HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
4
Land area
10,298 sq m
FAR sanctioned
2.75
Covered area
2,506 sq m
Open area
7,792 sq m
Garage area
2,800 sq m

Timeline

Project startedFeb 2018
RERA registeredMay 2019
Proposed completionDec 2022
TodayJul 2026
Construction progress

91% overall, as filed

External infra88%
Finishing89%
Internal infra89%
Super-structure90%
Common areas97%
Amenities99%
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

SIPANI PROPERTIES PVT LTD

Bengaluru UrbanBased in
7Projects
2Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
771 homeson the public record across 7 projects
95,204 sq mbuilt-up filed
1,26,740 sq mland declared
₹793.14 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
BMRDA - Bangalore Metropolitan Region Development AuthorityUrban Development Authoritythis project5 of 7 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporation1 of 7 projects
BDA - Bangalore Development AuthorityUrban Development Authority1 of 7 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
Anekal
District
Bengaluru Urban
Pincode
560043
Address
Address of project: Sy No. 309, & 311/1 of Marsur village, kasaba Hobli, , Anekal Taluk, Bangalore -560099
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.4 kmPrimary road 4.1 km · Attibele-Anekal RoadRailway line 522 m · Bangalore-SalemRailway station 4.8km away (Anekal Road)Bus stop within 1km
Water & environment
Water body 602 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4,748 declared. What that works out to:

163774%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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 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

BMRDA

Urban Development Authority · Bangalore Metropolitan Region Development Authority

Has approved 550 RERA projectsabout 1 in 16 in Karnataka.

a mixed market46% apartments · 54% plotted layouts.

Builders
441
On record
16,246 flats · 16,792 plots
Reach
14 taluks
Since
2017

More layout-heavy than Karnataka overall — 54% 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

1 complaint on RERA Karnataka’s register for this project 2 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.