HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
24,584 sq m
Covered area
10,250 sq m
Open area
14,333 sq m

Timeline

Project startedApr 2019
RERA registeredJan 2020
Proposed completionApr 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Smaya Builders and Developers

Bengaluru UrbanBased in
1Projects
1City
2020–2021Active
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
Address
Sy No 119 and 120 Rayasandra Village, Sarjapura Hobli, Anekal Taluk, Bangalore Urban District
What’s nearby
SchoolsNo schools within 2km · Library 1.4km away
HealthcareHospital 1.2km away · 1 clinic within 1km · Pharmacy within 500m
LifestylePark 1.5km away · 15+ restaurants and cafes within 1km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Convenience store within 500m · Bank 586m away
Getting around
Expressway 3.7 km · Dabaspete - Hosur HighwayPrimary road 15 m · Sarjapura RoadNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 204 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹21.25 Cr declared. What that works out to:

₹803/sq ftof plotted area₹8,644/sq m
74%of the cost is land₹595/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

BDA - Bangalore Development Authority

Urban Development Authority
Layout Permit

The promised possession date (8 Apr 2021) 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

BDA

Urban Development Authority · Bangalore Development Authority

Has approved 830 RERA projectsabout 1 in 11 in Karnataka.

an apartments market73% apartments · 27% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.

Builders
626
On record
82,843 flats · 16,515 plots
Reach
13 taluks
Since
2017

More apartment-heavy than Karnataka overall — 73% 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

1 complaint on RERA Karnataka’s register for this project 0 disposed, 1 still open.

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.