HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
2,132 sq m
FAR sanctioned
1.5
Covered area
938 sq m
Open area
1,194 sq m

Timeline

Project startedJun 2017
RERA registeredNov 2018
Proposed completionDec 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

RAKER INFRASTRUCTURE LLP

MysoreBased in
1Projects
1City
2018–2019Active
Timelineevery project, start → promised completion

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
MYSORE
District
Bengaluru Urban
Pincode
560020
Address
1024 1 Jayalakshmi Vilas Road, Chamarajapuram
What’s nearby
Schools5 schools within 1km · 7 educational institutions within 1km · College or university 392m away
HealthcareHospital 315m away · 7 clinics within 1km · Pharmacy within 1km
LifestylePark 814m away · Gym or sports centre 1.3km away · 21+ restaurants and cafes within 1km
ShoppingSupermarket 713m away · Mall 1.3km away · Bank 540m away
Getting around
Expressway 3.7 km · Ring RoadPrimary road 306 m · Ramaswamy CircleRailway line 420 mRailway station 494m away (Chamarajapuram)5 bus stops within 500m
Water & environment
Water body 1.4 km · Kukkarahalli Kere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹18.55 Cr declared. What that works out to:

47%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

Mysuru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 2019) 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

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projectsabout 1 in 20 in Karnataka.

a plotted-layout market14% apartments · 86% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% 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.