HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
2,478 sq m
FAR sanctioned
2.25
Covered area
5,950 sq m
Open area
1,641 sq m
Garage area
797 sq m

Timeline

Project startedOct 2019
RERA registeredDec 2019
Proposed completionOct 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SRI BALAJI SHELTERS REP BY V Ramesh & G Devarajulu

Bengaluru UrbanBased in
1Projects
1City
2019–2021Active
Timelineevery project, start → promised completion
SRI BALAJI EMERALD

SRI BALAJI EMERALD

this project
Residential/Group Housing
Oct 2019started
Oct 2021target completion
₹15.51 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
Pincode
560038
Address
Survey No 11 12 Thanisandra Village , K R Puram Hobli Bangalore East Taluk
What’s nearby
Schools2 schools within 1km · 4 educational institutions within 1km · Kindergarten within 500m
HealthcareHospital 480m away · Clinic within 2km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 588m away · 28+ restaurants and cafes within 1km
ShoppingSupermarket 734m away · Convenience store within 500m · Bank 426m away
Getting around
Expressway 1.3 km · Outer Ring RoadPrimary road 415 m · Thanisandra Main RoadRailway line 1.0 kmRailway station 4.5km away (Hebbal)3 bus stops within 500m
Water & environment
Water body 497 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹15.51 Cr declared. What that works out to:

35%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 (3 Oct 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 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.

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the register — a private disagreement never filed here would not. A count from the public record, not a verdict.

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.