HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
17 units
Unit mix
17 × SHOP
Towers
1
Floors
3
Land area
607 sq m
Built-up area
1,293 sq m
FAR sanctioned
1.67
Covered area
399 sq m
Open area
208 sq m
Land parcels
1 survey no

Timeline

Project startedJan 2022
RERA registeredJan 2023
Proposed completionDec 2023
TodayJul 2026

Find your unit

Filed by type and size, in the batches the promoter registered — not a per-unit listing. Look yours up.

17 units across 1 batch
TypeArea sq mCount
SHOP5317

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

FORTUNE PROMOTERS

Partnership FirmPromoter type
UdupiBased in
8Projects
3Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
292 homeson the public record across 8 projects
31,866 sq mbuilt-up filed
16,614 sq mland declared
₹101.81 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
Local Planning AuthorityTown & Country Planning (DTCP)this project7 of 8 projects
Mangaluru Urban Development AuthorityUrban Development Authority1 of 8 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
Karkala
District
Udupi
Pincode
574104
Address
CONSTRUCTION OF COMMERCIAL BUILDING AT S.N 82/5B , AT KUKKUNDOOR VILLAGE, KARKALA TALUK UDUPI , Karkala , Udupi, Karnataka - 574104
North boundary
13°14'15.68"N
East boundary
13°14'16.18"N
South boundary
74°59'1.66"E
West boundary
74°59'2.84"E
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.7km away
LifestyleNo parks within 2km · 3 restaurants and cafes within 1km
ShoppingSupermarket 173m away · Bank 85m away
Getting around
Expressway 5.0 kmPrimary road 83 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.6 km · Murngi PapanashiniWater body 3.7 km · Aanekere
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
BorrowingProject borrowing declared
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹3.55 Cr declared to build 17 flats. What that works out to:

₹20.86 Lakhdeclared cost per flatall-in — land + construction
₹2,548/sq ftof built-up area₹27,421/sq m
31%of the cost is land₹1,660/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 12 Jan 2022 · 4 yrs ago
Building Permit no. 80/2021-22Survey no. 82/5b

The promised possession date (31 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.

Verify it yourself — look up plan 80/2021-22 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.