HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
137 units
Unit mix
90 × SHOP · 29 × OTHERS · 18 × COMMERCIAL
Towers
1
Floors
6
Land area
3,439 sq m
Built-up area
15,982 sq m
FAR sanctioned
2.56
Covered area
1,775 sq m
Open area
1,664 sq m
Land parcels
2 survey nos

Timeline

Project startedApr 2021
RERA registeredMay 2023
Proposed completionDec 2026
TodayJul 2026
Construction progress

74% overall, as filed

Amenities20%
Finishing38%
External infra64%
Common areas73%
Internal infra77%
Super-structure83%
Sub-structure100%
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 unit

Filed by type and size, in the batches the promoter registered — not a per-unit listing. Look yours up.

137 units across 3 batches
TypeArea sq mCount
OTHERS6229
SHOP2190
COMMERCIAL14418

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

ICARE BUILDERS & DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased in
2Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
210 homeson the public record across 2 projects
22,194 sq mbuilt-up filed
5,465 sq mland declared
₹58.07 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
Moodabidri
District
Dakshina Kannada
Pincode
574227
Address
PROPOSED CONSTRUCTION OF COMMERCIAL BUILDING IN , S.N 185/4 & 185/5 OF MARPADY VILLAGE MOODABIDRI TALUK, D.K , Moodabidri , Dakshina Kannada, Karnataka - 574227
North boundary
13° 3'43.00"N
East boundary
13° 3'43.88"N
South boundary
74°58'47.42"E
West boundary
74°58'48.63"E
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 4.0km away · Clinic within 2km
LifestyleNo parks within 2km · Swimming pool within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 210 m · Solapur-Mangalore HighwayPrimary road 532 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 3.2 km · Nagundi Hole
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
BorrowingProject borrowing declared
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

₹44.55 Cr declared to build 137 flats. What that works out to:

₹32.52 Lakhdeclared cost per flatall-in — land + construction
₹2,589/sq ftof built-up area₹27,872/sq m
16%of the cost is land₹1,971/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 20 Feb 2021 · 5 yrs ago
Building Permit no. MDB-LBPAS-10157/20-21/BPSurvey no. 185/4
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 MDB-LBPAS-10157/20-21/BP on the approving authority’s portal to confirm the sanction.

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.