1.9 km awayPlotted Development
GRAND ICON 3
ICON INFRA SHELTERS INDIA PVT LTD · Anekal
May 2023started
Apr 2026target completion
Declared cost₹41.99 CrScale80 plotsAuthorityRERA Karnataka
RNS Project
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- RNS Project
- Land area
- 31,363 sq m
- Covered area
- 17,242 sq m
- Open area
- 14,121 sq m
Timeline
Project startedNov 2019
RERA registeredMar 2020
Proposed completionDec 2022
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationRadha D/o Muniyappa
IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–2022Active
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
- 560099
- Address
- Sy No. 157 and 158, Rachamanahalli Village , Anekal Taluk, Attibele Hobli
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 975m away · 1 clinic within 1km
LifestylePark 2.0km away · 5 restaurants and cafes within 1km
ShoppingSupermarket 1.9km away · Bank 746m away
Getting around
Expressway 1.0 kmRailway line 3.7 km · Bangalore-Salem railwayMetro station 1.2km away (Delta Electronics Bommasandra)Limited bus connectivity nearby
Water & environment
Water body 1.5 km · Hebbagodi Lake
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹9.97 Cr declared. What that works out to:
₹295/sq ftof plotted area₹3,178/sq m
4%of the cost is land₹12/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.
₹5,853per sq yd
₹7,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for the village of “Rachamanahalli”.
- In force
- effective Oct 2023
- Spread
- ₹5,769 – ₹5,853 per sq yd across the places it was taken over
This filing declares ₹3,178 per sq m of plotted area — 0.45× 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 village, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planLayout Permit
The promised possession date (31 Dec 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
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. Layouts like yours are the smaller share here — this body mostly approves apartments.
- 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 km158 plotted projects still under way within 25 km. Step out ring by ring:
Of the 259 projects the radar draws within 6 km — every kind, every stage — 32 are plotted projects still under way. This list keeps only those, and looks further out.
2 projects between 1 and 3 km — showing the nearest 2.
2.1 km awayPlotted Development
ICON CALISTA
ICON HOMZ LLP · Anekal
Jul 2023started
Jun 2026target completion
Declared cost₹5.20 CrScale50 plotsAuthorityRERA 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.