HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
585 sq m
FAR sanctioned
1.74
Covered area
286 sq m
Open area
299 sq m

Timeline

Project startedAug 2017
Proposed completionMar 2020
RERA registeredMay 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Shrinidhi Infrastructures & Developers

DharwadBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

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
Dharwad
District
Dharwad
Address
Plot No. 54, 55, 56 Rudraganga Layout, Gokul Road, Hubli
What’s nearby
Schools2 schools within 500m · 4 educational institutions within 1km · College or university 395m away
HealthcareHospital 971m away · Clinic within 2km
LifestylePark 1.9km away · 9 restaurants and cafes within 1km
ShoppingSupermarket 419m away · Bank 418m away · ATM within 500m
Getting around
Expressway 1.6 km · Karwar RoadPrimary road 1.9 km · Pune Bangalore RoadRailway line 2.7 kmRailway station 3.2km away (Unkal)Bus stop within 1km
Water & environment
Water body 1.7 km · Tolanakere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.37 Cr declared. What that works out to:

31%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

Hubbali-Dharwad Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Mar 2020) 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

HUBBALI

Urban Development Authority · Dharwad Urban Development Authority

Has approved 119 RERA projects1.4% of Karnataka.

a mixed market52% apartments · 48% plotted layouts.

Builders
97
On record
892 flats · 1,580 plots
Reach
12 taluks
Since
2017

More layout-heavy than Karnataka overall — 48% 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.