HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
41 units
Unit mix
41 × COMMERCIAL
Towers
1
Floors
5
Land area
1,154 sq m
Built-up area
4,276 sq m
FAR sanctioned
2.98
Covered area
527 sq m
Open area
627 sq m
Land parcels
6 survey nos

Timeline

Project startedOct 2022
RERA registeredOct 2022
Proposed completionOct 2026
TodayJul 2026
Construction progress

80% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas43%
Super-structure64%
Sub-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 unit

Filed by type and size, in the batches the promoter registered — not a per-unit listing. Look yours up.

41 units across 1 batch
TypeArea sq mCount
COMMERCIAL5341

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

BHANDARY CITY WORLD PRIVATE LIMITED

CompanyPromoter type
Dakshina KannadaBased in
3Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
82 homeson the public record across 3 projects
11,926 sq mbuilt-up filed
6,738 sq mland declared
₹140.06 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.

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
Mangalore
District
Dakshina Kannada
Pincode
575003
Address
DETAILED DRAWING SHOWS THE PROPOSED CONSTRUCTION OF COMMERCIAL BUILDING ON , S.N.532/1,532/2,532/1P,530/A2B1,530/A2B2,530/A2B3 OF KODIYALBAIL VILLAGE MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575003
North boundary
12°52'41.09"N
East boundary
12°52'41.80"N
South boundary
74°49'58.50"E
West boundary
74°49'59.71"E
What’s nearby
Schools4 schools within 1km · 7 educational institutions within 1km · College or university 782m away
HealthcareHospital 356m away · 1 clinic within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.0km away · 19+ restaurants and cafes within 1km
ShoppingSupermarket 286m away · Mall 1.3km away · Convenience store within 500m
Getting around
Expressway 2.4 kmPrimary road 818 m · Mahatma Gandhi RoadRailway line 1.8 kmRailway station 2.0km away (Mangaluru Central)Bus stop within 500m
Water & environment
Water body 286 mRiver 528 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
BorrowingProject borrowing declared
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹34.15 Cr declared to build 41 flats. What that works out to:

₹83.30 Lakhdeclared cost per flatall-in — land + construction
₹7,420/sq ftof built-up area₹79,869/sq m
64%of the cost is land₹17,729/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 30 Sep 2022 · 3 yrs ago
Building Permit no. E4/BA-42/2022-23Survey no. 532/1
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 E4/BA-42/2022-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% apartments here vs 62% 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.