HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
2
Land area
3,444 sq m
FAR sanctioned
1.75
Covered area
6,028 sq m
Open area
3,255 sq m
Garage area
825 sq m

Timeline

RERA registeredFeb 2017
Project startedAug 2017
Proposed completionAug 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Nazeer Ahmed

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2017–2020Active
Timelineevery project, start → promised completion
NACONS AUGUSTA

NACONS AUGUSTA

this project
Residential/Group Housing
Aug 2017started
Aug 2020target completion
₹12.96 Cr

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
Devanahalli
District
Bengaluru Urban
Address
SY. NO. 70, POOJANAHALLI VILLAGE, , KASABA HOBLI, DEVANAHALLI TALUK
What’s nearby
Schools1 school within 1km · College or university 1.2km away · Library 1.6km away
HealthcareHospital 510m away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 1.2km away · 16+ restaurants and cafes within 1km
ShoppingSupermarket 611m away · Convenience store within 1km · Bank 493m away
Getting around
Expressway 2.4 kmPrimary road 155 m · Indian Oil FlyoverRailway line 83 mRailway station 556m away (Sir M Visvesvaraya Terminal)8 bus stops within 500m
Water & environment
Water body 634 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.96 Cr declared. What that works out to:

25%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

BIAPPA - Bangalore Airport Area Planning Authority

Urban Development Authority
Building Permit

The promised possession date (10 Aug 2020) 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

BIAPPA

Urban Development Authority · Bangalore Airport Area Planning Authority

Has approved 328 RERA projects — 3.8% of Karnataka.

a plotted-layout market — 30% apartments · 70% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
236
On record
20,448 flats · 19,692 plots
Reach
8 taluks
Since
2017

More layout-heavy than Karnataka overall — 70% 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.