HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
3
Land area
15,073 sq m
FAR sanctioned
48949
Covered area
4,033 sq m
Open area
10,498 sq m

Timeline

Project startedJan 2017
RERA registeredOct 2017
Proposed completionJun 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SHRIPROP PROJECTS PRIVATE LIMITED

Bengaluru UrbanBased in
2Projects
1City
2017–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
30,147 sq mland declared
₹396.93 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.

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 South
District
Bengaluru Urban
Pincode
560009
Address
Sy. Nos. 39, 40, 41 & 42/3A, Municipal No.243/254/41, 1 to 9/83/93 to 101 of Jaranganahalli Village, Uttarahalli Hobli, Bangalore South Taluk, Bangalore District, Karnataka
What’s nearby
Schools4 schools within 500m · 15 educational institutions within 1km · College or university 582m away
HealthcareHospital 70m away · 15 clinics within 1km · Pharmacy within 500m
LifestylePark 548m away · Gym or sports centre 157m away · 81+ restaurants and cafes within 1km
ShoppingSupermarket 83m away · Mall 316m away · Convenience store within 500m
Getting around
Expressway 801 m · Marenahalli RoadPrimary road 100 m · Marenahalli RoadMetro station 452m away (Ragigudda)11 bus stops within 500m
Water & environment
Water body 313 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹346.78 Cr declared. What that works out to:

30%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 Jun 2021) 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

17 complaints on RERA Karnataka’s register for this project 34 disposed.

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.