HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
34,373 sq m
Covered area
16,987 sq m
Open area
17,385 sq m

Timeline

Project startedFeb 2021
RERA registeredJan 2022
Proposed completionDec 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

M P Ravishankar and B V Manjunath

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
AISHWARYA TRIANGLE ENCLAVE

AISHWARYA TRIANGLE ENCLAVE

this project
Plotted Development
Feb 2021started
Dec 2022target completion
34,373 sq m₹1.00 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
MYSORE
District
Mysore
Pincode
570010
Address
Sy No 1/4 1/7 3/2-8 4/3, Kenchalagudu Village Jayapura Hobli Mysore Talluk
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.2km away
LifestylePark 1.7km away
ShoppingNo supermarket within 2km
Getting around
Expressway 3.7 km · Ring RoadPrimary road 781 m · Mananthavadi RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.2 kmCanal 2.7 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.00 Cr declared. What that works out to:

₹27/sq ftof plotted area₹291/sq m
60%of the cost is land₹16/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
Layout Permit

The promised possession date (30 Dec 2022) 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

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projects — about 1 in 20 in Karnataka.

a plotted-layout market — 14% apartments · 86% plotted layouts. Your plotted layout is this body's core business.

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.