HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
5,622 sq m
Covered area
3,069 sq m
Open area
2,339 sq m
Garage area
684 sq m

Timeline

Project startedJul 2017
Proposed completionMar 2018
RERA registeredMar 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SANNAMMA

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
AVALAKKI MILL

AVALAKKI MILL

this project
Residential/Group Housing
Jul 2017started
Mar 2018target completion
₹75.00 Lakh

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
Shrirangapattna
District
Mandya
Address
SHANKARA NAGARA MANDYA CITY, MANDYA KARNATAKA 571401
What’s nearby
Schools3 schools within 500m · 15 educational institutions within 1km · College or university 802m away
HealthcareHospital 624m away · 11 clinics within 1km · Pharmacy within 1km
LifestylePark 895m away · Gym or sports centre 559m away · 35+ restaurants and cafes within 1km
ShoppingSupermarket 500m away · Convenience store within 1km · Bank 291m away
Getting around
Expressway 1.7 kmPrimary road 971 m · Vishweshwarayya RoadRailway line 1.2 km · Mysuru–Bengaluru lineRailway station 1.6km away (Mandya)Bus stop within 1km
Water & environment
Water body 1.7 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹75.00 Lakh declared. What that works out to:

247%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

Mandya Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (1 Mar 2018) 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

Mandya Urban Development Authority

Urban Development Authority

Has approved 19 RERA projects — 0.2% of Karnataka.

a plotted-layout market — 16% apartments · 84% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
19
On record
88 flats · 854 plots
Reach
3 taluks
Since
2017

More layout-heavy than Karnataka overall — 84% 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.