HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
1,305 sq m
FAR sanctioned
1.48
Covered area
486 sq m
Open area
818 sq m

Timeline

Project startedSep 2018
RERA registeredFeb 2019
Proposed completionSep 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

A.R.BUILDERS

RaichurBased in
2Projects
1City
2019–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
2,394 sq mland declared
₹8.66 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Raichur
District
Raichur
Address
MPL.NO.1-3-1401/5/10,11,12,13,14&15, ASHAPUR ROAD
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 960m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 735m away
Getting around
Expressway 1.6 km · Mantralaya RoadPrimary road 3.5 kmRailway line 703 mRailway station 2.0km away (Raichur)Limited bus connectivity nearby
Water & environment
Water body 1.6 kmCanal 1.6 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.88 Cr declared. What that works out to:

6%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

Raichur Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (8 Sep 2023) 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

Raichur Urban Development Authority

Urban Development Authority

Has approved 6 RERA projects0.1% of Karnataka.

an apartments market83% apartments · 17% plotted layouts. Apartments like yours are this body's core business.

Builders
5
On record
2,419 flats · 0 plots
Since
2019

More apartment-heavy than Karnataka overall — 83% 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.