HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
95 units
Unit mix
64 × 2BHK · 15 × 3BHK · 11 × 1BHK · 5 × 2.5 BHK
Towers
1
Floors
4
Land area
5,816 sq m
Built-up area
12,532 sq m
FAR sanctioned
8742
Covered area
1,907 sq m
Open area
3,909 sq m
Land parcels
1 survey no

Timeline

Project startedJul 2022
RERA registeredAug 2023
Proposed completionSep 2024
TodayJul 2026

Find your flat

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

95 units across 4 batches
TypeArea sq mCount
2BHK7464
1BHK6811
3BHK6115
2.5 BHK945

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

SAI BALAJI SHELTERS

Partnership FirmPromoter type
Bengaluru UrbanBased in
1Projects
1City
2023–2024Active
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
Bengaluru South
District
Bengaluru Urban
Pincode
560100
Address
56/2, 4th Cross, Royal County Layout, , Opp to AECS layout A Block, Parappana Agrahara, , Bengaluru South , Bengaluru Urban, Karnataka - 560100
North boundary
Property bearing Sy.No.57,
East boundary
Property bearing Sy.No.55,
South boundary
Property bearing Sy.No.59, Road
West boundary
Road and Royal county Layout,
What’s nearby
Schools2 schools within 500m · 7 educational institutions within 1km · College or university 1.5km away
HealthcareHospital 555m away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 4 restaurants and cafes within 1km
ShoppingSupermarket 1.0km away · Bank 743m away
Getting around
Expressway 860 mPrimary road 4.6 km · Sarjapura RoadMetro station 885m away (Hosa Road)Bus stop within 1km
Water & environment
Water body 504 m · Parappana Agrahara Lake
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹33.51 Cr declared to build 95 flats. What that works out to:

₹35.28 Lakhdeclared cost per flatall-in — land + construction
₹2,484/sq ftof built-up area₹26,741/sq m
6%of the cost is land₹319/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 4 Jul 2022 · 4 yrs ago
Building Permit no. BBMP/ADDL.DIR/JDSOUTH/0061/19-20Survey no. 56/2

The promised possession date (30 Sep 2024) 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.

Verify it yourself — look up plan BBMP/ADDL.DIR/JDSOUTH/0061/19-20 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.

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.
  • Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.