520 m awayPlotted Development
KONIG MARVEL COUNTY
KONIG ESTATES · Devanahalli
Jun 2026started
May 2030target completion
Declared cost₹27.30 CrScale115 plotsAuthorityRERA Karnataka
Pearl Mayberry
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- Pearl Mayberry
- Land area
- 42,943 sq m
- Covered area
- 23,067 sq m
- Open area
- 19,876 sq m
Timeline
Project startedMay 2023
Proposed completionApr 2025
RERA registeredJun 2025
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationPEARL MEADOWS LLP
Bengaluru UrbanBased in
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
The only project Horizon has read from this builder 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
- Devanahalli
- District
- Bengaluru Urban
- Pincode
- 560105
- Address
- Cornerstone Mayberry, Sy No.90/1 & 99 of Ilthore Village, Kundana Hobli,
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.6 km · Ballari RoadPrimary road 2.7 km · Airport Trumpet FlyoverRailway line 2.8 kmRailway station 3.6km away (Doddajala)Bus stop within 1km
Water & environment
Water body 227 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹94.72 Cr declared. What that works out to:
₹2,049/sq ftof plotted area₹22,056/sq m
68%of the cost is land₹1,389/sq ft of 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.
₹12,542per sq yd
₹15,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for the village of “ILTHORE”.
- In force
- effective Oct 2023
- Spread
- ₹2,926 – ₹12,542 per sq yd across the places it was taken over
This filing declares ₹22,056 per sq m of plotted area — 1.47× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
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 village, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planLayout Permit
The promised possession date (15 Apr 2025) 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
BIAPPA
Urban Development Authority · Bangalore Airport Area Planning AuthorityHas 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
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 km177 plotted projects still under way within 25 km. Step out ring by ring:
Of the 159 projects the radar draws within 6 km — every kind, every stage — 46 are plotted projects still under way. This list keeps only those, and looks further out.
2 projects within 1 km — showing the nearest 2.
900 m awayPlotted Development
EARTHSONG BY MANYATA PHASE-4B
M/s Manyata Developers Pvt. Ltd · Bengaluru North
Feb 2023started
Dec 2026target completion
Declared cost₹22.78 CrScale96 plotsAuthorityRERA 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.