YelahankaPlotted Development
LAKE BOTANICA
Lake Botanica Private Limited
Jun 2025started
Dec 2026target completion
Declared cost₹99.29 CrScale230 plotsAuthorityRERA Karnataka
VSL SRINIDHI GREENWICH
01
Complete project overview
RERA Karnataka · Registration filing- Land area
- 9,332 sq m
- Covered area
- 9,332 sq m
Timeline
Project startedMay 2018
Proposed completionMay 2019
RERA registeredJun 2027
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationVSL REALTIES PRIVATE LIMITED
Bengaluru UrbanBased in
1Projects
1City
2027–presentActive
Timelineevery project, start → promised completion
The only project Horizon has read from this builder 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
- Address
- Survey Number 1/7, Channahalli Village,, Jala Hobli, Bangalore North Taluk
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.0km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.3 kmPrimary road 4.0 km · Airport Trumpet FlyoverRailway line 1.6 kmRailway station 2.6km away (Doddajala)Bus stop within 500m
Water & environment
Water body 157 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹3.26 Cr declared. What that works out to:
₹325/sq ftof plotted area₹3,496/sq m
39%of the cost is land₹126/sq ft of land
This is what the builder 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
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettesIn Karnataka it’s called the guidance value.
₹7,525per sq yd
₹9,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for the village of “CHANNAHALLI”.
- In force
- effective Oct 2023
- Spread
- ₹3,763 – ₹7,525 per sq yd across the places it was taken over
This filing declares ₹3,496 per sq m of plotted area — 0.39× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.
What this number is — and isn’t
- The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planLayout Permit
The promised possession date (15 May 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
An approved 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 approved plan carries penalty or demolition risk.
The approving body, at scale
BIAPPA
Urban Development Authority · Bangalore Airport Area Planning AuthorityHas approved 328 RERA projects — 3.8% of Karnataka.
a plotted-layout market — 30% apartments · 70% plotted layouts. Your plotted layout is this body's core business.
- Builders
- 236
- On record
- 20,448 flats · 19,692 plots
- Reach
- 8 taluks
- Since
- 2017
More layout-heavy than Karnataka overall — 70% 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km174 plotted projects still under way within 25 km. Step out ring by ring:
2 projects within 1 km — showing the nearest 2.
YelahankaPlotted Development
LAKE BOTANICA - PHASE 2
LAKE BOTANICA PRIVATE LIMITED
Sep 2025started
Dec 2026target completion
Declared cost₹26.28 CrScale31 plotsAuthorityRERA Karnataka
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.