HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
45 units
Unit mix
24 × 2BHK · 15 × 3BHK · 6 × 2BHK+STUDY
Towers
2
Floors
6
Land area
2,608 sq m
Built-up area
7,929 sq m
FAR sanctioned
3
Covered area
1,243 sq m
Open area
1,365 sq m
Land parcels
1 survey no

Timeline

Project startedJan 2025
RERA registeredFeb 2025
Proposed completionFeb 2027
TodayJul 2026
Construction progress

31% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas7%
Super-structure16%
Sub-structure94%
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 flat

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

45 units across 3 batches
TypeArea sq mCount
3BHK11615
2BHK7624
2BHK+STUDY936

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

M/s. ASBURY VENTURES LLP

Partnership FirmPromoter type
MysoreBased in
1Projects
1City
2025–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
Virajpet
District
Kodagu
Pincode
571213
Address
Kaikeri Village , Hathur Gram Panchayat , Ponnampet Taluk , Virajpet , Kodagu, Karnataka - 571213
North boundary
Vrajpete-Gonikoppal Main road
East boundary
Path
South boundary
Sy no.87/2
West boundary
Sy no.87/2
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 64 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 3.4 kmRiver 4.4 km · Kirehole ಕೀರೆಹೊಳೆ
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹17.98 Cr declared to build 45 flats. What that works out to:

₹39.95 Lakhdeclared cost per flatall-in — land + construction
₹2,106/sq ftof built-up area₹22,672/sq m
8%of the cost is land₹526/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 23 Oct 2024 · 1 yr ago
Building Permit no. C2/V.G.P/H.G.P/K.P/322/1/2024-25Survey no. 87/64
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 C2/V.G.P/H.G.P/K.P/322/1/2024-25 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.