From the builder'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
Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.
UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
001Ground Floor1 BHK39.20—1.38
002Ground Floor2 BHK58.624.702.20
003Ground Floor3 BHK82.29—3.02
004Ground Floor2 BHK64.24—2.24
1011st Floor2 BHK6614.962.78
1021st Floor2 BHK58.9216.412.62
1031st Floor3 BHK84.7017.793.54
1041st Floor2 BHK64.8312.302.69
1051st Floor3 BHK81.1023.803.57
2012nd Floor2 BHK6614.962.78
2022nd Floor2 BHK58.9216.412.62
2032nd Floor3 BHK84.7017.793.54
2042nd Floor2 BHK64.8312.302.69
2052nd Floor3 BHK81.1023.803.57
Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.
Complete project overview — done
02
Builder’s track record
RERA Karnataka · Builder registration
Nidhi Land Infrastructure Developers India (P) Ltd , Karunakara Shetty & K Vimal Kumar
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.
Expressway 767 mPrimary road 455 m · Kuloor Ferry RoadRailway line 3.1 kmRailway station 3.3km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 905 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
As declared by the builder 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
₹9.32 Cr declared to build 14 flats. What that works out to:
₹66.59 Lakhdeclared cost per flatall-in — land + construction
₹6,304/sq ftof built-up area₹67,851/sq m
46%of the cost is land₹4,533/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.
Location & price analysis — done
04
Government Guidance Rate
Karnataka registration department
In Karnataka it’s called the guidance value.
No government guidance rate is shown for this project.
Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
Government Guidance Rate — done
05
Planning authority
RERA Karnataka · Approved building plan
Mangaluru Urban Development Authority
Urban Development Authority
approved 17 Jan 2026 · 8 mo ago
Building Permit no. E4/BA53/2024-25 (204354) KANIPA:263/2024-25Survey no. 10-2b1 (as per conversion order 10-2b1ap)
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.
Verify it yourself — look up plan E4/BA53/2024-25 (204354) KANIPA:263/2024-25 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Mangaluru Urban Development Authority
Urban Development Authority
Has approved 440 RERA projects — about 1 in 20 in Karnataka.
an apartments market — 96% 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.
None on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka
Litigation
Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
164 residential projects still under way within 25 km. Step out ring by ring:
Of the 431 projects the radar draws within 6 km — every kind, every stage — 122 are residential projects still under way. This list keeps only those, and looks further out.