HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
44 units
Unit mix
44 × RESIDENTIAL 1BHK,2BHK,3BHK
Towers
1
Floors
5
Land area
1,208 sq m
Built-up area
4,459 sq m
FAR sanctioned
3607
Covered area
769 sq m
Open area
439 sq m

Timeline

Project startedDec 2023
RERA registeredMay 2024
Proposed completionMar 2027
TodayJul 2026
Construction progress

97% overall, as filed

External infra66%
Finishing80%
Internal infra83%
Amenities89%
Super-structure90%
Common areas94%
Sub-structure100%
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.

44 units across 1 batch
TypeArea sq mCount
RESIDENTIAL 1BHK,2BHK,3BHK6544

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

CHIRAYU BUILDERS

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
CHIRAYU RESIDENCY

CHIRAYU RESIDENCY

this project
Apartment
Dec 2023started
Mar 2027target completion
44 flats4,459 sq m₹12.82 Cr

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
Belagavi
District
Belagavi
Pincode
590006
Address
CTS NO-2365/5, GODSE WADI , TILAKWADI BELAGAVI , Belagavi , Belagavi, Karnataka - 590006
North boundary
CTS NO-2365/2, Ii.e R Sy No-73/2
East boundary
6 m Wide Road There After R Sy No-82 and CTS No-2365/6
South boundary
CTS NO-2365/1 i.e R Sy No-72
West boundary
12.14 Mt Wide Road i.e CTS No-2365/4
What’s nearby
Schools2 schools within 500m · 3 educational institutions within 1km · College or university 1.9km away
HealthcareHospital 516m away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.9km away · Convenience store within 1km
Getting around
Expressway 1.7 km · Congress RoadPrimary road 1.8 kmRailway line 1.8 kmRailway station 3.0km away (Belagavi)Bus stop within 500m
Water & environment
Water body 1.1 km
distances only — not a flood assessment
Land, title & encumbrance
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

₹12.82 Cr declared to build 44 flats. What that works out to:

₹29.15 Lakhdeclared cost per flatall-in — land + construction
₹2,672/sq ftof built-up area₹28,761/sq m
32%of the cost is land₹3,203/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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
approved 28 Dec 2023 · 2 yrs ago
Building Permit no. BGM-LBPAS-23518/23-24/BP
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 BGM-LBPAS-23518/23-24/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects — 2.4% of Karnataka.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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.