HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
3,874 sq m
FAR sanctioned
13992
Covered area
1,169 sq m
Open area
2,704 sq m

Timeline

Project startedJan 2015
RERA registeredNov 2017
Proposed completionDec 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Vikram Structures Pvt Ltd

Bengaluru UrbanBased in
1Projects
1City
2017–2018Active
Timelineevery project, start → promised completion
VSPL Pinnacle

VSPL Pinnacle

this project
Commercial
Jan 2015started
Dec 2018target completion
₹48.92 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
Bengaluru North
District
Bengaluru Urban
Pincode
560070
Address
Near Kodigehalli junction, Bellary Main road
What’s nearby
SchoolsNearest school 1.2km away · College or university 1.1km away · Library 1.8km away
HealthcareHospital 1.7km away · 2 clinics within 1km
LifestylePark 1.9km away · Gym or sports centre 946m away · 8 restaurants and cafes within 1km
ShoppingSupermarket 857m away · Bank 149m away · ATM within 500m
Getting around
Expressway 16 m · Hebbal FlyoverPrimary road 3.1 km · Jayamahal RoadRailway line 179 mRailway station 442m away (Hebbal)7 bus stops within 500m
Water & environment
Water body 189 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹48.92 Cr declared. What that works out to:

10%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 2018) 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 projects — about 1 in 4 in Karnataka, more than any other body in the state.

an apartments market — 100% 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

37 complaints on RERA Karnataka’s register for this project — 62 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.