HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
18,208 sq m
Covered area
9,801 sq m
Open area
8,407 sq m

Timeline

Project startedJul 2019
RERA registeredFeb 2020
Proposed completionJul 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Sanjay Balumal

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–2022Active
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
Kolar
District
Bengaluru Urban
Pincode
560001
Address
Sy No. 142/1 and 142/2, Thornahalli Village Kasaba Hobli,Malur Taluk, Malur Taluk, Kolar District
What’s nearby
Schools2 schools within 1km · 7 educational institutions within 1km · College or university 365m away
HealthcareHospital 585m away · 8 clinics within 1km · Pharmacy within 500m
Lifestyle1 park within 500m · Gym or sports centre 301m away · 260+ restaurants and cafes within 1km
ShoppingSupermarket 280m away · Mall 717m away · Convenience store within 500m
Getting around
Expressway 2.3 km · BGS FlyoverPrimary road 401 m · Cubbon RoadRailway line 1.7 kmMetro station 519m away (Cubbon Park)14 bus stops within 500m
Water & environment
Water body 310 m · Lotus Pond
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹8.25 Cr declared. What that works out to:

₹421/sq ftof plotted area₹4,531/sq m
82%of the cost is land₹344/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

Kolar Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (8 Jul 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

Kolar Urban Development Authority

Urban Development Authority

Has approved 57 RERA projects0.7% of Karnataka.

a plotted-layout market4% apartments · 96% plotted layouts. Your plotted layout is this body's core business.

Builders
47
On record
0 flats · 5,297 plots
Reach
6 taluks
Since
2017

More layout-heavy than Karnataka overall — 96% 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.