HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
18,210 sq m
FAR sanctioned
2.25
Covered area
4,559 sq m
Open area
13,651 sq m

Timeline

Project startedMar 2014
Proposed completionSep 2017
RERA registeredDec 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

KSM Niketan Pvt Lted

Bengaluru UrbanBased in
1Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Olympia Enchante

Olympia Enchante

this project
Residential/Group Housing
Mar 2014started
Sep 2017target completion
₹60.00 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
Bengaluru East
District
Bengaluru Urban
Address
Sy.no.152 Hagadur Village, Whitefield
What’s nearby
Schools2 schools within 500m · 7 educational institutions within 1km · Library 1.2km away
HealthcareHospital 606m away · 5 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Playground within 500m · Gym or sports centre 608m away
ShoppingSupermarket 470m away · Bank 391m away · ATM within 500m
Getting around
Expressway 4.3 km · Dabaspete - Hosur HighwayPrimary road 409 m · Whitefield Main RoadRailway line 3.1 kmMetro station 2.8km away (Kadugodi Tree Park)3 bus stops within 500m
Water & environment
Water body 637 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹60.00 Cr declared. What that works out to:

3%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 (30 Sep 2017) 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.

Complaints register

1 complaint on RERA Karnataka’s register for this project — 0 disposed, 1 still open.

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.