HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
8,720 sq m
FAR sanctioned
17304.5
Covered area
2,229 sq m
Open area
6,490 sq m
Garage area
2,350 sq m

Timeline

Project startedMay 2013
Proposed completionMar 2015
RERA registeredMar 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

MOHAMMED FAYAZUDDIN K

Bengaluru UrbanBased in
1Projects
1City
2018–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
Mangalore
District
Bengaluru Urban
Pincode
560097
Address
KHB COLONY, KOTEKAR , BAGAMBILA, POST KOTEKAR, MANGALORE
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.5km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 902m away
Getting around
Expressway 28 m · Mangaluru-Kasargod HighwayRailway line 293 mRailway station 314m away (Ullal)Limited bus connectivity nearby
Water & environment
River 3.7 km · TalapadiWater body 5.0 km · Theertha Sana Pond
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹62.81 Cr declared. What that works out to:

2%of the cost is 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)
Building Permit

The promised possession date (30 Mar 2015) 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

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.

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.