HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
44 units
Unit mix
5 × 2BHK · 5 × 2BHK · 5 × 2 · 5 × 2BHK · 5 × 2BHK · 5 × 2BHK · 5 × 2BHK · 4 × 2BHK · 4 × 2BHK · 1 × 2BHK
Towers
1
Floors
4
Land area
1,069 sq m
Built-up area
4,475 sq m
FAR sanctioned
2.75
Covered area
599 sq m
Open area
470 sq m

Timeline

Project startedFeb 2023
RERA registeredNov 2023
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.

44 units across 10 batches
TypeArea sq mCount
2BHK1904
2BHK1515
2BHK1415
2BHK1674
21355
2BHK1385
2BHK1885
2BHK1,4361
2BHK1215
2BHK1375

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

SHUBHA SHANKAR DEVELOPERS

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
HONEYWELL ENCLAVE

HONEYWELL ENCLAVE

this project
Apartment
Feb 2023started
Dec 2026target completion
44 flats4,475 sq m₹6.84 Cr

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
590016
Address
CTS No. 1264, 1265, 1266, 1267 1271, 1272 and 1273 , AZAM NAGAR , Belagavi , Belagavi, Karnataka - 590016
North boundary
ROAD
East boundary
CTS NO. 1268 AND 1270
South boundary
ROAD
West boundary
CTS NO. 1263 AND 1274
What’s nearby
SchoolsNearest school 1.1km away · College or university 709m away
HealthcareHospital 883m away · 2 clinics within 1km · Doctor's clinic within 1km
LifestylePark 1.7km away · 6 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Mall 811m away · Bank 296m away
Getting around
Expressway 558 m · Belgaum - Panaji HighwayPrimary road 150 mRailway line 3.5 kmRailway station 4.0km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 1.3 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageNone declared on the project / land
As declared by the promoter 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

₹6.84 Cr declared to build 44 flats. What that works out to:

₹15.55 Lakhdeclared cost per flatall-in — land + construction
₹1,421/sq ftof built-up area₹15,290/sq m
25%of the cost is land₹1,496/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 2 Dec 2022 · 3 yrs ago
Building Permit no. 133/2022-23
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 133/2022-23 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 projects — 2.4% of Karnataka.

an apartments market — 100% 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.