HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
1,085 sq m
FAR sanctioned
2.25
Covered area
3,273 sq m
Open area
200 sq m
Garage area
413 sq m

Timeline

Project startedJun 2017
RERA registeredMar 2018
Proposed completionJan 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Platinum Royale Properties

Bengaluru UrbanBased in
1Projects
1City
2018–2019Active
Timelineevery project, start → promised completion
PRP PHOENIX

PRP PHOENIX

this project
Mixed Development
Jun 2017started
Jan 2019target completion
₹9.00 Cr

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 East
District
Bengaluru Urban
Pincode
560010
Address
Site NO: 3,4,5,6 &10, 3rd C Main Road, , OMBR Layout
What’s nearby
Schools2 schools within 500m · 4 educational institutions within 1km · College or university 1.3km away
HealthcareHospital 513m away · 12 clinics within 1km · Pharmacy within 1km
LifestylePark 1.9km away · Gym or sports centre 707m away · 13+ restaurants and cafes within 1km
ShoppingSupermarket 630m away · Convenience store within 1km · Bank 709m away
Getting around
Expressway 1.3 km · Outer Ring RoadPrimary road 726 m · Banaswadi Main RoadRailway line 604 mRailway station 1.2km away (Sir M Visvesvaraya Terminal)3 bus stops within 500m
Water & environment
Water body 903 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.00 Cr declared. What that works out to:

56%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (31 Jan 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

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has 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.

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.