HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
6,804 sq m
FAR sanctioned
2.13
Covered area
1,254 sq m
Open area
5,550 sq m

Timeline

Project startedAug 2015
RERA registeredDec 2017
Proposed completionMar 2020
TodayJul 2026
Construction progress

86% overall, as filed

Amenities2%
Internal infra6%
External infra7%
Finishing43%
Super-structure70%
Common areas80%
Sub-structure85%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.
02

Builder’s track record

RERA Karnataka · Promoter registration

Chitrakut Estates Private Limited

Bengaluru UrbanBased in
1Projects
1City
2017–2020Active
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
Bengaluru East
District
Bengaluru Urban
Address
HORAMAVU, K R PURAM
What’s nearby
Schools2 schools within 500m
HealthcareHospital 506m away · 6 clinics within 1km · Pharmacy within 1km
Lifestyle1 park within 500m · Gym or sports centre 725m away · 3 restaurants and cafes within 1km
ShoppingSupermarket 207m away · Bank 410m away
Getting around
Expressway 1.5 kmPrimary road 1.6 km · Banaswadi Main RoadRailway line 904 mRailway station 2.0km away (Channasandra)5 bus stops within 500m
Water & environment
Water body 683 m · Horamavu Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹45.14 Cr declared. What that works out to:

1%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (31 Mar 2020) 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

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projectsabout 1 in 4 in Karnataka, more than any other body in the state.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
1,619
On record
1,14,417 flats · 373 plots
Reach
9 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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.