HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
2
Land area
22,965 sq m
FAR sanctioned
1.5
Covered area
9,919 sq m
Open area
13,046 sq m

Timeline

Project startedJan 2017
RERA registeredMay 2019
Proposed completionDec 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

KSR PROPERTIES PVT LTD

Bengaluru UrbanBased in
1Projects
1City
2019–presentActive
Timelineevery project, start → promised completion
KSR Basil

KSR Basil

this project
Residential/Group Housing
Jan 2017started
Dec 2019target completion
₹70.00 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
Hyderabad
Pincode
500034
Address
Sy. No 68/2, Huskur Village, Bidarahalli Hobli, Off Old Madras road, Bengaluru east
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.6km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 871 m · Old Madras RoadPrimary road 932 m · Raghuvanahalli - Hosakote RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 333 mRiver 640 m · Dakshina Pinakini
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹70.00 Cr declared. What that works out to:

5%of the cost is 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
Building Permit

The promised possession date (31 Dec 2019) 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 projects — about 1 in 16 in Karnataka.

a mixed market — 46% 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

42 complaints on RERA Karnataka’s register for this project — 84 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.