HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
5
Land area
15,254 sq m
FAR sanctioned
27079.9
Covered area
1,980 sq m
Open area
13,274 sq m

Timeline

Project startedNov 2012
RERA registeredSep 2017
Proposed completionDec 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SMART VALUE HOMES (PEENYA PROJECT) PRIVATE LIMITED

Mumbai CityBased in
4Projects
2Cities
2017–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
188 homeson the public record across 4 projects
15,754 sq mbuilt-up filed
39,460 sq mland declared
₹383.14 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.

Planning authoritiesthis builder's portfolio, by approving body
BDA - Bangalore Development AuthorityUrban Development Authoritythis project2 of 3 projects
Local Planning AuthorityTown & Country Planning (DTCP)1 of 3 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Bengaluru North
District
Mumbai City
Pincode
400023
Address
Survey No.3/2,3/3,4/2,2/3,2/4 at Sheshagiriraopalya village, Dasanapura Hobli, Bangalore North Taluk.
Price analysisdeclared build cost — not a sale price

₹126.37 Cr declared. What that works out to:

6%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

BDA - Bangalore Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 2018) 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

BDA

Urban Development Authority · Bangalore Development Authority

Has approved 830 RERA projectsabout 1 in 11 in Karnataka.

an apartments market73% apartments · 27% plotted layouts. Apartments like yours are this body's core business.

Builders
626
On record
82,843 flats · 16,515 plots
Reach
13 taluks
Since
2017

More apartment-heavy than Karnataka overall — 73% 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.

Complaints register

1 complaint on RERA Karnataka’s register for this project 2 disposed.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.