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Detailed Report

HI SPIRITS

PRM/KA/RERA/1257/334/PR/150423/005869 · RERA Karnataka · https://gethorizon.in/projects/hi-spirits-mangalore-8csig43j

01

Complete project overview

RERA Karnataka · Registration filing
Units
8 units
Unit mix
1 × 3BHK · 1 × 3BHK · 1 × COMMERCIAL · 1 × COMMERCIAL · 1 × COMMERCIAL · 1 × COMMERCIAL · 1 × COMMERCIAL · 1 × 1BHK
Towers
1
Floors
4
Land area
559 sq m
Built-up area
1,930 sq m
FAR sanctioned
2.5
Covered area
269 sq m
Open area
290 sq m
Land parcels
1 survey no

Timeline

Project startedApr 2017
Proposed completionFeb 2022
RERA registeredApr 2023
TodaySep 2026

Find your flat

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
UnitTypeCarpetUndivided shareUnitTypeCarpetUndivided share
B001Ground FloorCOMMERCIAL49.464.62001Ground FloorCOMMERCIAL138.5811.79
002Ground FloorCOMMERCIAL56.805.261011st FloorCOMMERCIAL160.7314.85
2012nd FloorCOMMERCIAL219.8119.843013rd Floor3 BHK153.7517.60
3023rd Floor1 BHK43.114.224014th Floor3 BHK181.7521.82
02

Builder’s track record

RERA Karnataka · Builder registration

JOACHIM LOUIS PINTO AND PHILOMENA ARANHA

Proprietorship FirmPromoter type
Dakshina KannadaBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Karnataka · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 33 new projects last year
  • 432 nearby projects
1 km radius · coordinates as filed · 12.8720, 74.8564 · © OpenStreetMap contributors
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575002
Address
417/P3 KADRI VILLAGE MANGALORE , MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575002
North boundary
REMAINING PORTION OF THE SAME SURVEY NO
East boundary
SURVEY LINE AND LOWER BENDORE ROAD
South boundary
SURVEY LINE
West boundary
REMAINING PORTION OF THE SAME SURVEY NO
What’s nearby
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.

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 2017
Jan 2023
Feb 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

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.

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 projectsabout 1 in 20 in Karnataka.

an apartments market96% 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.

See every project approved by RERA Karnataka

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.

12 projects within 1 km — showing the nearest 6.

220 m awayApartment

Altitude

LAND TRADES BUILDERS & DEVELOPERS · Mangalore

Jan 2026started
Dec 2029target completion
Declared cost₹81.66 CrScale28 flatsAuthorityRERA Karnataka
250 m awayApartment

LOTUS SIGNATURE

SIGNATURE PROPERTIES · Mangalore

Jan 2026started
Dec 2027target completion
Declared cost₹9.05 CrScale22 flatsAuthorityRERA Karnataka
270 m awayApartment

DAVID’S COURT

MARIAN PROMINENCE LLP · Mangalore

Dec 2024started
Dec 2029target completion
Declared cost₹7.97 CrScale18 flatsAuthorityRERA Karnataka
420 m awayApartment

BMK SKY VILLA

Land Trades Builders and Developers Private Limited · Mangalore

Jan 2024started
Jan 2027target completion
Declared cost₹61.69 CrScale23 flatsAuthorityRERA Karnataka
710 m awayApartment

ROHAN GARDEN

PROPERTY REAL ESTATE & DEVELOPERS · Mangalore

Jan 2026started
Dec 2030target completion
Declared cost₹26.18 CrScale28 flatsAuthorityRERA Karnataka
750 m awayApartment

POORVAJ

Nidhi Land Infrastructure Developers India (P) Ltd., · Mangalore

Dec 2024started
Nov 2029target completion
Declared cost₹16.96 CrScale9 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: as filed with RERA Karnataka.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • 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).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  6. 06Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  8. 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.