HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
967 sq m
Covered area
433 sq m
Open area
518 sq m

Timeline

Project startedOct 2018
RERA registeredNov 2019
Proposed completionDec 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

M/s SHubam Builders

DavangereBased in
1Projects
1City
2019–2021Active
Timelineevery project, start → promised completion

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
Davanagere
District
Davangere
Address
Door No. 795/1, New Khata No. 1722, New Door Nos. 916/1A, 1B, 1C & 916/1C/1,, situated at Sree Gurusiddarameshwara Oil Mill Compound, Davangere.
What’s nearby
Schools1 school within 500m · 4 educational institutions within 1km · College or university 874m away
HealthcareHospital 536m away · 31 clinics within 1km · Pharmacy within 1km
LifestylePark 1.4km away · Gym or sports centre 905m away · 14+ restaurants and cafes within 1km
ShoppingSupermarket 573m away · Mall 307m away · Convenience store within 1km
Getting around
Expressway 3.3 kmPrimary road 5 mRailway line 375 mRailway station 462m away (Davanagere)4 bus stops within 500m
Water & environment
Water body 3.6 km · Kundavada Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.56 Cr declared. What that works out to:

33%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 (31 Dec 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.