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.
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.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Devanahalli
District
Bengaluru Rural
Pincode
562110
Address
GSG REALTY, PLOT NO.25,26,27, UPPARAHALLI VILLAGE , KASABA HOBLI, , Devanahalli , Bengaluru Rural, Karnataka - 562110
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.6km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Convenience store within 500m
Getting around
Expressway 174 m · Ballari RoadPrimary road 915 mRailway line 253 mRailway station 1.5km away (Devanahalli)Limited bus connectivity nearby
Water & environment
Water body 493 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared under 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
₹162.50 Cr declared to build 493 plots. What that works out to:
₹32.96 Lakhdeclared cost per plotall-in — land + construction
70%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.
Location & price analysis — done
04
Planning authority
RERA Karnataka · Approved building plan
BIAPPA - Bangalore Airport Area Planning Authority
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 BIAAPA/TP/03/LAO/81/2020-21 on the approving authority’s portal to confirm the sanction.
The approving body, at scale
BIAPPA
Urban Development Authority · Bangalore Airport Area Planning Authority
Has approved 328 RERA projects — 3.8% of Karnataka.
a plotted-layout market — 30% apartments · 70% plotted layouts. Your plotted layout is this body's core business.
Builders
236
On record
20,448 flats · 19,692 plots
Reach
8 taluks
Since
2017
More layout-heavy than Karnataka overall — 70% 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.
Planning authority — done
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.