HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
55,493 sq m
Covered area
30,509 sq m
Open area
24,882 sq m

Timeline

Project startedMar 2013
Proposed completionDec 2018
RERA registeredMay 2024
TodayJul 2026
Construction progress

15% overall, as filed

Common areas0%
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.
02

Builder’s track record

RERA Karnataka · Promoter registration

IINSPIRA SPRINGDALE PRIVATE LIMITED

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
Anekal
District
Bengaluru Urban
Pincode
560038
Address
Sy No. 7/1,8,102/1,107,106,12/1,5,6, Ittangur Road,, Sarjapur Village, Sarjapur Hobli, Anekal Taluk.
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.3km away · 2 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · 6 restaurants and cafes within 1km
ShoppingSupermarket 655m away · Bank 647m away
Getting around
Expressway 843 m · Dabaspete - Hosur HighwayPrimary road 786 mNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 374 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹20.00 Cr declared. What that works out to:

₹335/sq ftof plotted area₹3,604/sq m
6%of the cost is land₹20/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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Dec 2018) 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

BMRDA

Urban Development Authority · Bangalore Metropolitan Region Development Authority

Has approved 550 RERA projectsabout 1 in 16 in Karnataka.

a mixed market46% apartments · 54% plotted layouts.

Builders
441
On record
16,246 flats · 16,792 plots
Reach
14 taluks
Since
2017

More layout-heavy than Karnataka overall — 54% 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

2 complaints on RERA Karnataka’s register for this project 2 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.