HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
1,275 sq m
FAR sanctioned
2.35
Covered area
555 sq m
Open area
720 sq m

Timeline

Project startedSep 2019
RERA registeredMar 2020
Proposed completionSep 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

VIDYULLEKHA BUILDERS & DEVELOPERS

Dakshina KannadaBased in
2Projects
2Cities
2020–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
3,197 sq mland declared
₹14.23 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
Mangalore
District
Dakshina Kannada
Pincode
575016
Address
sy No. 31/8(P), 31/12B(P),, Surathkal village
What’s nearby
SchoolsNearest school 1.7km away · College or university 1.9km away
HealthcareHospital 1.8km away
LifestyleNo parks within 2km · Gym or sports centre 1.5km away
ShoppingSupermarket 1.8km away · Bank 45m away
Getting around
Expressway 1.4 km · Solapur-Mangalore HighwayPrimary road 1.6 kmRailway line 997 mRailway station 3.1km away (Padil)Limited bus connectivity nearby
Water & environment
Water body 1.8 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.84 Cr declared. What that works out to:

17%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

Local Planning Authority

Town & Country Planning (DTCP)
Building Permit

The promised possession date (20 Sep 2021) 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

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.