HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
188 units
Unit mix
188 × 2 BHK
Towers
4
Floors
12
Land area
6,252 sq m
Built-up area
15,754 sq m
FAR sanctioned
1.89
Covered area
1,314 sq m
Open area
4,938 sq m
Land parcels
5 survey nos

Timeline

Project startedNov 2012
RERA registeredAug 2022
Proposed completionSep 2023
TodayJul 2026

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

188 units across 1 batch
TypeArea sq mCount
2 BHK59188

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

Smart Value Homes (Peenya Project) Private Limited

CompanyPromoter type
Bengaluru UrbanBased 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 Authority2 of 3 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project1 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
Bengaluru Urban
Pincode
562123
Address
AT KHATA NO. 2363/449 (FOR AN EXTENT OF 21A-24G IN SY NO: 2/3, 2/4, 3/2, 3/3, 4/2 AT , SHESHAGIRIRAO PALYA VILLAGE, DASANAPURA HOBLI , Bengaluru North , Bengaluru Urban, Karnataka - 562123
North boundary
ROAD
East boundary
ROAD
South boundary
PILLAHALLI VILLAGE BOUNDARY
West boundary
SY NO 2/2 AND SY NO 4/3
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.8km away
LifestyleNo parks within 2km · Gym or sports centre 1.6km away
ShoppingNo supermarket within 2km
Getting around
Primary road 3.8 km · Hesaraghatta RoadRailway line 987 m · KSR Bengaluru-HassanNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 941 mRiver 3.1 km · Arkavati
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
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

₹78.77 Cr declared to build 188 flats. What that works out to:

₹41.90 Lakhdeclared cost per flatall-in — land + construction
₹4,645/sq ftof built-up area₹50,002/sq m
6%of the cost is land₹679/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 20 Oct 2012 · 13 yrs ago
Building Permit no. NPA/CC/1521 2012-13Survey no. 2/3

The promised possession date (30 Sep 2023) 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.

Verify it yourself — look up plan NPA/CC/1521 2012-13 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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

2 complaints on RERA Karnataka’s register for this project 4 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.