HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
134 units
Unit mix
80 × 3BHK · 54 × 2BHK
Towers
2
Floors
13
Land area
7,926 sq m
Built-up area
27,205 sq m
FAR sanctioned
2.5
Covered area
3,963 sq m
Open area
3,963 sq m
Land parcels
1 survey no

Timeline

Project startedJun 2015
RERA registeredDec 2024
Proposed completionDec 2025
TodayJul 2026
Construction progress

100% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
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.

134 units across 2 batches
TypeArea sq mCount
3BHK11380
2BHK8354

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

PUNIT BALAN, PURNIMA SUNIL ALGUDE, SHIBANI DATTA

Other ( OTHER )Promoter type
Bengaluru UrbanBased in
1Projects
1City
2024–2025Active
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 South
District
Bengaluru Urban
Pincode
560102
Address
SY NO 15/1A OF YELLUKUNTE VILLAGE, , BEGUR HOBLI, , Bengaluru South , Bengaluru Urban, Karnataka - 560102
North boundary
80 FEET ROAD
East boundary
PROPERTY OF SRI T RAVINDRANATH REDDY AND PROPERTY OF MR GOEL
South boundary
REMAINING PORTION OF PROPERTY IN SY NO 15/1A
West boundary
LAYOUT FORMED BY ITI HOUSE BUILDING SOCIETY LIMITED
What’s nearby
Schools5 schools within 500m · 12 educational institutions within 1km · College or university 908m away
HealthcareHospital 798m away · 5 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Playground within 500m · Gym or sports centre 64m away
ShoppingSupermarket 303m away · Convenience store within 500m · Bank 281m away
Getting around
Expressway 831 m · Hosur RoadPrimary road 1.7 km · Silkboard Double Decker FlyoverMetro station 869m away (Hongasandra)4 bus stops within 500m
Water & environment
Water body 516 m
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹105.99 Cr declared to build 134 flats. What that works out to:

₹79.10 Lakhdeclared cost per flatall-in — land + construction
₹3,619/sq ftof built-up area₹38,959/sq m

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 22 Jun 2015 · 11 yrs ago
Building Permit no. BBMP/ADDLDIR/JD SOUTH/0082/2014-15Survey no. 15/1a

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 BBMP/ADDLDIR/JD SOUTH/0082/2014-15 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.