HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
582 sq m
FAR sanctioned
1.95
Covered area
211 sq m
Open area
370 sq m

Timeline

Project startedDec 2013
Proposed completionAug 2017
RERA registeredOct 2017
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

ACE DEVELOPERS

Dakshina KannadaBased in
7Projects
5Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
12 homeson the public record across 7 projects
3,561 sq mbuilt-up filed
11,144 sq mland declared
₹42.06 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.

Planning authoritiesthis builder's portfolio, by approving body
Mangaluru Urban Development AuthorityUrban Development Authoritythis project4 of 5 projects
Nashik Municipal CorporationMunicipal Corporation1 of 5 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Dakshina Kannada
District
Dakshina Kannada
Address
LADYHILL, MANGALORE
What’s nearby
Schools1 school within 500m · 4 educational institutions within 1km · College or university 629m away
HealthcareHospital 651m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.7km away · 3 restaurants and cafes within 1km
ShoppingSupermarket 112m away · Mall 570m away · Bank 234m away
Getting around
Expressway 1.4 kmPrimary road 130 m · Kuloor Ferry RoadRailway line 3.0 kmRailway station 3.2km away (Mangaluru Central)Bus stop within 500m
Water & environment
River 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.02 Cr declared. What that works out to:

20%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

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (28 Aug 2017) 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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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

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.