HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
1,82,510 sq m
Covered area
1,82,510 sq m
Open area
20,274 sq m

Timeline

Project startedJun 2021
RERA registeredDec 2021
Proposed completionJun 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

COMMISSIONER

ShivamoggaBased in
7Projects
6Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
4,134 homeson the public record across 7 projects
1,51,560 sq mbuilt-up filed
6,99,902 sq mland declared
₹1031.60 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.

Planning authoritiesthis builder's portfolio, by approving body
Hubballi Dharwad Municipal CorporationMunicipal / Corporation2 of 7 projects
Shivamogga Urban Development AuthorityUrban Development Authoritythis project2 of 7 projects
Bellary Urban Development AuthorityUrban Development Authority1 of 7 projects
Kalburgi Urban Development AuthorityUrban Development Authority1 of 7 projects
KSDB - Karnataka State Slum Development Board1 of 7 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Shivamogga
District
Bengaluru Urban
Pincode
560001
Address
Govindapura village, Shivamogga taluk, shivamogga
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.0 kmPrimary road 2.9 km · Agumbe - Koppa RdNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 2.0 km · TungaWater body 3.8 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹261.98 Cr declared. What that works out to:

0%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

Shivamogga Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (9 Jun 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

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects1.3% of Karnataka.

a plotted-layout market21% apartments · 79% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

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.

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.