The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Nelamangala
District
Bengaluru Rural
Pincode
562123
Address
SY NO 16/2, 166 OF BYRASHETTYHALLI VILLAGE, , KASABA HOBLI, , Nelamangala , Bengaluru Rural, Karnataka - 562123
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 362 mRailway line 1.2 kmRailway station 2.8km away (Gollahalli)Bus stop within 500m
Water & environment
Water body 1.1 km
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
As declared by the builder 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
₹12.12 Cr declared to build 180 plots. What that works out to:
₹6.73 Lakhdeclared cost per plotall-in — land + construction
29%of the cost is land
This is what the builder 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.
Location & price analysis — done
04
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes
In Karnataka it’s called the guidance value.
₹7,107per sq yd
₹8,500per sq m
Which rate
site (guidance value)
Matched to
The rate published for “BYRASHETTIHALLI”.
In force
effective Oct 2023
Spread
₹5,435 – ₹7,107 per sq yd across the places it was taken over
What this number is — and isn’t
The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RERA Karnataka · Approved building plan
Belagavi Urban Development Authority
Urban Development Authority
approved 2 Mar 2026 · 6 mo ago
Layout Permit no. NPA/93/2025-26Survey no. 16/2
The occupancy certificate — the proof that isn’t here
An approved 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 approved plan carries penalty or demolition risk.
Verify it yourself — look up plan NPA/93/2025-26 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Belagavi Urban Development Authority
Urban Development Authority
Has approved 116 RERA projects — 1.3% of Karnataka.
an apartments market — 82% apartments · 18% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.
Builders
98
On record
3,214 flats · 392 plots
Reach
8 taluks
Since
2017
More apartment-heavy than Karnataka overall — 82% 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.
None on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka
Litigation
Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
83 plotted projects still under way within 25 km. Step out ring by ring:
Of the 88 projects the radar draws within 6 km — every kind, every stage — 7 are plotted projects still under way. This list keeps only those, and looks further out.