360 m awayMixed Development
Lotus Kapila
LOTUS PROPERTIES · Dakshina Kannada
Nov 2024started
Mar 2027target completion
Declared cost₹12.34 CrScale26 flatsAuthorityRERA Karnataka
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Detailed ReportAkshata palace
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- Akshata palace
- Towers
- 1
- Land area
- 688 sq m
- FAR sanctioned
- 2.07
- Covered area
- 368 sq m
- Open area
- 320 sq m
Timeline
Project startedDec 2014
Proposed completionFeb 2017
RERA registeredNov 2018
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationApoorva Builders
Dakshina KannadaBased in
1Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
The only project Horizon has read from this builder 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- This project
- 32 new projects last year
- 411 nearby projects
- Taluk
- Mangalore
- District
- Dakshina Kannada
- Pincode
- 575003
- Address
- opp.Ganesh bazar, Near new chitra talkies, Carstreet, Mangalore
What’s nearby
Schools3 schools within 1km · 4 educational institutions within 1km · College or university 150m away
HealthcareHospital 665m away · 3 clinics within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.0km away · 25+ restaurants and cafes within 1km
ShoppingSupermarket 385m away · Mall 1.7km away · Convenience store within 500m
Getting around
Expressway 2.8 kmPrimary road 661 m · Kodailbail (Navabharath) CircleRailway line 1.2 kmRailway station 1.4km away (Mangaluru Central)2 bus stops within 500m
Water & environment
Water body 406 mRiver 827 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹4.24 Cr declared. What that works out to:
56%of the cost is land
This is what the builder 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
Government Guidance Rate
Karnataka registration departmentIn Karnataka it’s called the guidance value.
No government guidance rate is shown for this project.
Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
05
Planning authority
RERA Karnataka · Approved building planBuilding Permit
The promised possession date (1 Feb 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
An approved 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 approved plan carries penalty or demolition risk.
The approving body, at scale
Mangaluru Urban Development Authority
Urban Development AuthorityHas approved 440 RERA projects — about 1 in 20 in Karnataka.
an apartments market — 96% 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km164 residential projects still under way within 25 km. Step out ring by ring:
Of the 411 projects the radar draws within 6 km — every kind, every stage — 117 are residential projects still under way. This list keeps only those, and looks further out.
6 projects within 1 km — showing the nearest 6.
390 m awayMixed Development
RADHA RAMAN
Avyuktha Infratech · Mangalore
Sep 2024started
Feb 2029target completion
Declared cost₹18.28 CrScale46 flatsAuthorityRERA Karnataka
640 m awayMixed Development
MAHALAXMI
Land Trades Builders and Developers · Mangalore
Jun 2024started
Jun 2028target completion
Declared cost₹179.99 CrScale172 flatsAuthorityRERA Karnataka
770 m awayApartment
ALLEGRO AVENTUS
ALLEGRO BUILDERS AND DEVELOPERS · Mangalore
Jan 2022started
Dec 2026target completion
Declared cost₹28.03 CrScale78 flatsAuthorityRERA Karnataka
800 m awayMixed Development
ROHAN CROWN
PROPERTY REAL ESTATE & DEVELOPERS · Mangalore
Jan 2025started
Dec 2028target completion
Declared cost₹44.25 CrScale136 flatsAuthorityRERA Karnataka
970 m awayMixed Development
Land Trades Durga Mahal
LAND TRADES BUILDERS & DEVELOPERS · Mangalore
Apr 2026started
Jun 2028target completion
Declared cost₹10.48 CrScale12 flatsAuthorityRERA Karnataka
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.
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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
- 02Builder's track record
- RERA Karnataka: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Karnataka filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the exact address.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- No government guidance rate could be matched to this project from Karnataka's published schedules.
- 05Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
- 07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/akshata-palace-mangalore-kj3q3shc.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.