HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
33,894 sq m
Covered area
18,546 sq m
Open area
15,348 sq m
Garage area
18,546 sq m

Timeline

Project startedMay 2018
Proposed completionMar 2020
RERA registeredNov 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Parvathamma

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2022–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
Raichur
District
Raichur
Pincode
584102
Address
Eklaspur, Near New DC Office Eklaspur
What’s nearby
SchoolsNearest school 1.1km away · 3 educational institutions within 1km · College or university 294m away
HealthcareHospital 249m away · 9 clinics within 1km
LifestylePark 929m away
ShoppingNo supermarket within 2km · Mall 955m away · Bank 172m away
Getting around
Expressway 151 m · Station RoadPrimary road 208 mRailway line 431 mRailway station 2.0km away (Raichur)Bus stop within 1km
Water & environment
Water body 1.2 kmCanal 3.7 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.50 Cr declared. What that works out to:

₹96/sq ftof plotted area₹1,033/sq m
57%of the cost is land₹55/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

Raichur Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Mar 2020) 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

Raichur Urban Development Authority

Urban Development Authority

Has approved 6 RERA projects0.1% of Karnataka.

an apartments market83% apartments · 17% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.

Builders
5
On record
2,419 flats · 0 plots
Since
2019

More apartment-heavy than Karnataka overall — 83% 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.