HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
60 units
Unit mix
30 × 2 BHK · 30 × 3 BHK
Towers
1
Floors
6
Land area
2,729 sq m
Built-up area
9,005 sq m
FAR sanctioned
2.5
Covered area
1,398 sq m
Open area
1,331 sq m
Garage area
1,899 sq m

Timeline

Project startedFeb 2024
RERA registeredMay 2024
Proposed completionMar 2027
TodayJul 2026
Construction progress

83% overall, as filed

Amenities21%
Finishing42%
External infra44%
Common areas48%
Internal infra90%
Sub-structure100%
Super-structure100%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

60 units across 2 batches
TypeArea sq mCount
2 BHK7730
3 BHK10530

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

MEGA BUILDERS

Partnership FirmPromoter type
Bengaluru UrbanBased in
6Projects
4Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
70 homes · 437 plotson the public record across 6 projects
10,586 sq mbuilt-up filed
3,286 sq mland declared
₹84.69 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
IndoreTown & Country Planning (DTCP)3 of 6 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporationthis project1 of 6 projects
Commissioner, ULBMunicipal / Corporation1 of 6 projects
Dr. Ambedkar Nagar (Mhow)Town & Country Planning (DTCP)1 of 6 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. 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 South
District
Bengaluru Urban
Pincode
560058
Address
Site No. 39 , S.R.S. Road , Bengaluru South , Bengaluru Urban, Karnataka - 560058
North boundary
Government School / Private Property
East boundary
Private Property / Sharavathy Receiving Station
South boundary
S.R.S. Road
West boundary
Private Property / Remaining Portion of Sy. No. 72/2
What’s nearby
Schools2 schools within 500m · 3 educational institutions within 1km · College or university 873m away
HealthcareHospital 895m away · Clinic within 2km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 1.8km away · 6 restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Convenience store within 500m · Bank 696m away
Getting around
Expressway 107 m · Tumkur RoadPrimary road 2.6 kmRailway line 1.6 kmMetro station 422m away (Peenya Industry)4 bus stops within 500m
Price analysisdeclared build cost — not a sale price

₹56.17 Cr declared to build 60 flats. What that works out to:

₹93.62 Lakhdeclared cost per flatall-in — land + construction
₹5,795/sq ftof built-up area₹62,379/sq m
39%of the cost is land₹7,433/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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
approved 15 Feb 2024 · 2 yrs ago
Building Permit no. BBMP/Addl.Dir/JDSOUTH/0055/22-23
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.

Verify it yourself — look up plan BBMP/Addl.Dir/JDSOUTH/0055/22-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projectsabout 1 in 4 in Karnataka, more than any other body in the state.

an apartments market100% 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.