HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
3,845 sq m
Covered area
8,834 sq m
Open area
600 sq m

Timeline

Project startedNov 2016
RERA registeredOct 2017
Proposed completionJun 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SIGNIFA DEVELOPERS

Bengaluru UrbanBased in
1Projects
1City
2017–2018Active
Timelineevery project, start → promised completion
SIGNIFA SPRINGS

SIGNIFA SPRINGS

this project
Residential/Group Housing
Nov 2016started
Jun 2018target completion
₹18.27 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 East
District
Bengaluru Urban
Address
73/1,73/4,74/3, Panathur, marathahalli,
What’s nearby
SchoolsNearest school 1.4km away · College or university 1.3km away
HealthcareHospital 330m away · 5 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 295m away · 34+ restaurants and cafes within 1km
ShoppingSupermarket 87m away · Convenience store within 1km · Bank 756m away
Getting around
Expressway 713 mPrimary road 782 m · Kadabeesanahalli Main RoadRailway line 622 m · Bangalore-Salem railwayRailway station 597m away (Belandur Road)Bus stop within 500m
Price analysisdeclared build cost — not a sale price

₹18.27 Cr declared. What that works out to:

7%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 2018) 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 projects — about 1 in 4 in Karnataka, more than any other body in the state.

an apartments market — 100% 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.

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.
  • Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.