HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
18,362 sq m
Covered area
9,751 sq m
Open area
8,611 sq m

Timeline

Project startedJul 2018
RERA registeredJul 2018
Proposed completionMar 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Neelgund Developers & Builders Pvt. Ltd.

DharwadBased in
6Projects
2Cities
2018–2020Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
6 projectson the public record across 6 projects
1,61,315 sq mplotted area
1,61,315 sq mland declared
₹38.77 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
Dharwad
District
Dharwad
Address
R.S. No 904/4+5+6, ZP Road,, Kusugal, Hubli
What’s nearby
Schools1 school within 500m · College or university 133m away
HealthcareHospital 1.3km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 802m away
Getting around
Expressway 2.1 km · Gadag RoadPrimary road 735 m · Solapur RoadRailway line 1.1 km · Hubbali Bypass LineRailway station 2.6km away (Hubballi)Limited bus connectivity nearby
Water & environment
Water body 1.2 km · Nagashetty Koppa Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.50 Cr declared. What that works out to:

₹278/sq ftof plotted area₹2,995/sq m
55%of the cost is land₹152/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

Hubbali-Dharwad Urban Development Authority

Urban Development Authority
Layout 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.