HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
11
Land area
48,364 sq m
FAR sanctioned
2.24
Covered area
18,038 sq m
Open area
30,326 sq m

Timeline

Project startedMar 2018
RERA registeredMay 2018
Proposed completionJan 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SALARPURIA HOUSING PRIVATE LIMITED

Bengaluru UrbanBased in
1Projects
1City
2018–2023Active
Timelineevery project, start → promised completion
SALARPURIA SATTVA MISTY CHARM

SALARPURIA SATTVA MISTY CHARM

this project
Residential/Group Housing
Mar 2018started
Jan 2023target completion
₹243.60 Cr

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
560011
Address
residentially converted land bearing land bearing Sy No.10/3, measuring 03 Acres 33.04 Guntas, Sy No.11/1, measuring 05 Acres 31 Guntas, , Sy No.11/2, measuring 01 Acre 14 Guntas total extent 10 Acres 38.04 Guntas in Mallasandra Village, Uttarahalli Hobli
Price analysisdeclared build cost — not a sale price

₹243.60 Cr declared. What that works out to:

31%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

BDA - Bangalore Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Jan 2023) 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

BDA

Urban Development Authority · Bangalore Development Authority

Has approved 830 RERA projects — about 1 in 11 in Karnataka.

an apartments market — 73% apartments · 27% plotted layouts. Apartments like yours are this body's core business.

Builders
626
On record
82,843 flats · 16,515 plots
Reach
13 taluks
Since
2017

More apartment-heavy than Karnataka overall — 73% 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

1 complaint on RERA Karnataka’s register for this project — 0 disposed, 1 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.