HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
97,123 sq m
Covered area
53,339 sq m
Open area
43,784 sq m

Timeline

RERA registeredMay 2019
Project startedJun 2019
Proposed completionMay 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

PARAMESHWAR.M.HEGDE

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2019–2024Active
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
Sirsi
District
Uttara Kannada
Address
ARUNDHATI NAGAR, SY.NO:124/1,2,3,4,5,6,7,8,125/12 of ISLOOR , SIRSI-HUBLI ROAD, SIRSI
What’s nearby
SchoolsNearest school 1.8km away · College or university 805m away
HealthcareHospital 695m away · 5 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 428m away
Getting around
Expressway 178 m · Sirsi - Hubbali HighwayPrimary road 645 m · SirsiNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 546 m · Bashetti Kere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹9.06 Cr declared. What that works out to:

₹87/sq ftof plotted area₹933/sq m
1%of the cost is land₹1/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

Hubbali-Dharwad Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 May 2024) 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

HUBBALI

Urban Development Authority · Dharwad Urban Development Authority

Has approved 119 RERA projects1.4% of Karnataka.

a mixed market52% apartments · 48% plotted layouts.

Builders
97
On record
892 flats · 1,580 plots
Reach
12 taluks
Since
2017

More layout-heavy than Karnataka overall — 48% 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.