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SGM PETALS

PRM/KA/RERA/1251/308/PR/200811/003522 · RERA Karnataka · https://gethorizon.in/projects/sgm-petals-anekal-a0o7a2px

01

Complete project overview

RERA Karnataka · Registration filing
Project name
SGM PETALS
Land area
1,229 sq m
Covered area
597 sq m
Open area
632 sq m

Timeline

Project startedJun 2020
RERA registeredAug 2020
Proposed completionDec 2023
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

S G M DEVELOPERS

Bengaluru UrbanBased in
1Projects
1City
2020–2023Active
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
Anekal
District
Bengaluru Urban
Pincode
560020
Address
Kudlu, Sarjapura Hobli,, Anekal Taluk
What’s nearby
SchoolsNo schools within 2km · Library 1.4km away
HealthcareHospital 1.2km away · 1 clinic within 1km · Pharmacy within 500m
LifestylePark 1.5km away · 15+ restaurants and cafes within 1km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Convenience store within 500m · Bank 586m away
Getting around
Expressway 3.7 km · Dabaspete - Hosur HighwayPrimary road 15 m · Sarjapura RoadNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 204 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹11.00 Cr declared. What that works out to:

36%of the cost is 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 Department of Stamps & Registration — 2023-24 guidance-value gazettes

In Karnataka it’s called the guidance value.

₹25,920per sq yd
₹31,000per sq m
Which rate
site (guidance value)
Matched to
The rate published for “Kudlu”.
In force
effective Oct 2023
Spread
₹25,753₹25,920 per sq yd across the places it was taken over

What this number is — and isn’t

  • The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Karnataka · Approved building plan

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (30 Dec 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

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

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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

817 residential projects still under way within 25 km. Step out ring by ring:

14 projects within 1 km — showing the nearest 6.

AnekalResidential/Group Housing

MILLENIA MUTHANALLUR

Nambiar Enterprises LLP

Nov 2021started
Nov 2026target completion
no escrow declaredDeclared cost₹138.99 CrAuthorityRERA Karnataka
AnekalApartment

AURA

SKR BUILDERS AND DEVELOPERS

Apr 2023started
Mar 2026target completion
Declared cost₹22.39 CrScale56 flatsAuthorityRERA Karnataka
AnekalApartment

SRI SAI NANDANA CRYSTAL

SRI SAI NANDANA BUILDERS

Jul 2025started
Dec 2030target completion
Declared cost₹34.39 CrScale44 flatsAuthorityRERA Karnataka
AnekalMixed Development

Confident Mayfair

DJ PROJECTS PRIVATE LIMITED

Feb 2022started
Feb 2027target completion
no escrow declaredDeclared cost₹78.96 CrScale103 flatsAuthorityRERA Karnataka
AnekalApartment

SRI SAI VIHAR

SRI SAI VENTURES

Nov 2023started
Nov 2028target completion
Declared cost₹19.42 CrScale88 flatsAuthorityRERA Karnataka
AnekalApartment

Fernvale @ The Prestige City

PRESTIGE PROJECTS PRIVATE LIMITED

Apr 2026started
Mar 2030target completion
Declared cost₹476.65 CrScale387 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.