HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
4,755 sq m
FAR sanctioned
2.25
Covered area
2,174 sq m
Open area
3,088 sq m

Timeline

Project startedDec 2018
RERA registeredJul 2019
Proposed completionApr 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Icon costructions

Bengaluru UrbanBased in
1Projects
1City
2019–2022Active
Timelineevery project, start → promised completion
ICON SN LUXURI

ICON SN LUXURI

this project
Residential/Group Housing
Dec 2018started
Apr 2022target completion
₹41.00 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
Bengaluru East
District
Bengaluru Urban
Pincode
560077
Address
Khatha No.60, Sy.No.137/2, Bileshivalli Village,, BIDARAHALLI HOBLI, HOODI SUB DIVISION, MAHADEVAPURA ZONE, WARD NO.54
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.3km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.4 kmPrimary road 3.0 km · Budigere RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 1.4 km · Bidarahalli Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹41.00 Cr declared. What that works out to:

46%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (21 Apr 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

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projects — about 1 in 4 in Karnataka, more than any other body in the state.

an apartments market — 100% 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.