HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
24,604 sq m
Covered area
24,604 sq m
Open area
1,208 sq m
Garage area
10 sq m

Timeline

Project startedOct 2018
RERA registeredFeb 2019
Proposed completionOct 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SATHISHA

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2019–2020Active
Timelineevery project, start → promised completion
AKSHAYA VENTURES

AKSHAYA VENTURES

this project
Plotted Development
Oct 2018started
Oct 2020target completion
24,604 sq m₹18.00 Lakh

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
Address
bogadhi sy 275/6.7.27.28.29, bogadhi sy 275/6.7.27.28.29
What’s nearby
Schools2 schools within 1km · 3 educational institutions within 1km · College or university 920m away
HealthcareHospital 877m away · 1 clinic within 1km · Pharmacy within 1km
LifestylePark 1.6km away
ShoppingSupermarket 965m away · Bank 909m away
Getting around
Expressway 948 mPrimary road 2.1 kmRailway line 2.8 kmRailway station 3.0km away (Chamarajapuram)Bus stop within 1km
Water & environment
Water body 1.1 km · Bogadi lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹18.00 Lakh declared. What that works out to:

₹7/sq ftof plotted area₹73/sq m
139%of the cost is land₹9/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 (5 Oct 2020) 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.