Neon Developer, Sarjapur: Track Record
Neon is an apartment project by Modern Spaaces in Sarjapur, Bengaluru.
Homes cost ₹91.52 L at ₹7,239 per sq ft (Mansio price records).
Configurations: 2 BHK and 3 BHK; possession Dec 2030; RERA PRM/KA/RERA/1251/308/PR/050725/007897.
Through Mansio, you save ₹1.33 L on a ₹91.52 L home in Neon, after our fee.
Key facts
| Fact | Value | Source |
|---|---|---|
| Developer | Modern Spaaces | Mansio developer records |
| Location | Sarjapur, Bengaluru (Anekal taluk) | Mansio location records |
| Type | Apartment | RERA registration |
| RERA number | PRM/KA/RERA/1251/308/PR/050725/007897 | Karnataka RERA, approved Jul 2025 |
| Stage | Under Construction | RERA registration |
| Possession | Dec 2030 | RERA filing (proposed completion) |
| Price range | ₹91.52 L | Mansio price records |
| Price per sq ft (super built-up) | ₹7,239 | Mansio price records |
| Configurations | 2 BHK (1,230 sq ft), 3 BHK (1,553 to 1,740 sq ft) | Floor plans on file |
| Towers and units | 3 towers, 292 units | RERA registration |
| Land area | 4.19 acres (82% open area) | RERA registration |
| Density | 69.74 units per acre | Mansio, from RERA land and unit counts |
| Approach road width | 18 m | Mansio project records |
| Clubhouse size | 15,000 sq ft | Mansio project records |
| Water source | Local Authority | Mansio project records |
| Home loan banks | Canara Bank, Hdfc, ICICI Bank and SBI | Mansio project records |
| Construction start | Jul 2025 | RERA registration |
Developer track record
- Developer track record, Modern Spaaces: 19 projects, 3 completed, 16 ongoing or upcoming, 4 flagship; 2+ million sq ft constructed; present in Bengaluru South-East: Sarjapur Road (Sompura Gate, Kada Agrahara, Chikkadunnasandra), Chikka Tirupathi Road, Haralur and Varthur-Gunjur. Upcoming projects listed near Nandi Hills and Skandagiri Hills (north of Bengaluru).; headquartered in Sy. No. 30/2 & 31/2, Sarjapur Road, Sompura Village, Bengaluru, Karnataka (office address per CommonFloor builder profile) (Mansio developer records).
- Awards: Young Achiever Award, Global Real Estate Brand Awards 2024 (Mansio developer records).
- Completed projects: Engrace (Phases 1, 2 & 3) (Kada Agrahara village, off Varthur-Sarjapur Road (Sompura Gate), Bengaluru, completed ~2025, 2, 2.5, 3 & 3.5 BHK, 629 units, flagship); Urbanest (Sompura Gate, off Sarjapur Road (B Hosahalli Road, Chikkadunnasandra), Bengaluru, completed ~2022, 1, 2 & 3 BHK, 330 units); Soul Tree (incl. Serinity and Bliss phases) (Sy. No. 12 & 13/1, Kada Agrahara village, Marathahalli-Sarjapur Road (Sompura Gate), Bengaluru, completed ~2024, 1, 2 & 3 BHK, 564 units) (Mansio developer records).
- Ongoing and upcoming projects: Soulace (Kada Agrahara Road, Chikkadunnasandra, off Sarjapur Road, Bengaluru, expected 2023, 4 & 5 BHK Villas, 266 units, flagship); Ivy County (Varthur-Sarjapur Road, off Gunjur (Ramanayakanahalli), behind Greenwood High, Bengaluru, expected 2024, Villa Plots, 658 units, flagship); Onyx (Chikka Tirupathi Road (NH 648), Mugalur, Sarjapur, Bengaluru, expected 2025, 2.5 & 3 BHK, 624 units, flagship); Engrace Vista (Kada Agrahara Road, Chikkadunnasandra, Yamare, off Sarjapur Road, Bengaluru, expected 2024, 3 BHK, 392 units); Serene Heights (On Sarjapur Road, near Sompura Gate, Bengaluru, expected 2024, 2 & 3 BHK, 240 units); Green Storeys (Sy. No. 44, Kada Agrahara Road, Sompura Gate, off Sarjapur Road, Bengaluru, expected 2025, 2 & 3 BHK, 135 units); Windmere (Off Haralur Road (17th Main, Ambalipura), near a lake, Bengaluru, expected 2025, 3 & 4 BHK (incl. 4 BHK duplex), 24 units); Neon (Chikka Tirupathi Road, Mahalchowdanahalli (MC Halli), Sarjapur, Bengaluru, expected 2025, 2 & 3 BHK, 292 units); Crown Crest (Sarjapur Main Road, Bengaluru); Nova Towers (Sarjapur Main Road, Bengaluru); Soulace Phase 2 (Off Sarjapur Road (Kada Agrahara), Bengaluru); Urban Oasis (Off Sarjapur Road, Bengaluru); Lakeside Prive (Gunjur-Mugalur Road, Bengaluru); Urban Heights (Off Sarjapur Road, Bengaluru); The Cloudfield (Nandi Hills Road, Bengaluru region (Nandi Hills area)); Earthtones (Skandagiri Hills Road, Bengaluru region (Chikkaballapur area), Villas & Plots) (Mansio developer records).
Questions buyers ask about Neon
Is Neon worth buying?
Compare these facts: It starts at ₹7,239 per sq ft, against an average of ₹8,123 for the 3 nearest projects. Modern Spaaces has completed 3 projects. It is RERA registered (PRM/KA/RERA/1251/308/PR/050725/007897).
Who is the developer of Neon?
Modern Spaaces. Track record: 19 projects, 3 completed, 16 ongoing or upcoming, 4 flagship; 2+ million sq ft constructed; present in Bengaluru South-East: Sarjapur Road (Sompura Gate, Kada Agrahara, Chikkadunnasandra), Chikka Tirupathi Road, Haralur and Varthur-Gunjur. Upcoming projects listed near Nandi Hills and Skandagiri Hills (north of Bengaluru).; headquartered in Sy. No. 30/2 & 31/2, Sarjapur Road, Sompura Village, Bengaluru, Karnataka (office address per CommonFloor builder profile).
When is possession of Neon?
The RERA filing gives the proposed completion as Dec 2030.
What is the delay risk for Neon?
Weigh these facts: The RERA completion date is Dec 2030. Modern Spaaces has completed 3 projects.
Which projects has Modern Spaaces completed?
Engrace (Phases 1, 2 & 3) (Kada Agrahara village, off Varthur-Sarjapur Road (Sompura Gate), Bengaluru, completed ~2025, 2, 2.5, 3 & 3.5 BHK, 629 units, flagship); Urbanest (Sompura Gate, off Sarjapur Road (B Hosahalli Road, Chikkadunnasandra), Bengaluru, completed ~2022, 1, 2 & 3 BHK, 330 units); Soul Tree (incl. Serinity and Bliss phases) (Sy. No. 12 & 13/1, Kada Agrahara village, Marathahalli-Sarjapur Road (Sompura Gate), Bengaluru, completed ~2024, 1, 2 & 3 BHK, 564 units) (Mansio developer records).
Has Modern Spaaces won any awards?
Yes: Young Achiever Award, Global Real Estate Brand Awards 2024 (Mansio developer records).
