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Detailed Report

ICON PLANET

PRM/KA/RERA/1257/334/PR/180722/005075 · RERA Karnataka · https://gethorizon.in/projects/icon-planet-mangalore-bvekj9p6

01

Complete project overview

RERA Karnataka · Registration filing
Units
26 units
Unit mix
18 × shop · 6 × 2 bhk · 2 × 3 BHK
Towers
1
Floors
3
Land area
849 sq m
Built-up area
1,932 sq m
FAR sanctioned
1.79
Covered area
329 sq m
Open area
520 sq m
Land parcels
1 survey no

Timeline

Project startedJan 2022
RERA registeredJul 2022
Proposed completionSep 2024
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 mExclusive area sq mUndivided share sq m
B1 & G1Ground FloorSHOP75.675.71
G2Ground FloorSHOP23.331.76
G3Ground FloorSHOP24.271.83
G4Ground FloorSHOP22.141.67
G5Ground FloorSHOP22.141.67
G6Ground FloorSHOP22.811.72
G7Ground FloorSHOP22.141.67
G8Ground FloorSHOP22.141.67
G9Ground FloorSHOP33.182.51
G10Ground FloorSHOP21.501.62
F11st FloorSHOP26.482
F21st FloorSHOP26.742.02
F31st FloorSHOP27.962.11
F41st FloorSHOP25.551.93
F51st FloorSHOP25.551.93
F61st FloorSHOP26.321.99
F71st FloorSHOP25.551.93
2012nd Floor3 BHK87.7912.418.95
2022nd Floor2 BHK76.447.697.85
2032nd Floor2 BHK76.267.707.84
2042nd Floor2 BHK71.587.587.48
3013rd Floor3 BHK87.7912.418.95
3023rd Floor2 BHK76.447.697.85
3033rd Floor2 BHK76.267.707.84
3043rd Floor2 BHK71.587.587.48

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. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. 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 25 units as filed, two to a row · areas in sq m
UnitTypeCarpetExclusive areaUndivided shareUnitTypeCarpetExclusive areaUndivided share
B1 & G1Ground FloorSHOP75.675.71G2Ground FloorSHOP23.331.76
G3Ground FloorSHOP24.271.83G4Ground FloorSHOP22.141.67
G5Ground FloorSHOP22.141.67G6Ground FloorSHOP22.811.72
G7Ground FloorSHOP22.141.67G8Ground FloorSHOP22.141.67
G9Ground FloorSHOP33.182.51G10Ground FloorSHOP21.501.62
F11st FloorSHOP26.482F21st FloorSHOP26.742.02
F31st FloorSHOP27.962.11F41st FloorSHOP25.551.93
F51st FloorSHOP25.551.93F61st FloorSHOP26.321.99
F71st FloorSHOP25.551.932012nd Floor3 BHK87.7912.418.95
2022nd Floor2 BHK76.447.697.852032nd Floor2 BHK76.267.707.84
2042nd Floor2 BHK71.587.587.483013rd Floor3 BHK87.7912.418.95
3023rd Floor2 BHK76.447.697.853033rd Floor2 BHK76.267.707.84
3043rd Floor2 BHK71.587.587.48
02

Builder’s track record

RERA Karnataka · Builder registration

HNGC BUILDERS AND DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased in
1Projects
1City
2022–2024Active
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
  • 7 new projects last year
  • 54 nearby projects
1 km radius · coordinates as filed · 12.9889, 74.8409 · © OpenStreetMap contributors
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575014
Address
PLAN SHOWING THE PROPOSED CONSTRUCTION OF COMMERCIAL AND RESIDENTIAL BUILDING AT , S.N 40/1A2(P) KATIPALLA VILLAGE MANGALORE TALUK , Mangalore , Dakshina Kannada, Karnataka - 575014
North boundary
SY LINE AND PUBLIC ROAD
East boundary
PORTION OF THE SAME SUB DIVN
South boundary
SY LINE
West boundary
PORTION OF THE SAME SUB DIVN
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 801m away · ATM within 500m
Getting around
Expressway 4.2 kmPrimary road 350 mRailway line 725 mRailway station 3.1km away (Thokur)Bus stop within 1km
Water & environment
Water body 484 m · Mrpl Swimming Pool
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
MortgageNone declared on the project / land
BorrowingProject borrowing declared
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

₹3.79 Cr declared to build 26 flats. What that works out to:

₹14.57 Lakhdeclared cost per flatall-in — land + construction
₹1,822/sq ftof built-up area₹19,611/sq m
41%of the cost is land₹1,700/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.
  • The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • Coordinate sits 3-10 km from other projects with the same pincode.

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 4 Oct 2021 · 4 yrs ago
Building Permit no. MNG-LBPAS-11293-/21-22/BPSurvey no. 40/1a2(p)

The promised possession date (30 Sep 2024) 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 MNG-LBPAS-11293-/21-22/BP 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

172 residential projects still under way within 25 km. Step out ring by ring:

Of the 54 projects the radar draws within 6 km — every kind, every stage — 19 are residential projects still under way. This list keeps only those, and looks further out.

6 projects between 1 and 3 km — showing the nearest 6.

1.6 km awayMixed Development

INFINITY TOWERS

SITA DEVELOPERS · Mangalore

Jan 2024started
Mar 2029target completion
Declared cost₹3.00 CrScale10 flatsAuthorityRERA Karnataka
2.0 km awayMixed Development

HAVVA B

MOHAMMAD SHAMEER · Mangalore

Nov 2025started
Dec 2030target completion
Declared cost₹9.98 CrScale30 flatsAuthorityRERA Karnataka
2.5 km awayApartment

B.R.R AISHU APARTMENT

MOHAMMED SHAFEEQ · Mangalore

Jun 2023started
Dec 2028target completion
Declared cost₹3.59 CrScale19 flatsAuthorityRERA Karnataka
2.6 km awayApartment

B.R.R SAJEENA

SAJEENA SHAJAHAN · Mangalore

Nov 2022started
Dec 2027target completion
Declared cost₹3.59 CrScale16 flatsAuthorityRERA Karnataka
2.6 km awayApartment

B.R.R SHAJAHAN

SHAJAHAN · Mangalore

Nov 2022started
Dec 2027target completion
Declared cost₹3.49 CrScale16 flatsAuthorityRERA Karnataka
2.7 km awayApartment

BLUEGLITZ RESIDENCE

APSATH MOHAMMED HANEEF UNHI · Mangalore

Jan 2022started
Jun 2026target completion
Declared cost₹7.75 CrScale24 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/icon-planet-mangalore-bvekj9p6.

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.