HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
4,934 sq m
FAR sanctioned
1.75
Covered area
2,340 sq m
Open area
2,594 sq m
Garage area
303 sq m

Timeline

Project startedOct 2015
RERA registeredOct 2017
Proposed completionSep 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Shri Shabari Infrastructures

Bengaluru UrbanBased in
1Projects
1City
2017–2018Active
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
Bengaluru South
District
Bengaluru Urban
Pincode
560080
Address
Srirampura, Kyalasanahalli, Jigani Hobli, Anekal Taluk
What’s nearby
Schools1 school within 500m · 4 educational institutions within 1km · College or university 809m away
HealthcareHospital 167m away · 5 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.0km away · 29+ restaurants and cafes within 1km
ShoppingSupermarket 632m away · Mall 1.6km away · Convenience store within 1km
Getting around
Expressway 120 m · BGS FlyoverPrimary road 82 m · Kalasipalya Main RoadRailway line 1.2 kmMetro station 385m away (Krishna Rajendra Market)7 bus stops within 500m
Water & environment
Water body 489 m · K100
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.65 Cr declared. What that works out to:

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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Building Permit

The promised possession date (30 Sep 2018) 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

BMRDA

Urban Development Authority · Bangalore Metropolitan Region Development Authority

Has approved 550 RERA projectsabout 1 in 16 in Karnataka.

a mixed market46% apartments · 54% plotted layouts.

Builders
441
On record
16,246 flats · 16,792 plots
Reach
14 taluks
Since
2017

More layout-heavy than Karnataka overall — 54% 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.