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Detailed Report

NAKSHATRA TOWNSHIP PHASE-4

PRM/KA/RERA/1251/310/PR/220221/004715 · RERA Karnataka · https://gethorizon.in/projects/nakshatra-township-phase-4-bengaluru-south-nafolezw

01

Complete project overview

RERA Karnataka · Registration filing
Project name
NAKSHATRA TOWNSHIP PHASE-4
Land area
12,090 sq m
Covered area
12,090 sq m
Open area
5,599 sq m

Timeline

Project startedJun 2019
RERA registeredFeb 2021
Proposed completionJun 2022
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

v arunagiri

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2021–2022Active
Timelineevery project, start → promised completion
NAKSHATRA TOWNSHIP PHASE-4

NAKSHATRA TOWNSHIP PHASE-4

this project
Plotted Development
Jun 2019started
Jun 2022target completion
12,090 sq m₹6.00 Cr

The only project Horizon has read from this builder 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
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 12 new projects last year
  • 111 nearby projects
exact address · geocoded from the filed address · 12.7296, 77.7034 · © OpenStreetMap contributors
Taluk
Bengaluru South
District
Bengaluru Urban
Pincode
560102
Address
Sy.Number 29, Chikkahagade Village
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.5km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 1.5 km · Attibele-Anekal RoadRailway line 801 mRailway station 1.0km away (Anekal Road)Limited bus connectivity nearby
Water & environment
Water body 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.00 Cr declared. What that works out to:

₹461/sq ftof plotted area₹4,963/sq m
50%of the cost is land₹231/sq ft of land

This is what the builder 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

Government Guidance Rate

Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes

In Karnataka it’s called the guidance value.

₹8,194per sq yd
₹9,800per sq m
Which rate
site (guidance value)
Matched to
The rate published for the village of “Chikkahagade”.
In force
effective Oct 2023
Spread
₹8,110 – ₹8,194 per sq yd across the places it was taken over

This filing declares ₹4,963 per sq m of plotted area — 0.51× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

  • The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Karnataka · Approved building plan

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Layout Permit

The promised possession date (1 Jun 2022) 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

An approved 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 approved plan carries penalty or demolition risk.

The approving body, at scale

BMRDA

Urban Development Authority · Bangalore Metropolitan Region Development Authority

Has approved 550 RERA projects — about 1 in 16 in Karnataka.

a mixed market — 46% 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.

See every project approved by RERA Karnataka→

07

Other projects nearby

The register · within 25 km

131 plotted projects still under way within 25 km. Step out ring by ring:

Of the 111 projects the radar draws within 6 km — every kind, every stage — 20 are plotted projects still under way. This list keeps only those, and looks further out.

2 projects within 1 km — showing the nearest 2.

750 m awayPlotted Development

THE GLENHART ESTATES PHASE 2

GKS BUILDERS AND DEVELOPERS · Anekal

Jan 2024started
Oct 2027target completion
Declared cost₹43.83 CrScale163 plotsAuthorityRERA Karnataka
Open the read
850 m awayPlotted Development

THE GLENHART ESTATES PHASE 1

GKS BUILDERS AND DEVELOPERS · Anekal

Jan 2024started
Oct 2027target completion
Declared cost₹28.10 CrScale115 plotsAuthorityRERA Karnataka
Open the read

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes.
  5. 05Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/nakshatra-township-phase-4-bengaluru-south-nafolezw.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.