HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
168 units
Unit mix
98 × 2 BHK · 50 × 2.5 BHK · 20 × 3 BHK
Towers
3
Floors
4
Land area
9,520 sq m
Built-up area
25,045 sq m
FAR sanctioned
1.75
Covered area
3,479 sq m
Open area
6,041 sq m
Land parcels
3 survey nos

Timeline

Project startedAug 2024
RERA registeredSep 2024
Proposed completionSep 2027
TodayJul 2026
Construction progress

90% overall, as filed

Finishing44%
External infra51%
Amenities53%
Internal infra65%
Super-structure75%
Common areas84%
Sub-structure100%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

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

168 units across 3 batches
TypeArea sq mCount
2.5 BHK8250
2 BHK7398
3 BHK8920

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

SHUBANKARA DEVELOPERS

Partnership FirmPromoter type
Bengaluru UrbanBased in
1Projects
1City
2024–presentActive
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 East
District
Bengaluru Urban
Pincode
560037
Address
SY.144,145,146,Ward No.85,JDTP-North Zone,Munnekolala , Varthur Hobli,Bengaluru East Taluk , Bengaluru East , Bengaluru Urban, Karnataka - 560037
North boundary
30 feet road; AECS layout
East boundary
Private Property
South boundary
Navajeevana Nilaya
West boundary
Sy No. 144
What’s nearby
Schools1 school within 500m · 13 educational institutions within 1km · College or university 1.6km away
HealthcareHospital 201m away · 14 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 284m away · 186+ restaurants and cafes within 1km
ShoppingSupermarket 229m away · Mall 511m away · Convenience store within 500m
Getting around
Expressway 1.1 kmPrimary road 449 m · Kundalahalli Main RoadRailway line 1.3 km · Bangalore-Salem railwayMetro station 2.0km away (Kundalahalli)3 bus stops within 500m
Water & environment
Water body 517 m
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹153.89 Cr declared to build 168 flats. What that works out to:

₹91.60 Lakhdeclared cost per flatall-in — land + construction
₹5,708/sq ftof built-up area₹61,445/sq m
51%of the cost is land₹7,705/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 2 Aug 2024 · 1 yr ago
Building Permit no. BBMP/Addl.Dir/JDNORTH/0058/22-23Survey no. 144
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/JDNORTH/0058/22-23 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.