HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
5,969 sq m
Covered area
1,062 sq m
Open area
4,907 sq m

Timeline

Project startedJul 2020
RERA registeredAug 2020
Proposed completionJul 2025
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Visalakshi Housing Projects

Bengaluru UrbanBased in
2Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
63 homeson the public record across 2 projects
12,853 sq mbuilt-up filed
9,693 sq mland declared
₹82.23 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.

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
Bengaluru East
District
Bengaluru Urban
Pincode
560027
Address
#97/5 Visalakshi Prakruthi New 40 Feet Road, Off Thanisandra Main Road Bangalore 560077
What’s nearby
Schools2 schools within 1km · 3 educational institutions within 1km · Kindergarten within 500m
HealthcareHospital 579m away · 3 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 1.6km away · 34+ restaurants and cafes within 1km
ShoppingSupermarket 561m away · Convenience store within 500m · Bank 479m away
Getting around
Expressway 2.8 kmPrimary road 450 m · Thanisandra Main RoadRailway line 564 mNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 124 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹36.75 Cr declared. What that works out to:

44%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 Jul 2025) 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.

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.
  • Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.