HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
8,094 sq m
Covered area
4,083 sq m
Open area
4,011 sq m

Timeline

Project startedMay 2019
RERA registeredOct 2019
Proposed completionApr 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Niranjan Kumar Reddy

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2019–2021Active
Timelineevery project, start → promised completion
JR Greenwich Phase III

JR Greenwich Phase III

this project
Plotted Development
May 2019started
Apr 2021target completion
8,094 sq m₹1.24 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
Address
Sy No.92/5, 92/6, 92/7, JR Greenwich III, Next to Wirpro office, Kodathi Village, Varthur Hobli , Bangalore East, Off Sarjapur Road
What’s nearby
SchoolsNearest school 1.5km away
HealthcareHospital 1.9km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 1.8km away · Convenience store within 500m
Getting around
Expressway 4.8 kmPrimary road 680 m · Sarjapura RoadRailway line 270 mRailway station 1.5km away (Carmelaram)Bus stop within 1km
Water & environment
Water body 841 m · Hadosiddapura Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.24 Cr declared. What that works out to:

₹142/sq ftof plotted area₹1,532/sq m
44%of the cost is land₹62/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 (30 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 projects — about 1 in 11 in Karnataka.

an apartments market — 73% 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

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.