HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Plots
33 plots
Land parcels
3 survey nos

Timeline

Project startedApr 2024
RERA registeredFeb 2025
Proposed completionDec 2027
TodayJul 2026
Construction progress

56% overall, as filed

Common areas43%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

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
1Plot119.48
2Plot139.29
3Plot139.29
4Plot139.29
5Plot139.29
6Plot139.29
7Plot139.29
8Plot139.29
9Plot139.29
10Plot99.82
11Plot139.29
12Plot139.29
13Plot139.29
14Plot139.29
15Plot139.29
16Plot139.29
17Plot139.29
18Plot139.29
19Plot139.29
20Plot139.29
21Plot139.29
22Plot120.70
23Plot185.77
24Plot139.29
25Plot139.29
26Plot83.21
27Plot75.44
28Plot139.29
29Plot139.29
30Plot139.35
31Plot260
32Plot239.46
33Plot125.23

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Karnataka · Promoter registration

VM BUILDER AND DEVELOPERS

Partnership FirmPromoter type
Bengaluru RuralBased in
9Projects
3Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
918 plotson the public record across 9 projects
59,409 sq mplotted area
59,409 sq mland declared
₹97.90 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
Kolar Urban Development AuthorityUrban Development Authoritythis project7 of 9 projects
Local Planning AuthorityTown & Country Planning (DTCP)1 of 9 projects
Malur Planning AuthorityTown & Country Planning (DTCP)1 of 9 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
Kolar
District
Kolar
Pincode
563101
Address
Sy No. 38/2, 38/3, 39/2, and 39/3 Gadde Kannur Village Kasaba Hobli Kolar Taluk & Dist-563101 , Sy No. 38/2, 38/3, 39/2, and 39/3 Gadde Kannur Village Kasaba Hobli Kolar Taluk & Dist-563101 , Kolar , Kolar, Karnataka - 563101
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 466 mPrimary road 861 m · Kolar Mulbagal RoadRailway line 3.7 kmRailway station 3.7km away (Kolar)Limited bus connectivity nearby
Water & environment
Water body 2.0 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned + joint development (JDA)
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹4.16 Cr declared to build 33 plots. What that works out to:

₹12.59 Lakhdeclared cost per plotall-in — land + construction
52%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

Kolar Urban Development Authority

Urban Development Authority
approved 30 Apr 2024 · 2 yrs ago
Layout Permit no. 02/2024/25Survey no. 38/3
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.

Verify it yourself — look up plan 02/2024/25 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Kolar Urban Development Authority

Urban Development Authority

Has approved 57 RERA projects0.7% of Karnataka.

a plotted-layout market4% apartments · 96% plotted layouts. Your plotted layout is this body's core business.

Builders
47
On record
0 flats · 5,297 plots
Reach
6 taluks
Since
2017

More layout-heavy than Karnataka overall — 96% 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.