HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
31 units
Unit mix
31 × Shop
Towers
1
Floors
5
Land area
1,202 sq m
Built-up area
5,416 sq m
FAR sanctioned
3.11
Covered area
573 sq m
Open area
629 sq m
Land parcels
3 survey nos

Timeline

Project startedMay 2024
RERA registeredMay 2024
Proposed completionOct 2026
TodayJul 2026
Construction progress

55% overall, as filed

Amenities0%
Internal infra3%
External infra11%
Finishing23%
Super-structure46%
Common areas63%
Sub-structure80%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your unit

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

31 units across 1 batch
TypeArea sq mCount
Shop9831

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

FOURWALLS BUILDERS & DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased in
2Projects
2Cities
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
45 homeson the public record across 2 projects
7,517 sq mbuilt-up filed
1,809 sq mland declared
₹41.05 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
Dakshina Kannada
District
Dakshina Kannada
Pincode
575004
Address
DRAWING SHOWS THE PROPOSED CONSTRUCTION OF COMMERCIAL BUILDING AT , S.N.17/10P, 17/7BP KODIALBAIL VILLAGE MANGALORE , Dakshina Kannada , Dakshina Kannada, Karnataka - 575004
North boundary
Road
East boundary
Sub division line and survey line
South boundary
Survey Line
West boundary
Main Road Bejai Kapikad Road
What’s nearby
Schools1 school within 1km · College or university 1.0km away · Library 846m away
HealthcareHospital 611m away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 1.5km away · 3 restaurants and cafes within 1km
ShoppingSupermarket 674m away · Mall 1.3km away · Bank 211m away
Getting around
Expressway 819 mPrimary road 549 m · George Fernandes RoadRailway line 2.8 kmRailway station 3.1km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 600 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned + joint development (JDA)
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹31.50 Cr declared to build 31 flats. What that works out to:

₹1.02 Crdeclared cost per flatall-in — land + construction
₹5,404/sq ftof built-up area₹58,166/sq m
42%of the cost is land₹10,211/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 8 Feb 2024 · 2 yrs ago
Building Permit no. E4/BA. 43/2023-24 KANIPA -237/2023-24Survey no. 17/10 a
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 E4/BA. 43/2023-24 KANIPA -237/2023-24 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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.