HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
17,401 sq m
Covered area
9,537 sq m
Open area
7,864 sq m

Timeline

Project startedJan 2020
RERA registeredMay 2020
Proposed completionJan 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

AK MAXX PROPERTIES

IndividualPromoter type
KarnatakaBased in
2Projects
1City
2020–2021Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
29,845 sq mplotted area
29,845 sq mland declared
₹1.73 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
Chikkaballapur Urban Development AuthorityUrban Development Authority1 of 2 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project1 of 2 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
Gudibanda
District
Bengaluru Urban
Address
SY NO 37/1,37/2,38/1 , RAMGANAHALLI VILLAGE , , SOMENAHALLI HOBLI , GUDIBANDE TALUK , CHIKKABALLAPURA DIST
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.7 km · Srinagar - Kanyakumari HighwayPrimary road 3.8 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 595 m · ChitravatiWater body 1.1 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.20 Cr declared. What that works out to:

₹64/sq ftof plotted area₹690/sq m
36%of the cost is land₹23/sq ft of 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

Local Planning Authority

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (1 Jan 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

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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

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.