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ASHIRWAD ELITE

PRM/KA/RERA/1274/351/PR/050224/006604 · RERA Karnataka · https://gethorizon.in/projects/ashirwad-elite-karwar-ut1otbmg

01

Complete project overview

RERA Karnataka · Registration filing
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
TodaySep 2026

Find your flat

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
11st FloorSHOP12.1916.311.60
21st FloorSHOP12.9715.781.63
31st FloorSHOP11.551.770.87
41st FloorSHOP14.091.801.04
51st FloorSHOP14.302.041.06
61st FloorSHOP14.112.031.05
71st FloorSHOP12.192.631
1012nd Floor2 BHK64.4931.255.02
1022nd Floor2 BHK65.8825.084.77
1032nd Floor1 BHK41.298.892.68
1042nd Floor2 BHK57.5325.184.33
1052nd Floor1 BHK37.2812.762.67
1062nd Floor2 BHK55.719.463.48
2013rd Floor2 BHK64.4931.255.02
2023rd Floor2 BHK65.8825.084.77
2033rd Floor1 BHK41.298.892.68
2043rd Floor2 BHK57.5325.184.33
2053rd Floor1 BHK37.2812.762.67
2063rd Floor2 BHK55.719.463.48
3014th Floor2 BHK64.4931.255.02
3024th Floor2 BHK65.8825.084.77
3034th Floor1 BHK41.298.892.68
3044th Floor2 BHK57.5325.184.33
3054th Floor1 BHK37.2812.762.67
3064th Floor2 BHK55.719.463.48
4015th Floor2 BHK64.4931.255.02
4025th Floor2 BHK65.8825.084.77
4035th Floor1 BHK41.298.892.68
4045th Floor2 BHK57.5325.184.33
4055th Floor1 BHK37.2812.762.67
4065th Floor2 BHK55.719.463.48

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

02

Builder’s track record

RERA Karnataka · Builder 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 builder 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
As declared by the builder 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 builder 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

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

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

An approved 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 approved plan carries penalty or demolition risk.

Verify it yourself — look up plan 148/2022-23 on the approving authority’s portal to confirm the approval.

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.

07

Other projects nearby

The register · within 25 km

15 residential projects still under way within 25 km. Step out ring by ring:

Of the 38 projects the radar draws within 6 km — every kind, every stage — 13 are residential projects still under way. This list keeps only those, and looks further out.

3 projects within 1 km — showing the nearest 3.

720 m awayMixed Development

SINDHU VALLEY

A & A DEVELOPERS · Karwar

Jan 2023started
Dec 2026target completion
Declared cost₹16.10 CrScale69 flatsAuthorityRERA Karnataka
800 m awayMixed Development

PARITOSH APARTMENT

Padmanabh Realtors · Karwar

Sep 2025started
Jul 2029target completion
Declared cost₹7.65 CrScale32 flatsAuthorityRERA Karnataka
980 m awayApartment

GREEN MEADOWS

KESHAVA GREENS · Karwar

May 2022started
Dec 2026target completion
Declared cost₹5.47 CrScale40 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.