HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
22,763 sq m
Covered area
11,792 sq m
Open area
10,971 sq m

Timeline

Project startedOct 2018
RERA registeredJan 2020
Proposed completionJun 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

NISARGA DEVELOPERS

Bengaluru RuralBased in
7Projects
5Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
78 homes · 52 plotson the public record across 7 projects
3,020 sq mbuilt-up filed
81,088 sq mplotted area
83,688 sq mland declared
₹60.22 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
BIAPPA - Bangalore Airport Area Planning AuthorityUrban Development Authority3 of 6 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project3 of 6 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
Maluru
District
Bengaluru Rural
Pincode
562114
Address
Survey Numbers 291/4 , 293/2 , 293/3 , 293/6 and 303/1 of , Lakkur Village Lakkur Hobli
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.2 km · Dabaspete - Hosur HighwayPrimary road 2.3 km · Malur - Hosur RoadNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 368 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹11.42 Cr declared. What that works out to:

₹466/sq ftof plotted area₹5,018/sq m
28%of the cost is land₹130/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)
Layout Permit

The promised possession date (30 Jun 2020) 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

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

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.