HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
2
Land area
8,095 sq m
FAR sanctioned
2.25
Covered area
3,267 sq m
Open area
4,827 sq m
Garage area
5,795 sq m

Timeline

Project startedJul 2017
RERA registeredJun 2023
Proposed completionApr 2025
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SHRIRAM PROPERTIES LIMITED

Bengaluru UrbanBased in
9Projects
3Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
1,092 homeson the public record across 9 projects
2,60,907 sq mbuilt-up filed
1,31,597 sq mland declared
₹643.88 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Panchayat / Local bodyPanchayat / Local body2 of 9 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporationthis project1 of 9 projects
BDA - Bangalore Development AuthorityUrban Development Authority1 of 9 projects
BMRDA - Bangalore Metropolitan Region Development AuthorityUrban Development Authority1 of 9 projects
CMDA (Chennai Metropolitan Development Authority)CMDA (Chennai Metropolitan Development Authority)1 of 9 projects
Nelamangala Planning AuthorityTown & Country Planning (DTCP)1 of 9 projects
Poona Municipal CorporationMunicipal Corporation1 of 9 projects
Satellite Town Ring Road Planning AuthorityTown & Country Planning (DTCP)1 of 9 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Bengaluru Urban
Pincode
560080
Address
15/2 ROYAL STREET, MYDRAHALLI YESHWANTHAPURA HOBLI BBMP WARD NO 12 BANGALORE 560090
What’s nearby
SchoolsNo schools within 2km · College or university 1.6km away
HealthcareHospital 989m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.2km away
ShoppingSupermarket 293m away · Convenience store within 1km · Bank 783m away
Getting around
Expressway 3.1 km · Tumkur RoadPrimary road 1.6 km · Hesaraghatta Main RoadRailway line 468 mRailway station 1.5km away (Chikkabanavara)Bus stop within 1km
Water & environment
Water body 655 m · Kammagondanahalli Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹60.55 Cr declared. What that works out to:

17%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (30 Apr 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

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.

Complaints register

11 complaints on RERA Karnataka’s register for this project 0 disposed, 11 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.