HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
4
Land area
9,551 sq m
FAR sanctioned
0.3
Covered area
2,410 sq m
Open area
7,141 sq m
Garage area
216 sq m

Timeline

Project startedAug 2014
RERA registeredNov 2017
Proposed completionAug 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Coorg Ventures LLP

KodaguBased in
1Projects
1City
2017–2023Active
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
Madikeri
District
Kodagu
Pincode
571201
Address
Sy No 83 9 K-Nidugane village, Madikeri taluk
What’s nearby
Schools1 school within 500m
HealthcareHospital 207m away · 9 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 20+ restaurants and cafes within 1km
ShoppingSupermarket 82m away · Convenience store within 1km · Bank 120m away
Getting around
Expressway 205 m · Mani - Mysore RoadPrimary road 72 m · Main RoadNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.50 Cr declared. What that works out to:

2%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

Madikeri Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Aug 2023) 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

Madikeri Urban Development Authority

Urban Development Authority

Has approved 7 RERA projects0.1% of Karnataka.

a plotted-layout market14% apartments · 86% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
7
On record
0 flats · 1,659 plots
Reach
3 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% 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.