HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
1,526 sq m
FAR sanctioned
2
Covered area
652 sq m
Open area
874 sq m

Timeline

Project startedAug 2020
RERA registeredMar 2021
Proposed completionAug 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Right Properties INc

Bengaluru UrbanBased in
1Projects
1City
2021–2022Active
Timelineevery project, start → promised completion

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
Anekal
District
Bengaluru Urban
Pincode
560064
Address
Site No. 43, 44 and 48, Sreenidhi Sacred Springs, Lakshmi Sagar Village, Attibele Hobli
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 172m away · 3 clinics within 1km
LifestyleNo parks within 2km · 4 restaurants and cafes within 1km
ShoppingNo supermarket within 2km
Getting around
Expressway 13 mPrimary road 13 mNo metro or railway within 5km3 bus stops within 500m
Water & environment
Water body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹52.83 Lakh declared. What that works out to:

243%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

Local Planning Authority

Town & Country Planning (DTCP)
Building Permit

The promised possession date (16 Aug 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

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

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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

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.