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Someshwara Layout

PRM/KA/RERA/1251/310/PR/200515/003404 · RERA Karnataka · https://gethorizon.in/projects/someshwara-layout-bengaluru-south-zuu96nzm

01

Complete project overview

RERA Karnataka · Registration filing
Project name
Someshwara Layout
Land area
3,844 sq m
Covered area
1,947 sq m
Open area
1,896 sq m

Timeline

Project startedApr 2018
RERA registeredMay 2020
Proposed completionApr 2021
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

T.R. SHARADAMMA

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–2021Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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 South
District
Bengaluru Urban
Address
Sulikere Village, Kengeri Hobli, Bengaluru, Bengaluru South Taluk,
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

₹4.24 Cr declared. What that works out to:

₹1,024/sq ftof plotted area₹11,021/sq m
75%of the cost is land₹765/sq ft of land

This is what the builder 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

Government Guidance Rate

Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes

In Karnataka it’s called the guidance value.

₹20,903per sq yd
₹25,000per sq m
Which rate
site (guidance value)
Matched to
The rate published for “Sulikere”.
In force
effective Oct 2023

This filing declares ₹11,021 per sq m of plotted area — 0.44× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

  • The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Karnataka · Approved building plan

BDA - Bangalore Development Authority

Urban Development Authority
Layout Permit

The promised possession date (10 Apr 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

An approved 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 approved 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. Layouts like yours are the smaller share here — this body mostly approves apartments.

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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

177 plotted projects still under way within 25 km. Step out ring by ring:

Of the 467 projects the radar draws within 6 km — every kind, every stage — 4 are plotted projects still under way. This list keeps only those, and looks further out.

4 projects between 3 and 6 km — showing the nearest 4.

Bengaluru SouthPlotted Development

ASPIRE CALIXIA

M/S. ASPIRE REAL

Sep 2024started
Mar 2028target completion
Declared cost₹13.50 CrScale34 plotsAuthorityRERA Karnataka
Bengaluru SouthPlotted Development

Singasandra AEHBCS Layout

The Aircraft Employees House Building Co-operative society Limited

Feb 2023started
Dec 2028target completion
Declared cost₹57.25 CrScale72 plotsAuthorityRERA Karnataka
Bengaluru SouthPlotted Development

Singasandra AEHBCS Layout

The Aircraft Employees House Building Co-operative society Limited

Dec 2024started
Dec 2028target completion
Declared cost₹50.41 CrScale82 plotsAuthorityRERA Karnataka
Bengaluru SouthPlotted Development

Akshaya Meadows

M/s Akshaya Meadows

Jun 2024started
Apr 2026target completion
Declared cost₹11.04 CrScale21 plotsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.