HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Units
29 units
Unit mix
16 × 2 BHK · 9 × SHOP · 4 × 3 BHK
Towers
1
Floors
5
Land area
526 sq m
Built-up area
3,100 sq m
FAR sanctioned
4.49
Covered area
416 sq m
Open area
110 sq m
Land parcels
2 survey nos

Timeline

Project startedSep 2023
Proposed completionJan 2025
RERA registeredApr 2025
TodayJul 2026

Find your flat

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

29 units across 3 batches
TypeArea sq mCount
2 BHK8116
SHOP309
3 BHK1084

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

SIMON MASCARENHAS

ProprietorshipPromoter type
Dakshina KannadaBased 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
Moodabidri
District
Dakshina Kannada
Pincode
574213
Address
PROPOSED CONSTRUCTION OF COMMERICAL BUILDING IN , SY NO-123/16, 123/2A5 OF BELVAI VILLAGE, MOODBIDRI , Moodabidri , Dakshina Kannada, Karnataka - 574213
North boundary
13° 7'50.00"N
East boundary
13° 7'50.70"N
South boundary
74°59'50.10"E
West boundary
74°59'50.87"E
What’s nearby
SchoolsNearest school 1.2km away
HealthcareHospital 1.2km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · ATM within 500m
Getting around
Expressway 206 m · Solapur-Mangalore HighwayNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 4.1 km · Shambhavi
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹4.67 Cr declared to build 29 flats. What that works out to:

₹16.11 Lakhdeclared cost per flatall-in — land + construction
₹1,400/sq ftof built-up area₹15,070/sq m
5%of the cost is land₹383/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 15 Sep 2023 · 2 yrs ago
Building Permit no. BCL_01424/1511003025/23-24Survey no. 123/16

The promised possession date (30 Jan 2025) 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.

Verify it yourself — look up plan BCL_01424/1511003025/23-24 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.