HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
126 units
Unit mix
65 × Flats bearing 3 BHK · 61 × Flats bearing 2 BHK
Towers
1
Floors
4
Land area
5,967 sq m
Built-up area
20,305 sq m
FAR sanctioned
2
Covered area
2,729 sq m
Open area
3,238 sq m
Land parcels
1 survey no

Timeline

Project startedMar 2022
RERA registeredOct 2022
Proposed completionDec 2025
TodayJul 2026
Construction progress

96% overall, as filed

External infra45%
Internal infra51%
Common areas79%
Amenities86%
Super-structure94%
Finishing96%
Sub-structure100%
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.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

126 units across 2 batches
TypeArea sq mCount
Flats bearing 3 BHK11165
Flats bearing 2 BHK8661

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

MATHAPATHI CONSTRUCTIONS PRIVATE LIMITED

CompanyPromoter type
Bengaluru UrbanBased in
1Projects
1City
2022–2025Active
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
Pincode
560087
Address
Survey No.76/3, BBMP Khatha Sl No. 596 Municipal No. 35 , Gunjur Village Varthur Hobli, Ward No.149 , Bengaluru East , Bengaluru Urban, Karnataka - 560087
North boundary
Property bearing Sy No.76/2 and 77
East boundary
Road Over 60 Feet
South boundary
Property bearing Sy No.76/4 and 76/5
West boundary
Property bearing Sy No.77
What’s nearby
SchoolsNo schools within 2km · Library 1.0km away
HealthcareHospital 246m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · 10+ restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 379m away
Getting around
Expressway 4.6 kmPrimary road 263 m · Varthur - Sarjapur RoadRailway line 3.0 kmRailway station 3.4km away (Carmelaram)Bus stop within 500m
Water & environment
Water body 565 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
BorrowingProject borrowing declared
As declared by the promoter 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

₹82.80 Cr declared to build 126 flats. What that works out to:

₹65.71 Lakhdeclared cost per flatall-in — land + construction
₹3,788/sq ftof built-up area₹40,778/sq m
23%of the cost is land₹2,903/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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
approved 7 Mar 2022 · 4 yrs ago
Building Permit no. 0026/21-22Survey no. 76/3

The promised possession date (31 Dec 2025) 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.

Verify it yourself — look up plan 0026/21-22 on the approving authority’s portal to confirm the sanction.

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.