HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
648 sq m
FAR sanctioned
1.16
Covered area
188 sq m
Open area
460 sq m
Garage area
13 sq m

Timeline

RERA registeredNov 2020
Project startedDec 2020
Proposed completionDec 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SUCHITHRA PRABHAKAR

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–2023Active
Timelineevery project, start → promised completion
CLASSIC NEST

CLASSIC NEST

this project
Residential/Group Housing
Dec 2020started
Dec 2023target completion
₹1.72 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
Udupi
District
Udupi
Pincode
576102
Address
PROPOSED CONSTRUCTION OF RESIDENTIAL APARTMENT BUILDING IN S.NO-202/4P3 AT, 68 PUTTUR VILLAGE IN UDUPI TALUK & UDUPI DISTRICT
What’s nearby
SchoolsNearest school 1.6km away · Library 1.5km away
HealthcareNearest hospital 2.1km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 18 mPrimary road 2.6 kmRailway line 1.8 km · Konkan RailwayRailway station 4.5km away (Udupi)Limited bus connectivity nearby
Water & environment
River 2.3 km · SuvarnaWater body 2.7 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.72 Cr declared. What that works out to:

13%of the cost is 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

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (20 Dec 2023) 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

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects — 1.5% of Karnataka.

an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.