HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
20 units
Unit mix
4 × 2BHK · 4 × COMMERCIAL UNITS · 4 × 3BHK · 4 × 3BHK · 4 × 2BHK
Towers
1
Floors
4
Land area
699 sq m
Built-up area
1,898 sq m
FAR sanctioned
2.74
Covered area
426 sq m
Open area
273 sq m

Timeline

Project startedJan 2025
RERA registeredApr 2025
Proposed completionJul 2029
TodayJul 2026
Construction progress

65% overall, as filed

Finishing0%
Amenities0%
External infra20%
Internal infra48%
Super-structure59%
Common areas64%
Sub-structure96%
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 flat

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

20 units across 5 batches
TypeArea sq mCount
2BHK194
COMMERCIAL UNITS884
3BHK244
3BHK234
2BHK184

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

GOURINANDAN BUILDCON

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion
GOURINANDAN ARCADE

GOURINANDAN ARCADE

this project
Mixed Development
Jan 2025started
Jul 2029target completion
20 flats1,898 sq m₹9.56 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
Belagavi
District
Belagavi
Pincode
590006
Address
CTS NO. 890, OPPOSITE SBI , 2ND STAGE, R C NAGAR , Belagavi , Belagavi, Karnataka - 590006
North boundary
R S NO. 709
East boundary
PLOT NO. 46
South boundary
ROAD
West boundary
ROAD
What’s nearby
Schools1 school within 1km · College or university 1.2km away
HealthcareHospital 428m away · 3 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km
ShoppingSupermarket 1.4km away · Convenience store within 1km · Bank 295m away
Getting around
Expressway 913 m · Belgaum - Panaji HighwayPrimary road 964 mRailway line 1.1 kmRailway station 3.1km away (Belagavi)Bus stop within 1km
Water & environment
Water body 527 m
distances only — not a flood assessment
Land, title & encumbrance
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

₹9.56 Cr declared to build 20 flats. What that works out to:

₹47.79 Lakhdeclared cost per flatall-in — land + construction
₹4,679/sq ftof built-up area₹50,363/sq m
30%of the cost is land₹3,791/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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
approved 13 Jun 2024 · 2 yrs ago
Building Permit no. BGM-LBPAS-248832/24-25/BP
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 BGM-LBPAS-248832/24-25/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects — 2.4% of Karnataka.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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.