HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
7 units
Unit mix
3 × 4BHK · 3 × 4BHK · 1 × 5BHK
Towers
1
Floors
4
Land area
846 sq m
Built-up area
2,041 sq m
FAR sanctioned
2.41
Covered area
528 sq m
Open area
318 sq m

Timeline

Project startedNov 2023
RERA registeredSep 2024
Proposed completionDec 2027
TodayJul 2026
Construction progress

35% overall, as filed

Amenities10%
Finishing13%
Internal infra20%
External infra40%
Common areas54%
Super-structure56%
Sub-structure97%
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 flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

7 units across 3 batches
TypeArea sq mCount
4BHK703
4BHK733
5BHK4131

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

SHARAD SHRINIVAS PAI

ProprietorshipPromoter type
BelagaviBased in
1Projects
1City
2024–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
Belagavi
District
Belagavi
Pincode
590006
Address
PLOT NO. 5/9 (PART), CORRESPONDING TO CTS NO. 3182 , OUT OF R S NO. 30/1/5/9A/2, , Belagavi , Belagavi, Karnataka - 590006
North boundary
RESIDENTIAL HOUSE OF R S NO. 30/1 (PART)
East boundary
MAIN ROAD
South boundary
MAIN ROAD
West boundary
SERVICE ROAD
What’s nearby
Schools3 schools within 1km · 12 educational institutions within 1km · College or university 501m away
HealthcareHospital 97m away · 6 clinics within 1km · Doctor's clinic within 1km
Lifestyle1 park within 500m · 8 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 760m away · Mall 236m away · Convenience store within 1km
Getting around
Expressway 745 m · Congress RoadPrimary road 134 m · Atal Bihari Vajpayee MargRailway line 797 mRailway station 1.2km away (Belagavi)Bus stop within 500m
Water & environment
Water body 1.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.20 Cr declared to build 7 flats. What that works out to:

₹1.46 Crdeclared cost per flatall-in — land + construction
₹4,645/sq ftof built-up area₹49,999/sq m
19%of the cost is land₹2,138/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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
approved 17 Jun 2022 · 4 yrs ago
Building Permit no. BGM/LBPAS/18437/21-22/BP
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 BGM/LBPAS/18437/21-22/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects2.4% of Karnataka.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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.

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.