HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
70 units
Unit mix
49 × 3BHK · 14 × 2BHK · 7 × 4BHK
Towers
2
Floors
7
Land area
8,066 sq m
Built-up area
10,429 sq m
FAR sanctioned
2
Covered area
3,901 sq m
Open area
4,165 sq m
Land parcels
2 survey nos

Timeline

Project startedOct 2022
RERA registeredOct 2022
Proposed completionDec 2027
TodayJul 2026
Construction progress

78% overall, as filed

Internal infra0%
Finishing8%
Common areas25%
Super-structure53%
External infra82%
Amenities89%
Sub-structure91%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

70 units across 3 batches
TypeArea sq mCount
4BHK1217
2BHK8714
3BHK10849

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

AAKAR PROPERTIES

Partnership FirmPromoter type
MysoreBased in
3Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
70 homeson the public record across 3 projects
10,429 sq mbuilt-up filed
24,198 sq mland declared
₹53.91 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
MYSORE
District
Mysore
Pincode
570026
Address
Block B, D and Club House, at Katha Property No. 1030, Form 9/11 A. No. 152200407130020594 , Sy No. 143/2A2, 2B, for Plot Approved Vide No. 57/2016, Magadi Village, Mysore Taluk, Mysore District Mysore , MYSORE , Mysore, Karnataka - 570026
North boundary
CA site and Park
East boundary
Road
South boundary
Road
West boundary
Land bearing sy no 49 and 50
What’s nearby
Schools2 schools within 500m · 7 educational institutions within 1km · College or university 944m away
HealthcareHospital 21m away · 8 clinics within 1km · Pharmacy within 500m
LifestylePark 966m away · Gym or sports centre 808m away · 14+ restaurants and cafes within 1km
ShoppingSupermarket 278m away · Mall 956m away · Bank 278m away
Getting around
Expressway 3.3 kmPrimary road 475 m · Jhansi Lakshmibai RoadRailway line 142 mRailway station 308m away (Chamarajapuram)6 bus stops within 500m
Water & environment
Water body 1.8 km · Kukkarahalli Kere
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹31.95 Cr declared to build 70 flats. What that works out to:

₹45.64 Lakhdeclared cost per flatall-in — land + construction
₹2,846/sq ftof built-up area₹30,633/sq m
14%of the cost is land₹518/sq ft of 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

Mysuru Urban Development Authority

Urban Development Authority
approved 6 Sep 2022 · 3 yrs ago
Building Permit no. 1186 2022 23Survey no. 143 2a
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.

Verify it yourself — look up plan 1186 2022 23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projectsabout 1 in 20 in Karnataka.

a plotted-layout market14% apartments · 86% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% 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.

Complaints register

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.