HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
4
Land area
13,152 sq m
FAR sanctioned
2.5
Covered area
2,979 sq m
Open area
10,173 sq m
Garage area
4,868 sq m

Timeline

RERA registeredAug 2019
Project startedDec 2019
Proposed completionNov 2024
TodayJul 2026
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 Authority5 of 7 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporation1 of 7 projects
BDA - Bangalore Development AuthorityUrban Development Authoritythis project1 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
560094
Address
SYNO.83/1 and 84/1 VEERASANDRA VILLAGE, BACKSIDE OF DMAR E-CITY ATTIBELE HOBLI ANEKAL TALUK
What’s nearby
Schools2 schools within 1km · 4 educational institutions within 1km · College or university 882m away
HealthcareHospital 179m away · 1 clinic within 1km · Pharmacy within 1km
LifestylePark 1.6km away · Gym or sports centre 677m away · 37+ restaurants and cafes within 1km
ShoppingSupermarket 163m away · Convenience store within 500m · Bank 178m away
Getting around
Expressway 881 m · Bhadrappa Layout FlyoverPrimary road 1.9 km · BEL RoadRailway line 893 mRailway station 1.3km away (Lottegollahalli)3 bus stops within 500m
Water & environment
Water body 614 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹67.71 Cr declared. What that works out to:

13%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

BDA - Bangalore Development Authority

Urban Development Authority
Building Permit

The promised possession date (28 Nov 2024) 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

BDA

Urban Development Authority · Bangalore Development Authority

Has approved 830 RERA projectsabout 1 in 11 in Karnataka.

an apartments market73% apartments · 27% plotted layouts. Apartments like yours are this body's core business.

Builders
626
On record
82,843 flats · 16,515 plots
Reach
13 taluks
Since
2017

More apartment-heavy than Karnataka overall — 73% 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

1 complaint on RERA Karnataka’s register for this project 0 disposed, 1 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.