2.9 km awayApartment
PARAMOUNT BOULEVARD-1
Paramount Construction Company · MYSORE
Apr 2022started
Apr 2027target completion
Declared cost₹52.80 CrScale25 flatsAuthorityRERA Karnataka
PARAMOUNT ASPIRE
01
Complete project overview
RERA Karnataka · Registration filing- Land area
- 3,805 sq m
- Covered area
- 1,743 sq m
- Open area
- 2,062 sq m
- Garage area
- 2,867 sq m
Timeline
RERA registeredFeb 2017
Project startedJan 2018
Proposed completionJul 2021
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationPARAMOUNT CONSTRUCTION COMPANY
MysoreBased in
6Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
110 homeson the public record across 6 projects
15,162 sq mbuilt-up filed
16,970 sq mland declared
₹108.21 Crdeclared build cost
Build cost is what the builder 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
Local Planning AuthorityTown & Country Planning (DTCP)this project2 of 6 projects
Mysuru Urban Development AuthorityUrban Development Authority2 of 6 projects
Greater Hyderabad Municipal Corporation (GHMC)Municipal / Corporation1 of 6 projects
MUDA - Mysore Urban Development AuthorityUrban Development Authority1 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 builder, 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.
More from PARAMOUNT CONSTRUCTION COMPANY— the full portfolio →
03
Location & price analysis
RERA Karnataka · Registration filing- Taluk
- MYSORE
- District
- Mysore
- Address
- 440/C, Hebbal 1st Stage, Behind Shubodhini Conventional Hall, , Devaraja Mohalla, Mysore – 570017.
What’s nearby
SchoolsNearest school 1.7km away · College or university 530m away
HealthcareHospital 391m away · Clinic within 2km · Pharmacy within 500m
LifestylePark 1.9km away · Gym or sports centre 142m away
ShoppingSupermarket 1.6km away · Convenience store within 500m · ATM within 500m
Getting around
Expressway 221 m · Ring RoadPrimary road 3.0 km · Hunsur RoadRailway line 1.0 km · Mysore - HassanRailway station 4.6km away (Naganahalli)4 bus stops within 500m
Water & environment
Water body 1.0 km · Hebbal Lake
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹20.00 Cr declared. What that works out to:
48%of the cost is land
This is what the builder 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
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettesIn Karnataka it’s called the guidance value.
₹30,101per sq yd
₹36,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for “Hebbalu 1st stage, Main Road”.
- In force
- effective Oct 2023
- Spread
- ₹23,412 – ₹30,937 per sq yd across the places it was taken over
What this number is — and isn’t
- The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planBuilding Permit
The promised possession date (15 Jul 2021) 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
An approved 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 approved plan carries penalty or demolition risk.
The approving body, at scale
Local Planning Authority
Town & Country PlanningHas approved 1,518 RERA projects — about 1 in 6 in Karnataka.
a mixed market — 42% 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.
06
Complaints & litigation
RERA Karnataka · public recordComplaints register
No count on file. RERA Karnataka publishes a complaints register, but this project’s record carries no count.
So there is nothing to count here — which is not the same as nothing having been filed.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km36 residential projects still under way within 25 km. Step out ring by ring:
Of the 93 projects the radar draws within 6 km — every kind, every stage — 20 are residential projects still under way. This list keeps only those, and looks further out.
3 projects between 1 and 3 km — showing the nearest 3.
2.9 km awayApartment
PARAMOUNT BOULEVARD-2
PARAMOUNT CONSTRUCTION VENTURES PVT LTD · MYSORE
Jun 2024started
Mar 2029target completion
Declared cost₹73.68 CrScale102 flatsAuthorityRERA Karnataka
3.0 km awayMixed Development
INLAND TIARA
INLAND INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED · MYSORE
Jul 2026started
Jun 2030target completion
Declared cost₹27.50 CrScale38 flatsAuthorityRERA Karnataka
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
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.
- Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.