01
Complete project overview
RERA Karnataka · Registration filing- Status
- Ongoing
- Plots
- 939 plots
- Land parcels
- 4 survey nos
Timeline
Project startedMar 2025
RERA registeredSep 2025
Proposed completionMar 2030
TodayJul 2026
Construction progress
14% overall, as filed
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.Find your plot
Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.
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Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.
02
Builder’s track record
RERA Karnataka · Promoter registrationMODERN ASSET CORP.
Partnership FirmPromoter type
Bengaluru UrbanBased in
1Projects
1City
2025–presentActive
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
- MYSORE
- District
- Mysore
- Pincode
- 571130
- Address
- SY NO 210, 214/1, 214/2, 214/3 IN HUYILALU VILLAGE , NAGAWALA POST ILAWALA HOBLI , MYSORE , Mysore, Karnataka - 571130
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.2km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 4.6 km · Hunasuru RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 1.0 km
distances only — not a flood assessmentLand, title & encumbranceAs declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
Price analysisdeclared build cost — not a sale price
₹60.51 Cr declared to build 939 plots. What that works out to:
₹6.44 Lakhdeclared cost per plotall-in — land + construction
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 planapproved 21 Mar 2025 · 1 yr ago
Layout Permit no. MNP : NY : V.N : 44 : 2024-25Survey no. 210
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.
Verify it yourself — look up plan MNP : NY : V.N : 44 : 2024-25 on the approving authority’s portal to confirm the sanction.
The approving body, at scale
MUDA
Urban Development Authority · Mysore Urban Development AuthorityHas approved 77 RERA projects — 0.9% of Karnataka.
a plotted-layout market — 10% apartments · 90% plotted layouts. Your plotted layout is this body's core business.
- Builders
- 60
- On record
- 1,923 flats · 7,550 plots
- Reach
- 3 taluks
- Since
- 2023
More layout-heavy than Karnataka overall — 90% 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.
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.