Build cost is what the builder 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 builder, 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.
Sy No. 81, 82 & 399, Vajamangala Village , Varuna Hobli , MYSORE , Mysore, Karnataka - 570028
What’s nearby
SchoolsNearest school 2.0km away
HealthcareNearest hospital 3.3km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 3.2 km · Kozhikode - Kollegal HighwayPrimary road 549 m · Bannur RoadNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Canal 786 mWater body 2.0 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
MortgageNone declared on the project / land
As declared by the builder 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
₹13.92 Cr declared to build 157 plots. What that works out to:
₹8.87 Lakhdeclared cost per plotall-in — land + construction
69%of the cost is 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.
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
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.
Verify it yourself — look up plan my.na.pra/na.yo/v.na/77/2019-20 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Mysuru Urban Development Authority
Urban Development Authority
Has approved 429 RERA projects — about 1 in 20 in Karnataka.
a plotted-layout market — 14% apartments · 86% plotted layouts. Your plotted layout is this body's core business.
Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017
More layout-heavy than Karnataka overall — 86% 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
Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
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 25 km
147 plotted projects still under way within 25 km. Step out ring by ring:
Of the 108 projects the radar draws within 6 km — every kind, every stage — 25 are plotted projects still under way. This list keeps only those, and looks further out.
5 projects between 1 and 3 km — showing the nearest 5.
1.2 km awayPlotted Development
HERBAL PEARLS - 2
GSS PROJECT CONSULTANTS PRIVATE LIMITED · MYSORE
5 yr 2 mo
Oct 2025started
Dec 2030target completion
⚠ no escrow declaredDeclared cost₹2.53 CrScale37 plotsAuthorityRERA Karnataka