HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
2
Land area
3,775 sq m
FAR sanctioned
1.7
Covered area
2,421 sq m
Open area
1,354 sq m

Timeline

Project startedJan 2017
Proposed completionJan 2019
RERA registeredApr 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

GAYATRI VAISHNAOI CONSTRUCTIONS PRIVATE LIMITED

HyderabadBased in
1Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
Vaishnaoi Eternis

Vaishnaoi Eternis

this project
Residential/Group Housing
Jan 2017started
Jan 2019target completion
₹7.91 Cr

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
MYSORE
District
Hyderabad
Address
Plot No.4, Metagali industrial Area Layout, Metagali, Near Royal in hotel
What’s nearby
Schools1 school within 500m · 5 educational institutions within 1km · College or university 285m away
HealthcareHospital 434m away · 3 clinics within 1km · Pharmacy within 1km
LifestylePark 1.4km away · Gym or sports centre 1.4km away · 11+ restaurants and cafes within 1km
ShoppingSupermarket 757m away · Convenience store within 1km · Bank 557m away
Getting around
Expressway 988 m · Ring RoadPrimary road 2.2 km · Highway CircleRailway line 1.0 kmRailway station 4.6km away (Naganahalli)2 bus stops within 500m
Water & environment
Water body 1.5 km · Sankalp water feature
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.91 Cr declared. What that works out to:

75%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

Mysuru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (8 Jan 2019) 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

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projects — about 1 in 20 in Karnataka.

a plotted-layout market — 14% apartments · 86% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% 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.