HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
15,177 sq m
Covered area
8,134 sq m
Open area
7,043 sq m

Timeline

Project startedAug 2020
RERA registeredMar 2021
Proposed completionDec 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

R Nagaraj

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2021–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
Hospet
District
Ballari
Pincode
583201
Address
322/L1, 322/L2, 322/J2A and 322/J2B , of Hospet
What’s nearby
Schools1 school within 1km · 4 educational institutions within 1km · College or university 76m away
HealthcareHospital 299m away · Clinic within 2km · Pharmacy within 500m
LifestylePark 1.9km away · Gym or sports centre 66m away · 14+ restaurants and cafes within 1km
ShoppingSupermarket 1.1km away · Convenience store within 1km · Bank 46m away
Getting around
Expressway 2.6 km · Hosapete Bypass RoadPrimary road 43 m · Hampi RoadRailway line 912 mRailway station 1.5km away (Hosapete Junction)Bus stop within 500m
Water & environment
Canal 272 m · Basavanna Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.90 Cr declared. What that works out to:

₹116/sq ftof plotted area₹1,252/sq m
28%of the cost is land₹33/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

Hospete Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Dec 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. Your plotted layout is this body's core business.

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.