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Detailed Report

Maker Meridian

PRM/KA/RERA/1251/309/PR/240822/005182 · RERA Karnataka · https://gethorizon.in/projects/maker-meridian-bengaluru-north-m4nhe0by

01

Complete project overview

RERA Karnataka · Registration filing
Units
4 units
Unit mix
4 × Commercial Space
Towers
1
Floors
4
Land area
2,433 sq m
Built-up area
6,667 sq m
FAR sanctioned
1.93
Covered area
1,211 sq m
Open area
1,222 sq m
Land parcels
1 survey no

Timeline

Project startedJun 2022
RERA registeredAug 2022
Proposed completionDec 2024
TodaySep 2026

Find your flat

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
0Ground FloorCOMMERCIAL897477
11st FloorCOMMERCIAL108618584
22nd FloorCOMMERCIAL113118606
33rd FloorCOMMERCIAL113118606

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

All 4 units as filed, two to a row · areas in sq m
UnitTypeCarpetExclusive areaUndivided shareUnitTypeCarpetExclusive areaUndivided share
0Ground FloorCOMMERCIAL89747711st FloorCOMMERCIAL108618584
22nd FloorCOMMERCIAL11311860633rd FloorCOMMERCIAL113118606
02

Builder’s track record

RERA Karnataka · Builder registration

Indiabuild Homes Pvt Ltd

CompanyPromoter type
Bengaluru UrbanBased in
1Projects
1City
2022–2024Active
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Karnataka · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 14 new projects last year
  • 431 nearby projects
1 km radius · coordinates as filed · 12.9789, 77.6292 · © OpenStreetMap contributors
Taluk
Bengaluru North
District
Bengaluru Urban
Pincode
560008
Address
PID No. 82-6-114/5, site No. 114/5, Old Madras Road, Hoysala Nagar , Ward No 80, Bangalore , Bengaluru North , Bengaluru Urban, Karnataka - 560008
North boundary
Private property
East boundary
Private property
South boundary
Private property
West boundary
Road
What’s nearby
Schools2 schools within 500m · 15 educational institutions within 1km · College or university 825m away
HealthcareHospital 157m away · 15 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 174m away · 65+ restaurants and cafes within 1km
ShoppingSupermarket 796m away · Mall 934m away · Convenience store within 1km
Getting around
Expressway 4.2 km · Outer ring roadPrimary road 15 m · Swamy Vivekananda RoadRailway line 1.7 kmMetro station 385m away (Halasuru)8 bus stops within 500m
Water & environment
Water body 221 m · Subramanya Swamy Temple Kalyani
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionOne or more surveys not converted to non-agricultural
MortgageNone declared on the project / land
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

₹50.31 Cr declared to build 4 flats. What that works out to:

₹12.58 Crdeclared cost per flatall-in — land + construction
₹7,011/sq ftof built-up area₹75,461/sq m
48%of the cost is land₹9,301/sq ft of 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.

04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

A building already stood within ~28 m of the recorded location in 2016 (about 8 m), 12 m in 2023.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~28 m of the filed location.

Satellite photographs of the same ground

Feb 2017
Mar 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • A building is first visible in 2016.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~28 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

06

Planning authority

RERA Karnataka · Approved building plan

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
approved 5 Feb 2020 · 6 yrs ago
Building Permit no. BBMP/Ad.Com/EST/1435/19-20Survey no. 82-6-114/5

The promised possession date (31 Dec 2024) 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

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 BBMP/Ad.Com/EST/1435/19-20 on the approving authority’s portal to confirm the approval.

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.

See every project approved by RERA Karnataka

08

Other projects nearby

The register · within 25 km

18 commercial projects still under way within 25 km. Step out ring by ring:

Of the 431 projects the radar draws within 6 km — every kind, every stage — 3 are commercial projects still under way. This list keeps only those, and looks further out.

1 project within 3 km — showing the nearest 1.

2.5 km awayCommercial

LEGACY MAXIMUS

LEGACY GLOBAL PROJECTS PVT LTD · Bengaluru North

Jan 2022started
Dec 2027target completion
Declared cost₹108.78 CrScale12 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: as filed with RERA Karnataka.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  6. 06Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/maker-meridian-bengaluru-north-m4nhe0by.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.