HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
1,801 sq m
Covered area
989 sq m
Open area
90 sq m
Garage area
577 sq m

Timeline

Project startedFeb 2020
RERA registeredFeb 2021
Proposed completionDec 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

NEIGHBOURHOOD PROPERTIES

Bengaluru UrbanBased in
1Projects
1City
2021–2022Active
Timelineevery project, start → promised completion
NEIGHBOURHOOD ELITE

NEIGHBOURHOOD ELITE

this project
Residential/Group Housing
Feb 2020started
Dec 2022target completion
₹12.40 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
Yelahanka
District
Hyderabad
Pincode
500044
Address
Sy.No.19/1, earlier Sy.No.19, BBMP Katha No.170/19/1, Situated at Venkateshapura Village, Yelahanaka Hobli, Bangalore North Taluk, Bangalore
What’s nearby
Schools3 schools within 1km · 7 educational institutions within 1km · College or university 1.8km away
HealthcareHospital 47m away · 17 clinics within 1km · Pharmacy within 500m
Lifestyle1 park within 500m · Playground within 500m · Gym or sports centre 424m away
ShoppingSupermarket 30m away · Mall 1.2km away · Convenience store within 500m
Getting around
Expressway 947 m · Bellary RoadPrimary road 2.8 km · Thanisandra Main RoadRailway line 1.6 kmRailway station 2.2km away (Hebbal)3 bus stops within 500m
Water & environment
Water body 809 m · Amruthalli Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.40 Cr declared. What that works out to:

44%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (31 Dec 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

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

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projects — about 1 in 4 in Karnataka, more than any other body in the state.

an apartments market — 100% 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.

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.
  • Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.