential Appartments20139

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

Pelagsus Infrastructures Pvt Ltd

CompanyPromoter type
Bengaluru UrbanBased in
1Projects
1City
2023–2024Active
Timelineevery project, start → promised completion

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
Bengaluru South
District
Bengaluru Urban
Pincode
560034
Address
Survey No-20/5 Near silk Board Junction (Bus Stand) , Outer Ring Road , Bengaluru South , Bengaluru Urban, Karnataka - 560034
North boundary
Property of KSRP Land
East boundary
Remaining extent of Sy No:19/1 & 27/3
South boundary
Remaining land in Sy No: 20/5
West boundary
Vacant BDA ssite
What’s nearby
Schools1 school within 500m · 16 educational institutions within 1km · College or university 275m away
HealthcareHospital 298m away · 6 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 732m away · 33+ restaurants and cafes within 1km
ShoppingSupermarket 564m away · Mall 557m away · Convenience store within 500m
Getting around
Expressway 4 mPrimary road 116 m · Ramp AMetro station 154m away (Central Silk Board)18 bus stops within 500m
Water & environment
Water body 81 m
distances only — not a flood assessment
Land, title & encumbrance
MortgageDeclared — ₹42.50 Cr on the project / land
BorrowingProject borrowing declared
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

₹86.70 Cr declared to build 39 flats. What that works out to:

₹2.22 Crdeclared cost per flatall-in — land + construction
₹3,654/sq ftof built-up area₹39,327/sq m
9%of the cost is land₹2,357/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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
approved 26 Nov 2019 · 6 yrs ago
Building Permit no. BBMP/Addl Dir/ JD Souuth/LP0039/18-19

The promised possession date (31 Dec 2024) 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.

Verify it yourself — look up plan BBMP/Addl Dir/ JD Souuth/LP0039/18-19 on the approving authority’s portal to confirm the sanction.

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.

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.