2.2 km awayApartment
PARAMOUNT RITZ
PARAMOUNT CONSTRUCTION VENTURES PVT LTD · MYSORE
Oct 2025started
Dec 2030target completion
Declared cost₹73.35 CrScale71 flatsAuthorityRERA Karnataka
INDIAN PEARL
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- INDIAN PEARL
- Towers
- 1
- Land area
- 627 sq m
- Covered area
- 440 sq m
- Open area
- 187 sq m
- Garage area
- 425 sq m
Timeline
Project startedAug 2017
RERA registeredOct 2018
Proposed completionJul 2019
TodaySep 2026
Find your flat
Every flat the builder registered. Look yours up and check it is on the record.
UnitType
1Ground Floor2BHK
1Ground Floor2BHK
1Ground Floor2BHK
1Ground Floor—
11st Floor2BHK
11st Floor2BHK
11st Floor2BHK
11st Floor3BHK
12nd Floor2BHK
12nd Floor2BHK
12nd Floor2BHK
12nd Floor3BHK
Areas are not shown for this project. The sizes filed against these flats are not credible — units recorded as 2 and 3 BHK are filed at sizes no flat is, which usually means square feet were entered in a column the register labels square metres. Publishing those as the registered carpet area would be worse than publishing nothing. The flat numbers and types above are the register’s.
02
Builder’s track record
RERA Karnataka · Builder registrationK C SHIVANAND
IndividualPromoter type
KarnatakaBased in
1Projects
1City
2018–2019Active
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- Taluk
- MYSORE
- District
- Mysore
- Pincode
- 570009
- Address
- NO-4742 GANAPATHI TEMPLE ROAD, N.R MOHALLA
What’s nearby
Schools1 school within 1km · College or university 520m away · Library 1.5km away
HealthcareHospital 172m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · 3 restaurants and cafes within 1km
ShoppingSupermarket 156m away · Mall 1.3km away · Bank 164m away
Getting around
Expressway 1.6 km · Bannimantapa RoadPrimary road 456 m · Bangalore RoadRailway line 2.0 kmRailway station 4.3km away (Chamarajapuram)Bus stop within 500m
Water & environment
Water body 1.0 km · Devanuru Kere
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹6.63 Cr declared. What that works out to:
51%of the cost is 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
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettesIn Karnataka it’s called the guidance value.
₹43,479per sq yd
₹52,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for “Temple Road”.
- In force
- effective Oct 2023
What this number is — and isn’t
- The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planBuilding Permit
The promised possession date (9 Jul 2019) 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.
The approving body, at scale
Local Planning Authority
Town & Country PlanningHas approved 1,518 RERA projects — about 1 in 6 in Karnataka.
a mixed market — 42% 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km36 residential projects still under way within 25 km. Step out ring by ring:
Of the 112 projects the radar draws within 6 km — every kind, every stage — 21 are residential projects still under way. This list keeps only those, and looks further out.
7 projects between 1 and 3 km — showing the nearest 6.
2.2 km awayApartment
Juniper Hill
Vasya Builder and Consultants · MYSORE
Aug 2024started
Mar 2027target completion
Declared cost₹10.82 CrScale16 flatsAuthorityRERA Karnataka
2.3 km awayApartment
SANKALP CROWN PHASE 2B
SANKALP CONSTRUCTIONS PRIVATE LIMITED · MYSORE
Apr 2025started
Dec 2030target completion
Declared cost₹57.35 CrScale91 flatsAuthorityRERA Karnataka
2.3 km awayApartment
SANKALP CROWN PHASE 2
SANKALP CONSTRUCTIONS PRIVATE LIMITED · MYSORE
Sep 2023started
Mar 2029target completion
Declared cost₹108.54 CrScale208 flatsAuthorityRERA Karnataka
2.4 km awayApartment
SANKALP CROWN PHASE 1
SANKALP CONSTRUCTIONS PRIVATE LIMITED · MYSORE
Jun 2022started
Mar 2028target completion
Declared cost₹114.00 CrScale208 flatsAuthorityRERA Karnataka
2.5 km awayApartment
SANKALP CENTRAL PHASE 3B
SANKALP CONSTRUCTIONS PRIVATE LIMITED · MYSORE
Jul 2025started
Jun 2032target completion
Declared cost₹169.91 CrScale206 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.