DevanahalliPlotted Development
MAHARAJA IKON PARK
SAMVIR ESTATES LIMITED LIABILITY PARTNERSHIP
Jun 2024started
May 2026target completion
Declared cost₹48.84 CrScale135 plotsAuthorityRERA Karnataka
URBIAN PEARLS
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- URBIAN PEARLS
- Plots
- 83 plots
- Land area
- 21,852 sq m
- Covered area
- 21,852 sq m
- Open area
- 2,190 sq m
- Garage area
- 11,172 sq m
Timeline
Project startedAug 2019
RERA registeredSep 2019
Proposed completionAug 2021
TodaySep 2026
Find your plot
Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.
UnitTypeTotal sq m
1Plot1629.63
2Plot1417.35
3Plot1417.31
4Plot1417.28
5Plot1417.25
6Plot1417.21
7Plot1417.18
8Plot1417.14
9Plot1417.11
10Plot1417.08
11Plot1417.04
12Plot1417.01
13Plot1414.22
14Plot1400.97
15Plot1386.70
16Plot1372.43
17Plot1934.18
18Plot1622.13
19Plot1500
20Plot1500
21Plot1500
22Plot1500
23Plot1500
24Plot1500
25Plot1500
26Plot1500
27Plot1500
28Plot1500
29Plot1500
30Plot1500
31Plot1500
32Plot1500
33Plot1500
34Plot1579.82
35Plot938.56
36Plot1200
37Plot1200
38Plot1200
39Plot1200
40Plot1200
41Plot1200
42Plot1200
43Plot1200
44Plot1200
45Plot1200
46Plot1200
47Plot1200
48Plot1200
49Plot1200
50Plot1200
51Plot1306.53
52Plot1976.16
53Plot1500
54Plot1500
55Plot1500
56Plot1500
57Plot1500
58Plot1500
59Plot1500
60Plot1500
61Plot1659.85
62Plot1200
63Plot1200
64Plot1500
65Plot1500
66Plot1500
67Plot1500
68Plot1500
69Plot1500
70Plot1500
71Plot1500
72Plot1991.66
73Plot1500
74Plot1500
75Plot1500
76Plot1500
77Plot1500
78Plot1500
79Plot1500
80Plot1500
81Plot1500
82Plot1500
83Plot2598.43
Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.
02
Builder’s track record
RERA Karnataka · Builder registrationAkula Vanaja
Bengaluru UrbanBased in
1Projects
1City
2019–2021Active
Timelineevery project, start → promised completion
The only project Horizon has read from this builder 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
- Devanahalli
- District
- Bengaluru Urban
- Address
- Sy No 63/2 and 64/4, Boodihala Village Kasaba Hobli Devanahalli Taluk
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away
LifestyleNo parks within 2km · 7 restaurants and cafes within 1km
ShoppingSupermarket 285m away
Getting around
Expressway 1.2 km · Devanahalli BypassPrimary road 348 m · Dabaspete - Hosur HighwayRailway line 2.0 kmRailway station 2.0km away (Devanahalli)Bus stop within 1km
Water & environment
Water body 219 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹14.00 Cr declared to build 83 plots. What that works out to:
₹16.87 Lakhdeclared cost per plotall-in — land + construction
₹595/sq ftof plotted area₹6,407/sq m
71%of the cost is land₹425/sq ft of land
This is what the builder 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
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettesIn Karnataka it’s called the guidance value.
₹10,452per sq yd
₹12,500per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for the village of “BHOODIHALA”.
- In force
- effective Oct 2023
- Spread
- ₹4,181 – ₹10,452 per sq yd across the places it was taken over
This filing declares ₹6,407 per sq m of plotted area — 0.51× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
- The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planLayout Permit
The promised possession date (13 Aug 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
An approved 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 approved plan carries penalty or demolition risk.
The approving body, at scale
Local Planning Authority
Town & Country PlanningHas approved 1,518 RERA projects — about 1 in 6 in Karnataka.
a mixed market — 42% 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km189 plotted projects still under way within 25 km. Step out ring by ring:
Of the 122 projects the radar draws within 6 km — every kind, every stage — 33 are plotted projects still under way. This list keeps only those, and looks further out.
4 projects within 1 km — showing the nearest 4.
DevanahalliPlotted Development
Niva Earthscape
Gogineni Kamalendra Kumar
Jul 2024started
Mar 2027target completion
Declared cost₹60.47 CrScale135 plotsAuthorityRERA Karnataka
DevanahalliPlotted Development
MERUSRI SWAMY ORCHARDS
MERUSRI DEVELOPERS
Jul 2024started
Mar 2030target completion
Declared cost₹33.30 CrScale119 plotsAuthorityRERA Karnataka
DevanahalliPlotted Development
Elite Park Phase 2
Elite Estates
Sep 2022started
Dec 2026target completion
Declared cost₹8.27 CrScale94 plotsAuthorityRERA Karnataka
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.