01
Complete project overview
RERA Karnataka · Registration filing- Status
- Ongoing
- Plots
- 343 plots
- Land parcels
- 10 survey nos
Timeline
Proposed completionDec 2027
UnitTypeTotal sq m
1Plot1200
2Plot1200
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18Plot853
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48Plot1051
49Plot946
50Plot852
51Plot1200
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102Plot1191
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131Plot853
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166Plot918
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168Plot1776
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227Plot1263
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234Plot1546
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244Plot1358
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253Plot2762
254Plot1092
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259Plot887
260Plot916
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336Plot1533
337Plot1523
338Plot1514
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340Plot1494
341Plot1485
342Plot1476
343Plot1466
Complete project overview — done
02
Builder’s track record
RERA Karnataka · Promoter registrationVM VENTURES
Partnership FirmPromoter type
Bengaluru RuralBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
20232024202520262027today
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.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing- Taluk
- Gauribidanur
- District
- Chikkaballapura
- Pincode
- 561208
- Address
- Sy No. 47/3, 48/3, 48/4, 48/5, 49/3, 53, 54/2, 55, 56, 57, situated at Udamalodu Village, Kasaba Hobli,Gauribidanur Taluk, Chikkaballapur Dist , Sy No. 47/3, 48/3, 48/4, 48/5, 49/3, 53, 54/2, 55, 56, 57, situated at Udamalodu Village, Kasaba Hobli,Gauribidanur Taluk, Chikkaballapur Dist , Gauribidanur , Chikkaballapura, Karnataka - 561208
What’s nearbySchoolsNo schools within 2km
HealthcareNearest hospital 2.5km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting aroundExpressway 1.6 km · Bypass To Madugiri RoadPrimary road 2.5 km · SH-9Railway line 2.4 kmRailway station 2.4km away (Gauribidanur)Limited bus connectivity nearby
Water & environmentCanal 881 mRiver 2.6 km · Uttara PinakiniWater body 3.4 km
distances only — not a flood assessment Land, title & encumbranceLandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
Price analysisdeclared build cost — not a sale price
₹13.51 Cr declared to build 343 plots. What that works out to:
₹3.94 Lakhdeclared cost per plotall-in — land + construction
38%of the cost is land
Location & price analysis — done
04
Planning authority
RERA Karnataka · Approved building planLocal Planning Authority
Town & Country Planning (DTCP)approved 6 Nov 2023 · 2 yrs ago
Layout Permit no. GPA/VINAYASA/24/2023-24/232Survey no. sy no. 47/3
The occupancy certificate — the proof that isn’t hereA 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 GPA/VINAYASA/24/2023-24/232 on the approving authority’s portal to confirm the sanction.
The approving body, at scale
Local Planning Authority
Town & Country PlanningHas approved 1,518 RERA projects — about 1 in 6 in Karnataka.
a mixed market — 42% apartments · 58% plotted layouts.
- Builders
- 1,212
- On record
- 42,750 flats · 54,584 plots
- Reach
- 128 taluks
- Since
- 2017
More layout-heavy than Karnataka overall — 58% 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.
Planning authority — done
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.