The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Shivamogga
District
Bengaluru Urban
Address
Sy no 67/3 of Alkola Village,, Shivamogga Taluk
What’s nearby
Schools1 school within 1km · College or university 1.6km away
HealthcareHospital 464m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 858m away · Bank 737m away
Getting around
Expressway 370 m · Sagar RoadPrimary road 441 m · 100 ft Ring RoadRailway line 1.7 kmRailway station 3.6km away (Kotegangoor)Limited bus connectivity nearby
Water & environment
Water body 512 mCanal 847 m · Upper Tunga Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price
₹6.60 Cr declared. What that works out to:
₹306/sq ftof plotted area₹3,295/sq m
76%of the cost is land₹232/sq ft of land
This is what the builder 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.
Location & price analysis — done
04
Government Guidance Rate
Karnataka registration department
In Karnataka it’s called the guidance value.
No government guidance rate is shown for this project.
Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.
That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.
Government Guidance Rate — done
05
Planning authority
RERA Karnataka · Approved building plan
Shivamogga Urban Development Authority
Urban Development Authority
Layout Permit
The promised possession date (27 Aug 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
An approved 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 approved plan carries penalty or demolition risk.
The approving body, at scale
Shivamogga Urban Development Authority
Urban Development Authority
Has approved 114 RERA projects — 1.3% of Karnataka.
a plotted-layout market — 21% apartments · 79% plotted layouts. Your plotted layout is this body's core business.
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.
None on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka
Litigation
None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within Bengaluru Urban
218 plotted projects still under way within Bengaluru Urban. The nearest 6:
Projects within Bengaluru Urban, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.