340 m awayApartment
ELEGANT AURA
ELEGANT BUILDERS AND DEVELOPERS · Bengaluru North
Nov 2024started
Jun 2027target completion
Declared cost₹56.37 CrScale86 flatsAuthorityRERA Karnataka
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Detailed ReportPrakruthi Akshara
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- Prakruthi Akshara
- Towers
- 1
- Land area
- 1,578 sq m
- FAR sanctioned
- 1.75
- Covered area
- 537 sq m
- Open area
- 309 sq m
Timeline
Project startedOct 2016
Proposed completionNov 2017
RERA registeredDec 2017
TodaySep 2026
Find your flat
Every flat the builder registered. Look yours up and check it is on the record.
UnitType
1Ground Floor2BHK
2Ground Floor2BHK
3Ground Floor3BHK
4Ground Floor2BHK
5Ground Floor2BHK
6Ground Floor2BHK
7Ground Floor2BHK
8Ground Floor2BHK
9Ground Floor2BHK
1011st Floor2BHK
1021st Floor2BHK
1031st Floor3BHK
1041st Floor2BHK
1051st Floor2BHK
1061st Floor2BHK
1071st Floor2BHK
1081st Floor2BHK
1091st Floor2BHK
2012nd Floor2BHK
2022nd Floor2BHK
2032nd Floor3BHK
2042nd Floor2BHK
2052nd Floor2BHK
2062nd Floor2BHK
2072nd Floor2BHK
2082nd Floor2BHK
2092nd Floor2BHK
3013rd Floor2BHK
3023rd Floor2BHK
3033rd Floor3BHK
3043rd Floor2BHK
3053rd Floor2BHK
3063rd Floor2BHK
3073rd Floor2BHK
3083rd Floor2BHK
3093rd Floor2BHK
Areas are not shown for this project. The sizes filed against these flats are not credible — units recorded as 2 and 3 BHK are filed at sizes no flat is, which usually means square feet were entered in a column the register labels square metres. Publishing those as the registered carpet area would be worse than publishing nothing. The flat numbers and types above are the register’s.
| Unit | Type | Unit | Type |
|---|---|---|---|
| 1Ground Floor | 2BHK | 2Ground Floor | 2BHK |
| 3Ground Floor | 3BHK | 4Ground Floor | 2BHK |
| 5Ground Floor | 2BHK | 6Ground Floor | 2BHK |
| 7Ground Floor | 2BHK | 8Ground Floor | 2BHK |
| 9Ground Floor | 2BHK | 1011st Floor | 2BHK |
| 1021st Floor | 2BHK | 1031st Floor | 3BHK |
| 1041st Floor | 2BHK | 1051st Floor | 2BHK |
| 1061st Floor | 2BHK | 1071st Floor | 2BHK |
| 1081st Floor | 2BHK | 1091st Floor | 2BHK |
| 2012nd Floor | 2BHK | 2022nd Floor | 2BHK |
| 2032nd Floor | 3BHK | 2042nd Floor | 2BHK |
| 2052nd Floor | 2BHK | 2062nd Floor | 2BHK |
| 2072nd Floor | 2BHK | 2082nd Floor | 2BHK |
| 2092nd Floor | 2BHK | 3013rd Floor | 2BHK |
| 3023rd Floor | 2BHK | 3033rd Floor | 3BHK |
| 3043rd Floor | 2BHK | 3053rd Floor | 2BHK |
| 3063rd Floor | 2BHK | 3073rd Floor | 2BHK |
| 3083rd Floor | 2BHK | 3093rd Floor | 2BHK |
02
Builder’s track record
RERA Karnataka · Builder registrationPrakruthi Infra & Shelters India Pvt Ltd.
Bengaluru UrbanBased in
1Projects
1City
2017–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- This project
- 27 new projects last year
- 412 nearby projects
- Taluk
- Bengaluru East
- District
- Bengaluru Urban
- Pincode
- 560024
- Address
- Sy No. 100/2, 5th Cross, MCEHS Layout, Dr. Shivaram Karath nagar,, Hegdenagar,
What’s nearby
SchoolsNearest school 2.0km away · Library 1.6km away
HealthcareHospital 844m away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 1.9km away · 5 restaurants and cafes within 1km
ShoppingSupermarket 361m away · Bank 440m away · ATM within 500m
Getting around
Expressway 3.4 km · Outer Ring RoadPrimary road 896 m · Thanisandra Main RoadRailway line 1.5 kmNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 620 m · Sampigehalli Lake
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹10.90 Cr declared. What that works out to:
7%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.
₹27,592per sq yd
₹33,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for “Hegde Nagar”.
- In force
- effective Oct 2023
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 (30 Nov 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
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
BBMP
Municipal Corporation · Bruhat Bengaluru Mahanagara PalikeHas 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.
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 km926 residential projects still under way within 25 km. Step out ring by ring:
Of the 412 projects the radar draws within 6 km — every kind, every stage — 126 are residential projects still under way. This list keeps only those, and looks further out.
5 projects within 1 km — showing the nearest 5.
510 m awayResidential/Group Housing
OLIVIA AT RAINTREE BOULEVARD - CLUSTER 6
L and T Realty Developers Limited · Bengaluru North
Oct 2021started
Mar 2026target completion
⚠ no escrow declaredDeclared cost₹540.67 CrAuthorityRERA Karnataka
650 m awayApartment
SNN ESTATES FELICITY
SNN Builders Private Limited · Bengaluru North
Jun 2022started
Dec 2028target completion
Declared cost₹395.03 CrScale580 flatsAuthorityRERA Karnataka
730 m awayApartment
PRAMODH FORT HOUSE
Thipparthi Constructions And Housing Pvt Ltd · Yelahanka
Sep 2025started
Dec 2027target completion
Declared cost₹8.62 CrScale20 flatsAuthorityRERA Karnataka
780 m awayApartment
SUMADHURA SOLEA
SUMADHURA HOMES LLP · Bengaluru East
Feb 2026started
Jun 2029target completion
Declared cost₹281.27 CrScale233 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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
- 02Builder's track record
- RERA Karnataka: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Karnataka filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the street, not the exact building.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes.
- 05Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
- 07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/prakruthi-akshara-bengaluru-east-f9bkcz12.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.