Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.
UnitTypeCarpet sq mUndivided share sq m
B001Ground FloorCOMMERCIAL49.464.62
001Ground FloorCOMMERCIAL138.5811.79
002Ground FloorCOMMERCIAL56.805.26
1011st FloorCOMMERCIAL160.7314.85
2012nd FloorCOMMERCIAL219.8119.84
3013rd Floor3 BHK153.7517.60
3023rd Floor1 BHK43.114.22
4014th Floor3 BHK181.7521.82
Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.
All 8 units as filed, two to a row · areas in sq m
The only project Horizon has read from this builder so far. Dates are the project’s start (where filed) and target-completion dates on the RERA filing; delivery isn’t reported here.
Schools1 school within 1km · College or university 711m away · Library 1.1km away
HealthcareHospital 538m away · 6 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.6km away · 16+ restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Mall 1.6km away · Convenience store within 1km
Getting around
Expressway 801 mPrimary road 110 mRailway line 1.6 kmRailway station 1.7km away (Mangaluru Central)Limited bus connectivity nearby
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
₹6.38 Cr declared to build 8 flats. What that works out to:
₹79.74 Lakhdeclared cost per flatall-in — land + construction
₹3,071/sq ftof built-up area₹33,052/sq m
35%of the cost is land₹3,754/sq ft of 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
Satellite view of the site
Google Open Buildings, 2016–2023 · Sentinel-2 imagery
No building detected within ~20 m of the recorded location in any year from 2016 to 2023.
Satellite view, year by year
loading 2023…
Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.
Satellite photographs of the same ground
Jan 2017Jan 2023Feb 2026
Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.
How to read this
No building is visible in this circle through 2023. That is what the imagery shows, not a statement about the project’s progress.
This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
Satellite view of the site — done
05
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.
Government Guidance Rate — done
06
Planning authority
RERA Karnataka · Approved building plan
Mangaluru Urban Development Authority
Urban Development Authority
approved 22 Dec 2016 · 9 yrs ago
Building Permit no. E2/BA1/2016-17 KANIPA16/2016-17Survey no. 417/p3
The promised possession date (28 Feb 2022) 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 E2/BA1/2016-17 KANIPA16/2016-17 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Mangaluru Urban Development Authority
Urban Development Authority
Has approved 440 RERA projects — about 1 in 20 in Karnataka.
an apartments market — 96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.
Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017
More apartment-heavy than Karnataka overall — 96% 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.
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
08
Other projects nearby
The register · within 25 km
164 residential projects still under way within 25 km. Step out ring by ring:
Of the 432 projects the radar draws within 6 km — every kind, every stage — 122 are residential projects still under way. This list keeps only those, and looks further out.
Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
05Government Guidance Rate
No government guidance rate could be matched to this project from Karnataka's published schedules.
06Planning authority
RERA Karnataka: the approved building plan, as filed.
The approving body's other projects: counted by Horizon across the register.
07Complaints & litigation
RERA Karnataka's public record lists no complaints or litigation for this project.
08Other projects nearby
The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/hi-spirits-mangalore-8csig43j.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.