HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
4,728 sq m
Covered area
2,590 sq m
Open area
2,138 sq m

Timeline

Project startedJun 2020
RERA registeredAug 2021
Proposed completionDec 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

H M KANTHARAJU

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2021–presentActive
Timelineevery project, start → promised completion
K P NAGARA

K P NAGARA

this project
Plotted Development
Jun 2020started
Dec 2021target completion
4,728 sq m₹43.23 Lakh

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
Aluru
District
Hassan
Pincode
573213
Address
Sy.No:33/4, 33/14, 47/12, 33/4B4 and 33/2 of Machenahalli Village, Kasaba Hobli, Alur Taluk
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.3 kmPrimary road 171 mRailway line 653 mRailway station 2.2km away (Alur)Limited bus connectivity nearby
Water & environment
Water body 840 mCanal 1.3 kmRiver 3.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹43.23 Lakh declared. What that works out to:

₹85/sq ftof plotted area₹914/sq m
42%of the cost is land₹36/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

Local Planning Authority

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (31 Dec 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

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projects — about 1 in 6 in Karnataka.

a mixed market — 42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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

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.