HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
2,592 sq m
FAR sanctioned
2.5
Covered area
1,580 sq m
Open area
1,012 sq m
Garage area
45,926 sq m

Timeline

Project startedJan 2021
RERA registeredApr 2021
Proposed completionJan 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

MOHANA KRISHNA CONSTRUCT

RaichurBased in
1Projects
1City
2021–2024Active
Timelineevery project, start → promised completion
GDS HEMA PRIDE

GDS HEMA PRIDE

this project
Residential/Group Housing
Jan 2021started
Jan 2024target completion
₹1.82 Cr

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
Raichur
District
Raichur
Pincode
584101
Address
98/2 PLOT NO 5216 GDS LAYOUT, EKLASPUR RAICHUR CMC LIMITS
What’s nearby
Schools2 schools within 1km · 6 educational institutions within 1km · College or university 342m away
HealthcareHospital 183m away · 9 clinics within 1km · Pharmacy within 1km
LifestylePark 514m away
ShoppingNo supermarket within 2km · Mall 784m away · Bank 445m away
Getting around
Expressway 391 m · Station RoadPrimary road 481 mRailway line 546 m · Raichur - GadwalRailway station 1.6km away (Raichur)Bus stop within 1km
Water & environment
Water body 728 mCanal 3.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.82 Cr declared. What that works out to:

29%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

Raichur Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (12 Jan 2024) 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

Raichur Urban Development Authority

Urban Development Authority

Has approved 6 RERA projects — 0.1% of Karnataka.

an apartments market — 83% apartments · 17% plotted layouts. Apartments like yours are this body's core business.

Builders
5
On record
2,419 flats · 0 plots
Since
2019

More apartment-heavy than Karnataka overall — 83% 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.