HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
137 units
Unit mix
28 × 2BHK LARGE -TYPE 02 (Tower-6) · 28 × 2 BHK REGULAR - TYPE01 (Tower - 6) · 28 × 2BHK LARGE -TYPE 01 A (Tower-6) · 14 × 2BHK-LARGE -TYPE 01 B (Tower-5) · 13 × 2BHK-LARGE -TYPE 03 B EAST (Tower-5) · 13 × 2BHK-LARGE -TYPE 03 B WEST (Tower-5) · 13 × 1 BHK (Tower-5)
Towers
2
Floors
14
Land area
7,850 sq m
Built-up area
17,978 sq m
FAR sanctioned
2.248
Covered area
1,319 sq m
Open area
6,531 sq m
Land parcels
5 survey nos

Timeline

Project startedOct 2023
RERA registeredDec 2023
Proposed completionJul 2027
TodayJul 2026
Construction progress

92% overall, as filed

External infra0%
Internal infra7%
Finishing13%
Common areas32%
Super-structure42%
Amenities42%
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.

137 units across 7 batches
TypeArea sq mCount
2BHK-LARGE -TYPE 03 B EAST (Tower-5)613
2BHK LARGE -TYPE 02 (Tower-6)328
2BHK-LARGE -TYPE 03 B WEST (Tower-5)613
2BHK-LARGE -TYPE 01 B (Tower-5)614
1 BHK (Tower-5)313
2 BHK REGULAR - TYPE01 (Tower - 6)228
2BHK LARGE -TYPE 01 A (Tower-6)328

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

MF FARMLANDS PRIVATE LIMITED

CompanyPromoter type
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 , , Bangalore , Devanahalli , Bengaluru Rural, Karnataka - 562110
North boundary
Halla
East boundary
Property in SY.NO 28
South boundary
Road
West boundary
Property in SY.NOS 29/1A and 1B
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.1km away
LifestyleNo parks within 2km
ShoppingSupermarket 1.7km away
Getting around
Expressway 2.5 kmPrimary road 1.8 km · KIAL T2 Entry RoadRailway line 2.7 kmRailway station 3.5km away (Devanahalli)Bus stop within 500m
Water & environment
Water body 94 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned + joint development (JDA)
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

₹64.73 Cr declared to build 137 flats. What that works out to:

₹47.25 Lakhdeclared cost per flatall-in — land + construction
₹3,345/sq ftof built-up area₹36,006/sq m
7%of the cost is land₹567/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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
approved 12 Nov 2020 · 5 yrs ago
Building Permit no. STRRPA/TP/CC/14/2020-21Survey no. 28/1
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 STRRPA/TP/CC/14/2020-21 on the approving authority’s portal to confirm the sanction.

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.