HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
653 sq m
FAR sanctioned
2.5
Covered area
459 sq m
Open area
194 sq m

Timeline

Project startedJul 2018
RERA registeredAug 2019
Proposed completionAug 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

AXIS PROPERTIES

BallariBased in
1Projects
1City
2019–2021Active
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
Hospet
District
Ballari
Pincode
583201
Address
No:31-1-501-0118, Plot No : 17B , Old Door No : 111 , New Door No : 262,, Old 15th Ward & New 31st Ward,New asswssment No. 262, N.C. Colany, Hospet
What’s nearby
Schools1 school within 1km · College or university 1.5km away
HealthcareHospital 241m away · Clinic within 2km
LifestylePark 1.8km away · Swimming pool within 2km
ShoppingSupermarket 1.7km away · Mall 244m away · Bank 557m away
Getting around
Expressway 1.3 km · Hosapete Bypass RoadPrimary road 148 m · Tungabhadra Dam RoadRailway line 1.8 km · Harihara Hosapete RailwayRailway station 2.8km away (Tunga Bhadra Dam)Limited bus connectivity nearby
Water & environment
Canal 445 mWater body 3.4 km · Thunga Bhadra back waters view point
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.75 Cr declared. What that works out to:

18%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

Hospete Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (20 Aug 2021) 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

Hospete Urban Development Authority

Urban Development Authority

Has approved 64 RERA projects0.7% of Karnataka.

a plotted-layout market9% apartments · 91% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
59
On record
379 flats · 2,474 plots
Reach
3 taluks
Since
2019

More layout-heavy than Karnataka overall — 91% 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.