HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
1,117 sq m
FAR sanctioned
1.75
Covered area
670 sq m
Open area
447 sq m

Timeline

Project startedJan 2021
RERA registeredMay 2022
Proposed completionDec 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Spacios Builders LLP

Bengaluru UrbanBased in
1Projects
1City
2022–2023Active
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 North
District
Hyderabad
Pincode
500008
Address
Khata no. 4/04, Survey No. 121 , Horamavu, Ward No 25, Bangalore
What’s nearby
Schools2 schools within 1km · College or university 1.7km away
HealthcareHospital 811m away · 4 clinics within 1km
LifestylePark 589m away · Gym or sports centre 924m away · 5 restaurants and cafes within 1km
ShoppingSupermarket 770m away · Bank 648m away · ATM within 500m
Getting around
Expressway 1.2 km · Outer Ring RoadPrimary road 1.6 km · Banaswadi Main RoadRailway line 814 mRailway station 1.5km away (Channasandra)Bus stop within 1km
Water & environment
Water body 225 m · Horamavu Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.00 Cr declared. What that works out to:

44%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

BDA - Bangalore Development Authority

Urban Development Authority
Building Permit

The promised possession date (30 Dec 2023) 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

BDA

Urban Development Authority · Bangalore Development Authority

Has approved 830 RERA projectsabout 1 in 11 in Karnataka.

an apartments market73% apartments · 27% plotted layouts. Apartments like yours are this body's core business.

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.

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.