HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
1,10,391 sq m
Covered area
60,072 sq m
Open area
50,319 sq m

Timeline

Project startedJul 2018
RERA registeredJul 2018
Proposed completionDec 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Maniveera Structure Private Limited

Bengaluru UrbanBased in
1Projects
1City
2018–2019Active
Timelineevery project, start → promised completion
Rain Forest Phase I

Rain Forest Phase I

this project
Plotted Development
Jul 2018started
Dec 2019target completion
1,10,391 sq m₹127.41 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
Devanahalli
District
Bengaluru Urban
Address
Sy.No.63, 89, 90, 91, 92/1, 92/2 and 93, Situated at Hegganahalli Village, Kundana Hobali, , Devanahalli Taluk, Bangalore Rural District.
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.8 km · Ballari RoadRailway line 4.7 kmNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 397 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹127.41 Cr declared. What that works out to:

₹1,072/sq ftof plotted area₹11,541/sq m
56%of the cost is land₹599/sq ft of 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

BIAPPA - Bangalore Airport Area Planning Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Dec 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

BIAPPA

Urban Development Authority · Bangalore Airport Area Planning Authority

Has 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.

Complaints register

11 complaints on RERA Karnataka’s register for this project — 20 disposed.

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.