HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
31 units
Unit mix
16 × 2 BHK · 8 × 1 BHK · 7 × SHOP
Towers
1
Floors
5
Land area
749 sq m
Built-up area
1,500 sq m
FAR sanctioned
2.38
Covered area
330 sq m
Open area
419 sq m
Land parcels
1 survey no

Timeline

Project startedApr 2023
RERA registeredFeb 2024
Proposed completionDec 2028
TodayJul 2026

Find your flat

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

31 units across 3 batches
TypeArea sq mCount
SHOP137
2 BHK6116
1 BHK398

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

MAHAMAYA CONSTRUCTIONS

ProprietorshipPromoter type
Uttara KannadaBased 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
Karwar
District
Uttara Kannada
Pincode
581306
Address
PROPOSED CONSTRUCTION OF COMMERCIAL & RESIDENTIAL BUILDING OF GROUND, FIRST, SECOND, THIRD & FOURTH FLOOR FOR MR. BIPIN PRADEEP KADAM GPA HOLDER , FOR MRS. SUREKHA SURESH BAADKAR, SY.NO-585/3, AT BAAD-II KARWAR , Karwar , Uttara Kannada, Karnataka - 581306
North boundary
14°49'13.45"N
East boundary
14°49'14.06"N
South boundary
74° 8'30.20"E
West boundary
74° 8'30.83"E
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.3km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · ATM within 500m
Getting around
Expressway 1.5 kmPrimary road 1.0 km · Kaiga RoadRailway line 4.4 kmRailway station 4.4km away (Karwar)Limited bus connectivity nearby
Water & environment
Water body 2.1 kmRiver 3.1 km · Kali
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
As 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.
Price analysisdeclared build cost — not a sale price

₹4.36 Cr declared to build 31 flats. What that works out to:

₹14.06 Lakhdeclared cost per flatall-in — land + construction
₹2,700/sq ftof built-up area₹29,066/sq m
5%of the cost is land₹266/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 3 Mar 2023 · 3 yrs ago
Building Permit no. 148/2022-23Survey no. 585/3
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 148/2022-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.