HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
2,257 sq m
FAR sanctioned
1.5
Covered area
2,257 sq m
Open area
778 sq m
Garage area
10,318 sq m

Timeline

Project startedJan 2019
RERA registeredOct 2019
Proposed completionJan 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SATHYANARAYANA Y S

IndividualPromoter type
KarnatakaBased in
5Projects
1City
2019–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
519 plotson the public record across 5 projects
7,486 sq mplotted area
9,743 sq mland declared
₹28.42 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
MYSORE
District
Mysore
Pincode
570009
Address
Sy No. 245/6 Kasaba Hobli, Hinkal Village, 10th Cross road ,Vijayanagar 3rd Stage, Behind SJCE collage
What’s nearby
SchoolsNearest school 1.4km away · College or university 1.7km away
HealthcareHospital 37m away · Clinic within 2km
LifestylePark 799m away · Gym or sports centre 1.5km away · 8 restaurants and cafes within 1km
ShoppingSupermarket 1.3km away · Bank 433m away
Getting around
Expressway 1.4 kmPrimary road 433 mRailway line 3.4 kmRailway station 4.1km away (Chamarajapuram)Bus stop within 500m
Water & environment
Water body 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.89 Cr declared. What that works out to:

12%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

Mysuru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (2 Jan 2021) 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

Mysuru Urban Development Authority

Urban Development Authority

Has approved 429 RERA projectsabout 1 in 20 in Karnataka.

a plotted-layout market14% apartments · 86% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
342
On record
3,071 flats · 19,105 plots
Reach
11 taluks
Since
2017

More layout-heavy than Karnataka overall — 86% 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.