HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
7
Land area
27,518 sq m
FAR sanctioned
2.749
Covered area
6,277 sq m
Open area
21,240 sq m

Timeline

RERA registeredSep 2021
Project startedNov 2021
Proposed completionFeb 2025
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Prestige Projects Private Limited

Bengaluru UrbanBased in
14Projects
4Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
9,403 homeson the public record across 14 projects
21,30,625 sq mbuilt-up filed
3,23,950 sq mplotted area
15,63,456 sq mland declared
₹12412.64 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
BMRDA - Bangalore Metropolitan Region Development AuthorityUrban Development Authoritythis project8 of 14 projects
Anekal Planning AuthorityTown & Country Planning (DTCP)2 of 14 projects
Municipal Corporation of Greater MumbaiMunicipal Corporation2 of 14 projects
BDA - Bangalore Development AuthorityUrban Development Authority1 of 14 projects
Greater Hyderabad Municipal Corporation (GHMC)Municipal / Corporation1 of 14 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
Anekal
District
Bengaluru Urban
Pincode
560001
Address
The Prestige City, Avalon Park-apartments situated at Sy.Nos.54 (P)55-58, 62, 63/1 to 63/8, 59/3 and 59/4 of Valagere Kallahalli Village, Near yamare Panchayath Office, Sarjapura Hobli, Anekal Taluk, Bangalore
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 80m away · Clinic within 2km · Pharmacy within 500m
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 256m away
Getting around
Primary road 53 m · Anekal-Hosur roadRailway line 1.6 km · Bangalore-SalemRailway station 2.0km away (Anekal Road)2 bus stops within 500m
Water & environment
Water body 567 m · Chikkakere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹833.12 Cr declared. What that works out to:

39%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

BMRDA - Bangalore Metropolitan Region Development Authority

Urban Development Authority
Building Permit

The promised possession date (20 Feb 2025) 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

3 complaints on RERA Karnataka’s register for this project 0 disposed, 3 still open.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.