HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
3,237 sq m
FAR sanctioned
1.999
Covered area
1,827 sq m
Open area
1,409 sq m

Timeline

Project startedJul 2017
RERA registeredJan 2020
Proposed completionJun 2022
TodayJul 2026
Construction progress

60% overall, as filed

Amenities0%
External infra7%
Finishing19%
Internal infra20%
Common areas30%
Super-structure55%
Sub-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.
02

Builder’s track record

RERA Karnataka · Promoter registration

ASIT MAVJIBHAI LAKUM

IndividualPromoter type
Bengaluru Rural, KarnatakaBased in
1Projects
1City
2020–2022Active
Timelineevery project, start → promised completion
SEASONS AVENUE

SEASONS AVENUE

this project
Residential/Group Housing
Jul 2017started
Jun 2022target completion
₹14.90 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 North
District
Ahmedabad
Pincode
380055
Address
SY.NO. 150/3, SURDENPURA VILLAGE, HESARGHATTA HOBLI, SY.NO. 150/3, SURDENPURA VILLAGE, HESARGHATTA HOBLI
Price analysisdeclared build cost — not a sale price

₹14.90 Cr declared. What that works out to:

22%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

BIAPPA - Bangalore Airport Area Planning Authority

Urban Development Authority
Building Permit

The promised possession date (30 Jun 2022) 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

BIAPPA

Urban Development Authority · Bangalore Airport Area Planning Authority

Has approved 328 RERA projects — 3.8% of Karnataka.

a plotted-layout market — 30% apartments · 70% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
236
On record
20,448 flats · 19,692 plots
Reach
8 taluks
Since
2017

More layout-heavy than Karnataka overall — 70% 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

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.