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BASAVESHWARA NAGARA

PRM/KA/RERA/1255/477/PR/181103/002122 · RERA Karnataka · https://gethorizon.in/projects/basaveshwara-nagara-chikkamagaluru-jyw9umgx

01

Complete project overview

RERA Karnataka · Registration filing
Project name
BASAVESHWARA NAGARA
Plots
137 plots
Land area
37,244 sq m
Covered area
20,387 sq m
Open area
16,857 sq m
Garage area
20,387 sq m

Timeline

Project startedMay 2018
RERA registeredNov 2018
Proposed completionMay 2020
TodaySep 2026

Find your plot

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

UnitTypeTotal sq m
1Plot
2Plot
3Plot
4Plot108
5Plot
6Plot
7Plot
8Plot
9Plot
10Plot135
11Plot135
12Plot180
13Plot144
14Plot108
15Plot108
16Plot
17Plot
18Plot108
19Plot108
20Plot144
21Plot144
22Plot108
23Plot108
24Plot
25Plot
26Plot108
27Plot108
28Plot144
29Plot144
30Plot108
31Plot108
32Plot
33Plot
34Plot108
35Plot108
36Plot144
37Plot139.50
38Plot
39Plot
40Plot
41Plot
42Plot
43Plot
44Plot216
45Plot216
46Plot216
47Plot216
48Plot216
49Plot216
50Plot216
51Plot216
52Plot216
53Plot216
54Plot216
55Plot216
56Plot216
57Plot
58Plot135
59Plot135
60Plot135
61Plot135
62Plot135
63Plot135
64Plot135
65Plot135
66Plot135
67Plot135
68Plot135
69Plot135
70Plot135
71Plot135
72Plot135
73Plot135
74Plot135
75Plot135
76Plot135
77Plot
78Plot
79Plot108
80Plot108
81Plot108
82Plot108
83Plot108
84Plot
85Plot
86Plot
87Plot
88Plot
89Plot
90Plot
91Plot109.80
92Plot
93Plot
94Plot
95Plot
96Plot
97Plot
98Plot
99Plot54
100Plot54
101Plot54
102Plot54
103Plot54
104Plot162
105Plot162
106Plot162
107Plot162
108Plot
109Plot
110Plot108
111Plot108
112Plot108
113Plot108
114Plot108
115Plot108
116Plot135
117Plot135
118Plot135
119Plot135
120Plot135
121Plot
122Plot
123Plot135
124Plot135
125Plot135
126Plot135
127Plot135
128Plot135
129Plot135
130Plot
131Plot
132Plot
133Plot
134Plot
135Plot
136Plot
137Plot

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Karnataka · Builder registration

SMK DEVELOPERS

TumakuruBased in
1Projects
1City
2018–2020Active
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
Chikkamagaluru
District
Tumakuru
Address
HIREMAGALUR VILLAGE KAASABA HOBLI, CHIKKAMAGALUR TALUK
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 796 mPrimary road 3.5 km · Beluru RoadRailway line 534 m · Chikmagalur - Kadur branchRailway station 1.8km away (Chikkamagaluru)Limited bus connectivity nearby
Water & environment
Water body 477 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹140.00 Cr declared to build 137 plots. What that works out to:

₹1.02 Crdeclared cost per plotall-in — land + construction
₹3,492/sq ftof plotted area₹37,590/sq m
7%of the cost is land₹249/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 Department of Stamps & Registration — 2023-24 guidance-value gazettes

In Karnataka it’s called the guidance value.

₹8,361per sq yd
₹10,000per sq m
Which rate
site (guidance value)
Matched to
The rate published for “Hiremagalur”.
In force
effective Oct 2023
Spread
₹7,525₹8,361 per sq yd across the places it was taken over

This filing declares ₹37,590 per sq m of plotted area — 3.76× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

  • The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
  • Not a market price. Sales normally register above it, and how far above varies by place and by project.
  • Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05

Planning authority

RERA Karnataka · Approved building plan

Chikkamagaluru Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (9 May 2020) 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

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.

The approving body, at scale

Chikkamagaluru Urban Development Authority

Urban Development Authority

Has approved 16 RERA projects0.2% of Karnataka.

a mixed market38% apartments · 62% plotted layouts.

Builders
16
On record
20 flats · 1,229 plots
Reach
4 taluks
Since
2018

More layout-heavy than Karnataka overall — 62% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

3 plotted projects still under way within 25 km. Step out ring by ring:

1 project within 10 km — showing the nearest 1.

ChikkamagaluruPlotted Development

PRASHANTH NAGAR

Mr.CHANDRAKANTHEGOWDA

Mar 2022started
Apr 2027target completion
Declared cost₹12.14 CrScale149 plotsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.