HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
3
Land area
8,197 sq m
FAR sanctioned
2.25
Covered area
1,883 sq m
Open area
6,314 sq m

Timeline

RERA registeredDec 2020
Project startedFeb 2021
Proposed completionJul 2025
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

MF FARMLANDS PRIVATE LIMITED

Bengaluru RuralBased in
3Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
191 homeson the public record across 3 projects
26,537 sq mbuilt-up filed
17,704 sq mland declared
₹157.34 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Devanahalli
District
Bengaluru Rural
Pincode
562110
Address
Sy No 28/1, 28/4, 29/2, 29/3 & 29/4 Rayasandra village, Devanahalli Taluk , Bengaluru Rural, Bengaluru
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.4km away
LifestyleNo parks within 2km
ShoppingSupermarket 1.5km away
Getting around
Expressway 1.6 km · Devanahalli BypassPrimary road 1.3 km · Dabaspete - Hosur HighwayRailway line 2.7 kmRailway station 3.1km away (Devanahalli)Bus stop within 1km
Water & environment
Water body 51 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹70.00 Cr declared. What that works out to:

16%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 Jul 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.

The approving body, at scale

BMRDA

Urban Development Authority · Bangalore Metropolitan Region Development Authority

Has approved 550 RERA projectsabout 1 in 16 in Karnataka.

a mixed market46% 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

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.