HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
11,212 sq m
Covered area
8,325 sq m
Open area
2,887 sq m

Timeline

Project startedOct 2021
RERA registeredOct 2021
Proposed completionOct 2026
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

KARNATAKA SLUM DEVOLOPMENT BOARD

Bengaluru UrbanBased in
2Projects
2Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
22,425 sq mland declared
₹30.75 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Devar Hipparagi
District
Vijayapura
Pincode
586204
Address
Ward No 5 Siddram Jamadar houses and Basavraj Bajanthri houses , Ward no-9 Babusab appasab Loni house to Nilamma Chandramma salimani house , Ward No-16 Ibrahim Dafedar House to Rafiq Momin house , Ward No-17 Abdul razaq Shahapur houses to Omalu tavaru house
Price analysisdeclared build cost — not a sale price

₹17.00 Cr declared. What that works out to:

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

KSDB - Karnataka State Slum Development Board

Building Permit
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

KSDB

Planning authority · Karnataka State Slum Development Board

Has approved 282 RERA projects3.2% of Karnataka.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
31
On record
1,002 flats · 0 plots
Reach
141 taluks
Since
2019

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.