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ROYAL IRIS

PRM/KA/RERA/1265/339/PR/181103/002129 · RERA Karnataka · https://gethorizon.in/projects/royal-iris-kolar-254vth6i

01

Complete project overview

RERA Karnataka · Registration filing
Plots
44 plots
Land area
10,041 sq m
Covered area
5,193 sq m
Open area
4,848 sq m

Timeline

Project startedSep 2018
RERA registeredNov 2018
Proposed completionSep 2020
TodaySep 2026

Find your plot

Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeTotal sq m
1Plot148.65
2Plot148.65
3Plot111.48
4Plot111.48
5Plot
6Plot
7Plot111.48
8Plot111.48
9Plot111.48
10Plot111.48
11Plot111.48
12Plot111.48
13Plot111.48
14Plot
15Plot
16Plot111.48
17Plot111.48
18Plot111.48
19Plot111.48
20Plot111.48
21Plot111.48
22Plot111.48
23Plot111.48
24Plot
25Plot
26Plot111.48
27Plot111.48
28Plot111.48
29Plot111.48
30Plot111.48
31Plot111.48
32Plot111.48
33Plot111.48
34Plot
35Plot
36Plot
37Plot
38Plot
39Plot
40Plot
41Plot
42Plot
43Plot
44Plot

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Karnataka · Builder registration

B R LAKSHMI

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2018–2020Active
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
Kolar
District
Kolar
Address
SY NO 45/1, 45/3, KUMBARAHALLI VILLAGE
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 687m away
Getting around
Expressway 232 m · Old Madras RoadPrimary road 2.1 km · Kolar Bethamangala RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 2.8 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹97.50 Lakh declared to build 44 plots. What that works out to:

₹2.22 Lakhdeclared cost per plotall-in — land + construction
₹90/sq ftof plotted area₹971/sq m
13%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 registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

Kolar Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (4 Sep 2020) 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

Kolar Urban Development Authority

Urban Development Authority

Has approved 57 RERA projects0.7% of Karnataka.

a plotted-layout market4% apartments · 96% plotted layouts. Your plotted layout is this body's core business.

Builders
47
On record
0 flats · 5,297 plots
Reach
6 taluks
Since
2017

More layout-heavy than Karnataka overall — 96% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

29 plotted projects still under way within 25 km. Step out ring by ring:

Of the 19 projects the radar draws within 6 km — every kind, every stage — 10 are plotted projects still under way. This list keeps only those, and looks further out.

6 projects between 1 and 3 km — showing the nearest 6.

1.3 km awayPlotted Development

INCHARA ROYAL ENCLAVE

SIDDALINGAIAH B · Kolar

Sep 2025started
Dec 2027target completion
Declared cost₹1.07 CrScale31 plotsAuthorityRERA Karnataka
1.7 km awayPlotted Development

VMS LOTUSCITY PHASE-2A

VM BUILDER AND DEVELOPERS · Kolar

Jun 2024started
Dec 2027target completion
Declared cost₹7.75 CrScale57 plotsAuthorityRERA Karnataka
1.7 km awayPlotted Development

V M s Lotus city Phase-2B

VM BUILDER AND DEVELOPERS · Kolar

Apr 2024started
Dec 2027target completion
Declared cost₹4.16 CrScale33 plotsAuthorityRERA Karnataka
1.7 km awayPlotted Development

VMS LOTUSCITY-2C

VM BUILDER AND DEVELOPERS · Kolar

Jan 2025started
Dec 2027target completion
Declared cost₹10.84 CrScale126 plotsAuthorityRERA Karnataka
1.7 km awayPlotted Development

VMS LOTUSCITY PHASE-3

VM BUILDER AND DEVELOPERS · Kolar

Nov 2025started
Dec 2030target completion
Declared cost₹20.64 CrScale132 plotsAuthorityRERA Karnataka
2.3 km awayPlotted Development

SWARNAGRIHA NOVA GREENS

FELICITY ADOBE LLP · Kolar

Jul 2025started
Jun 2027target completion
Declared cost₹3.72 CrScale70 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.