HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
15,074 sq m
FAR sanctioned
1.75
Covered area
6,902 sq m
Open area
8,172 sq m

Timeline

Project startedMar 2020
RERA registeredMay 2020
Proposed completionMar 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

M/s. N G DEVELOPERS

Bengaluru UrbanBased in
1Projects
1City
2020–2022Active
Timelineevery project, start → promised completion

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
Bengaluru East
District
Bengaluru Urban
Pincode
560092
Address
Villa No. 1 to 62 in converted Sy No.s 443, 444, 448/1 and 449, situated at Riches Garden, Kalkere Village, K.R.Puram Hobli
What’s nearby
Schools1 school within 1km · College or university 1.4km away
HealthcareHospital 430m away · 5 clinics within 1km · Pharmacy within 1km
LifestylePark 849m away · Gym or sports centre 999m away
ShoppingSupermarket 449m away · Bank 562m away
Getting around
Expressway 1.7 km · Outer Ring RoadPrimary road 2.2 km · Banaswadi Main RoadRailway line 1.5 kmRailway station 2.0km away (Channasandra)Bus stop within 500m
Water & environment
Water body 889 m · Horamavu Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹30.00 Cr declared. What that works out to:

53%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 Mar 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

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

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.