HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
9,510 sq m
FAR sanctioned
1.74
Covered area
4,128 sq m
Open area
5,382 sq m
Garage area
11,606 sq m

Timeline

Project startedFeb 2019
RERA registeredSep 2019
Proposed completionDec 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

VARSHINI DEVELOPER

Bengaluru UrbanBased in
1Projects
1City
2019–2023Active
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
Bengaluru Urban
Pincode
560020
Address
NO 20/2E , AREHALLI VILLAGE
What’s nearby
Schools4 schools within 1km · 8 educational institutions within 1km · College or university 433m away
HealthcareHospital 414m away · 11 clinics within 1km · Pharmacy within 500m
LifestylePark 1.3km away · Gym or sports centre 214m away · 62+ restaurants and cafes within 1km
ShoppingSupermarket 477m away · Mall 1.3km away · Convenience store within 1km
Getting around
Expressway 2.6 kmPrimary road 19 mRailway line 412 mMetro station 403m away (Mantri Square Sampige Road)9 bus stops within 500m
Water & environment
River 281 m · VrishabhavathiWater body 295 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹49.76 Cr declared. What that works out to:

15%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

BBMP - Bruhat Bengaluru Mahanagara Palike

Municipal / Corporation
Building Permit

The promised possession date (31 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

BBMP

Municipal Corporation · Bruhat Bengaluru Mahanagara Palike

Has approved 2,111 RERA projectsabout 1 in 4 in Karnataka, more than any other body in the state.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
1,619
On record
1,14,417 flats · 373 plots
Reach
9 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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

1 complaint on RERA Karnataka’s register for this project 2 disposed.

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.