AnekalPlotted Development
KNS LAUREL
Neelanchal Landholdings LLP
Jul 2021started
Jul 2026target completion
⚠ no escrow declaredDeclared cost₹4.29 CrScale77 plotsAuthorityRERA Karnataka
Reliaable Prime City Phase 1A
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- Reliaable Prime City Phase 1A
- Land area
- 20,082 sq m
- Covered area
- 10,340 sq m
- Open area
- 9,742 sq m
Timeline
Project startedDec 2019
RERA registeredDec 2019
Proposed completionNov 2022
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationRD Buildtech and Developers(Kar) Pvt ltd and Kavitha.V
Bengaluru UrbanBased in
1Projects
1City
2019–2022Active
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
- Anekal
- District
- Bengaluru Urban
- Pincode
- 560072
- Address
- Sy no. 56/1 ,63/1,65/1,65/2,65/3,65/4,65/7 and 65/9 Chikkanagamangala Village, , Sarjapura Hobli, Adj Sabaiya Apartments
What’s nearby
SchoolsNo schools within 2km · Library 1.4km away
HealthcareHospital 1.2km away · 1 clinic within 1km · Pharmacy within 500m
LifestylePark 1.5km away · 15+ restaurants and cafes within 1km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Convenience store within 500m · Bank 586m away
Getting around
Expressway 3.7 km · Dabaspete - Hosur HighwayPrimary road 15 m · Sarjapura RoadNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 204 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹35.00 Cr declared. What that works out to:
₹1,619/sq ftof plotted area₹17,429/sq m
80%of the cost is land₹1,295/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.
₹15,050per sq yd
₹18,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for “Chikkanagamangala”.
- In force
- effective Oct 2023
- Spread
- ₹14,883 – ₹15,050 per sq yd across the places it was taken over
This filing declares ₹17,429 per sq m of plotted area — 0.97× 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 locality, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planLayout Permit
The promised possession date (30 Nov 2022) 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
BDA
Urban Development Authority · Bangalore Development AuthorityHas approved 830 RERA projects — about 1 in 11 in Karnataka.
an apartments market — 73% apartments · 27% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.
- Builders
- 626
- On record
- 82,843 flats · 16,515 plots
- Reach
- 13 taluks
- Since
- 2017
More apartment-heavy than Karnataka overall — 73% 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 recordComplaints before RERA Karnataka
1 complaint · 1 disposed · 0 open
A disposed complaint may have been resolved for or against the builder, and only disputes escalated to RERA Karnataka appear here at all.
| Number | Date | Status | |
|---|---|---|---|
| CMP/210917/0008345 | Denied in refunding the booking amount. | 17 Sep 2021 | Disposed — authority bench 5 |
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 km183 plotted projects still under way within 25 km. Step out ring by ring:
1 project within 1 km — showing the nearest 1.
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.