HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
27 units
Unit mix
15 × 2 BHK · 12 × 3 BHK
Towers
1
Floors
4
Land area
1,750 sq m
Built-up area
4,533 sq m
FAR sanctioned
1.55
Covered area
845 sq m
Open area
905 sq m
Land parcels
3 survey nos

Timeline

Project startedMay 2025
RERA registeredMay 2025
Proposed completionDec 2029
TodayJul 2026
Construction progress

10% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas0%
Super-structure1%
Sub-structure58%
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.

27 units across 2 batches
TypeArea sq mCount
3 BHK11412
2 BHK8515

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

GURUSHREE ASSOCIATES

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

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
Udupi
District
Udupi
Pincode
576101
Address
DETAILED PLAN OF PROPOSED CONSTRUCTION OF RESIDENTIAL APARTMENT BUILDING , IN S.N.75/1 OF SHIVALLI VILLAGE UDUPI , Udupi , Udupi, Karnataka - 576101
North boundary
13°20'42.80"N
East boundary
13°20'43.91"N
South boundary
74°45'42.47"E
West boundary
74°45'43.17"E
What’s nearby
SchoolsNearest school 1.2km away · College or university 493m away · Library 1.6km away
HealthcareHospital 329m away · 4 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km
ShoppingSupermarket 546m away · Mall 1.4km away · Bank 114m away
Getting around
Expressway 103 mPrimary road 1.2 kmRailway line 902 m · Konkan RailwayRailway station 1.4km away (Udupi)Limited bus connectivity nearby
Water & environment
Water body 1.1 km · Sri Madhva Sarovara
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹14.52 Cr declared to build 27 flats. What that works out to:

₹53.77 Lakhdeclared cost per flatall-in — land + construction
₹2,975/sq ftof built-up area₹32,027/sq m
15%of the cost is land₹1,190/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 24 Jul 2024 · 2 yrs ago
Building Permit no. UDP-LBPAS-18447/23-24/BPSurvey no. 75/1a1
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 UDP-LBPAS-18447/23-24/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.

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.