HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
15 units
Unit mix
14 × 3BHK · 1 × 2BHK
Towers
1
Floors
5
Land area
567 sq m
Built-up area
2,277 sq m
FAR sanctioned
2.44
Covered area
385 sq m
Open area
182 sq m

Timeline

Project startedJul 2023
RERA registeredJan 2024
Proposed completionDec 2025
TodayJul 2026
Construction progress

90% overall, as filed

Internal infra0%
External infra0%
Amenities58%
Common areas68%
Finishing95%
Sub-structure100%
Super-structure100%
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.

15 units across 2 batches
TypeArea sq mCount
3BHK9414
2BHK791

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

NIKHIL DEVELOPERS

Partnership FirmPromoter type
DharwadBased in
5Projects
2Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
130 homeson the public record across 5 projects
18,152 sq mbuilt-up filed
5,899 sq mland declared
₹29.22 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.

Planning authoritiesthis builder's portfolio, by approving body
Hubbali-Dharwad Urban Development AuthorityUrban Development Authoritythis project4 of 5 projects
Hubballi Dharwad Municipal CorporationMunicipal / Corporation1 of 5 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Hubballi
District
Dharwad
Pincode
580021
Address
“ Aum Shankara ” Apartment at CTS No. 2931 , Shanti Colony, Old Income tax Road , Hubballi , Dharwad, Karnataka - 580021
North boundary
CTS No. 2945 & 2952
East boundary
CTS No. 2930/B
South boundary
Road
West boundary
CTS No. 2932
What’s nearby
Schools2 schools within 1km · 6 educational institutions within 1km · College or university 500m away
HealthcareHospital 592m away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 16+ restaurants and cafes within 1km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Bank 767m away · ATM within 500m
Getting around
Expressway 1.7 km · Rani Chennamma CirclePrimary road 570 m · Pune Bangalore RoadRailway line 316 mRailway station 1.3km away (Unkal)Bus stop within 500m
Water & environment
Water body 1.4 km · Santhosh Nagar Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.25 Cr declared to build 15 flats. What that works out to:

₹28.37 Lakhdeclared cost per flatall-in — land + construction
₹1,736/sq ftof built-up area₹18,687/sq m
14%of the cost is land₹949/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
approved 30 Jun 2023 · 3 yrs ago
Building Permit no. HDMC/50/BP/205/BID-46434/2023

The promised possession date (15 Dec 2025) 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.

Verify it yourself — look up plan HDMC/50/BP/205/BID-46434/2023 on the approving authority’s portal to confirm the sanction.

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.