HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
3,845 sq m
Covered area
1,922 sq m
Open area
1,923 sq m

Timeline

Project startedMar 2018
RERA registeredJul 2020
Proposed completionDec 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Y Yamunappa

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
Veda Vyasa Colony

Veda Vyasa Colony

this project
Plotted Development
Mar 2018started
Dec 2020target completion
3,845 sq m₹1.27 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
Hospet
District
Ballari
Pincode
583201
Address
Sy No 119/4A2, Sankalapura Village, Hosapete Taluk, Bellari District
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 640m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 1.4 km · Hosapete Bypass RoadPrimary road 1.9 kmRailway line 631 mRailway station 2.2km away (Kariganuru)Limited bus connectivity nearby
Water & environment
Canal 973 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.27 Cr declared. What that works out to:

₹308/sq ftof plotted area₹3,313/sq m
80%of the cost is land₹246/sq ft of 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

Hospete Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Dec 2020) 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

Hospete Urban Development Authority

Urban Development Authority

Has approved 64 RERA projects — 0.7% of Karnataka.

a plotted-layout market — 9% apartments · 91% plotted layouts. Your plotted layout is this body's core business.

Builders
59
On record
379 flats · 2,474 plots
Reach
3 taluks
Since
2019

More layout-heavy than Karnataka overall — 91% 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.