HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
17 units
Unit mix
9 × 2BHK · 6 × 3BHK · 2 × COMMERCIAL (COMPUTER INSTITUTE)
Towers
1
Floors
5
Land area
836 sq m
Built-up area
2,388 sq m
FAR sanctioned
2.86
Covered area
560 sq m
Open area
276 sq m

Timeline

Project startedNov 2023
RERA registeredJan 2024
Proposed completionDec 2026
TodayJul 2026
Construction progress

100% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
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.

17 units across 3 batches
TypeArea sq mCount
COMMERCIAL (COMPUTER INSTITUTE)5302
3BHK1006
2BHK739

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

VATSALA CONSTRUCTIONS MADAN D DESHPANDE HUF

Other ( HINDU UNDIVIDED FAMILY (HUF) )Promoter type
BelagaviBased in
1Projects
1City
2024–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
Belagavi
District
Belagavi
Pincode
590006
Address
CTS NO-3270, PLOT NO-480, SY.NO- 30/1/5/28, 32/1/15 & 51/1/2, , 2ND CROSS, BHAGYANAGAR, ANGOL, BELAGAVI , Belagavi , Belagavi, Karnataka - 590006
North boundary
By 30’ Wide Main Road & Thereafter Plot No-481
East boundary
By 15’ Bhangi Passage: & Thereafter Plot No-491
South boundary
By Plot No-479
West boundary
By 50’ Wide Road: & Thereafter Plot No-423
What’s nearby
Schools1 school within 500m · 9 educational institutions within 1km · College or university 479m away
HealthcareHospital 165m away · 3 clinics within 1km · Doctor's clinic within 1km
LifestylePark 1.1km away · 8 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 362m away · Mall 1.2km away · Convenience store within 1km
Getting around
Expressway 536 m · Congress RoadPrimary road 346 m · Atal Bihari Vajpayee MargRailway line 537 mRailway station 2.2km away (Belagavi)Bus stop within 1km
Water & environment
Water body 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.20 Cr declared to build 17 flats. What that works out to:

₹60.00 Lakhdeclared cost per flatall-in — land + construction
₹3,969/sq ftof built-up area₹42,717/sq m
18%of the cost is land₹2,024/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 3 Nov 2023 · 2 yrs ago
Building Permit no. BGM-LBPAS-22714/23-24/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-22714/23-24/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 projects2.4% of Karnataka.

an apartments market100% 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.