HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
28 units
Unit mix
28 × Residential Apartments
Towers
1
Floors
14
Land area
1,227 sq m
Built-up area
6,580 sq m
FAR sanctioned
4
Covered area
346 sq m
Open area
881 sq m
Land parcels
1 survey no

Timeline

Project startedApr 2025
RERA registeredMay 2025
Proposed completionMar 2029
TodayJul 2026
Construction progress

42% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Super-structure6%
Common areas9%
Sub-structure80%
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.

28 units across 1 batch
TypeArea sq mCount
Residential Apartments14528

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

SHREE VIGNESHWARA DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased in
4Projects
2Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
94 homeson the public record across 4 projects
15,875 sq mbuilt-up filed
6,480 sq mland declared
₹67.12 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.

Planning authoritiesthis builder's portfolio, by approving body
Local Planning AuthorityTown & Country Planning (DTCP)2 of 4 projects
Mangaluru Urban Development AuthorityUrban Development Authoritythis project2 of 4 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Mangalore
District
Dakshina Kannada
Pincode
575003
Address
INDIRA RESIDENCY GANDHI NAGAR 7TH CROSS , MANNAGUDDA BOLOOR MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575003
North boundary
Conservancy lane
East boundary
Portion of T S No 666-49
South boundary
Road
West boundary
Sub Division line
What’s nearby
Schools1 school within 500m · 3 educational institutions within 1km · College or university 787m away
HealthcareHospital 645m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.6km away · 3 restaurants and cafes within 1km
ShoppingSupermarket 522m away · Mall 312m away · Convenience store within 1km
Getting around
Expressway 1.8 kmPrimary road 265 m · Ladyhill CircleRailway line 2.8 kmRailway station 3.0km away (Mangaluru Central)2 bus stops within 500m
Water & environment
River 1.1 kmWater body 1.3 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned + joint development (JDA)
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹23.70 Cr declared to build 28 flats. What that works out to:

₹84.64 Lakhdeclared cost per flatall-in — land + construction
₹3,346/sq ftof built-up area₹36,016/sq m
10%of the cost is land₹1,843/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 26 Nov 2024 · 1 yr ago
Building Permit no. E9BA 20/2024-25 192178 KNPA 125/2024-25Survey no. 666/47b 666/48 666/49 666/47b
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 E9BA 20/2024-25 192178 KNPA 125/2024-25 on the approving authority’s portal to confirm the sanction.

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.

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.