HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
6,981 sq m
Covered area
3,675 sq m
Open area
3,305 sq m

Timeline

Project startedJan 2019
Proposed completionJul 2019
RERA registeredFeb 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Murugesh Babu & Murugesh Raju

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
AAM LAYOUT

AAM LAYOUT

this project
Plotted Development
Jan 2019started
Jul 2019target completion
6,981 sq m₹1.51 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
Shivamogga
District
Shivamogga
Address
Sy No.33, Behind Sharadamma Layout, KASHIPURA
What’s nearby
SchoolsNearest school 1.2km away · College or university 314m away
HealthcareHospital 1.1km away · Clinic within 2km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 1.3km away
Getting around
Expressway 2.0 km · Sagar RoadPrimary road 276 mRailway line 846 mRailway station 3.2km away (Kotegangoor)Limited bus connectivity nearby
Water & environment
Canal 809 mWater body 1.5 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.51 Cr declared. What that works out to:

₹200/sq ftof plotted area₹2,156/sq m
52%of the cost is land₹103/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

Shivamogga Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Jul 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

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

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects — 1.3% of Karnataka.

a plotted-layout market — 21% apartments · 79% plotted layouts. Your plotted layout is this body's core business.

Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018

More layout-heavy than Karnataka overall — 79% 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.