HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
4
Land area
17,026 sq m
FAR sanctioned
46300
Covered area
5,576 sq m
Open area
11,450 sq m

Timeline

Project startedApr 2021
RERA registeredJul 2021
Proposed completionMar 2025
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

NEELANCHAL DWELLINGS LLP

Bengaluru UrbanBased in
1Projects
1City
2021–2025Active
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
Ramanagara
District
Bengaluru Urban
Pincode
560042
Address
Survey No 1 and Survey No 43/3, Lakshmisagara Village, Bidadi Hobli, Ramanagar Taluk
What’s nearby
Schools1 school within 1km · College or university 1.1km away
HealthcareHospital 562m away · 8 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 668m away · 28+ restaurants and cafes within 1km
ShoppingSupermarket 590m away · Convenience store within 500m · Bank 548m away
Getting around
Expressway 3.5 kmPrimary road 444 m · Banaswadi RoadRailway line 187 mRailway station 1.1km away (Banaswadi)5 bus stops within 500m
Water & environment
Water body 331 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹151.95 Cr declared. What that works out to:

9%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 (15 Mar 2025) 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

3 complaints on RERA Karnataka’s register for this project 0 disposed, 3 still open.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.