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.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Shivamogga
District
Shivamogga
Pincode
577533
Address
Re sY No 168/5 , 168/6 , 168/3 MATTODU VILLAGE HOLALURU HOBLI , SHIVAMOGGA TALUK , Shivamogga , Shivamogga, Karnataka - 577533
What’s nearby
SchoolsNearest school 1.7km away · College or university 1.9km away
HealthcareHospital 1.2km away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 1.3 km · Savalanga RoadRailway line 3.3 kmRailway station 3.5km away (Shimoga Town)Limited bus connectivity nearby
Water & environment
Canal 1.1 kmWater body 1.6 km
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
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
₹3.09 Cr declared to build 94 plots. What that works out to:
₹3.28 Lakhdeclared cost per plotall-in — land + construction
38%of the cost is 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
Shivamogga Urban Development Authority
Urban Development Authority
approved 22 Nov 2022 · 3 yrs ago
Layout Permit no. 301/2022-23Survey no. 168/3
The promised possession date (22 Nov 2022) 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
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 301/2022-23 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Shivamogga Urban Development Authority
Urban Development Authority
Has approved 114 RERA projects — 1.3% of Karnataka.
a plotted-layout market — 21% apartments · 79% plotted layouts. Your plotted layout is this body's core business.
Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018
More layout-heavy than Karnataka overall — 79% 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.
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 Shivamogga
5 plotted projects still under way within Shivamogga. Step out ring by ring:
Of the 60 projects the radar draws within 6 km — every kind, every stage — 1 is a plotted project still under way. This list keeps only those, and looks further out.