HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
889 sq m
Covered area
889 sq m

Timeline

Project startedJul 2013
RERA registeredFeb 2018
Proposed completionMar 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

MARVEL OMEGA BUILDERS PVT LTD.(FORMERLY ULTRA REALTORS AND DEVELOPERS (PUNE) PVT LTD).

PuneBased in
1Projects
1City
2018–2019Active
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 South
District
Pune
Address
PLOT NO.7 (PREVIOUSLY BEARING NO. 5B), PRIMROSE ROAD
What’s nearby
Schools4 schools within 1km · 8 educational institutions within 1km · College or university 520m away
HealthcareHospital 693m away · 3 clinics within 1km · Pharmacy within 1km
LifestylePark 1.8km away · Gym or sports centre 612m away · 213+ restaurants and cafes within 1km
ShoppingSupermarket 257m away · Mall 182m away · Convenience store within 1km
Getting around
Expressway 3.4 km · BGS FlyoverPrimary road 156 m · Mahatma Gandhi RoadRailway line 2.4 kmMetro station 474m away (Trinity)17 bus stops within 500m
Price analysisdeclared build cost — not a sale price

₹26.00 Cr declared. What that works out to:

36%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 2019) 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

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