130 m awayMixed Development
LOTUS GANGA
LOTUS PROPERTIES · Dakshina Kannada
Mar 2025started
Feb 2027target completion
Declared cost₹8.32 CrScale15 flatsAuthorityRERA Karnataka
HORIZONSearch & explore India’s real estate — the whole picture. gethorizon.in1.2 lakh+ projects · 78k+ builders · 600+ micro-markets · across 22 states
Detailed ReportINDIRA RESIDENCY
01
Complete project overview
RERA Karnataka · Registration filing- 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
TodaySep 2026
Construction progressFrom the builder'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.
42% overall, as filed
Finishing0%
Internal infra0%
External infra0%
Amenities0%
Super-structure6%
Common areas9%
Sub-structure80%
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 mUndivided share sq m
1011st Floor3 BHK125.460.02
1021st Floor3 BHK129.180.03
2012nd Floor3 BHK146.650.03
2022nd Floor3 BHK147.020.04
3013rd Floor3 BHK146.650.03
3023rd Floor3 BHK147.020.04
4014th Floor3 BHK146.650.03
4024th Floor3 BHK147.020.04
5015th Floor3 BHK146.650.03
5025th Floor3 BHK147.020.04
6016th Floor3 BHK146.650.03
6026th Floor3 BHK147.020.04
7017th Floor3 BHK146.650.03
7027th Floor3 BHK147.020.04
8018th Floor3 BHK146.650.03
8028th Floor3 BHK147.020.04
9019th Floor3 BHK146.650.03
9029th Floor3 BHK147.020.04
100110th Floor3 BHK146.650.03
100210th Floor3 BHK147.020.04
110111th Floor3 BHK146.650.03
110211th Floor3 BHK147.020.04
120112th Floor3 BHK146.650.03
120212th Floor3 BHK147.020.04
130113th Floor3 BHK146.650.03
130213th Floor3 BHK147.020.04
140114th Floor3 BHK146.650.04
140214th Floor3 BHK147.020.04
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. 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.
| Unit | Type | Carpet | Undivided share | Unit | Type | Carpet | Undivided share |
|---|---|---|---|---|---|---|---|
| 1011st Floor | 3 BHK | 125.46 | 0.02 | 1021st Floor | 3 BHK | 129.18 | 0.03 |
| 2012nd Floor | 3 BHK | 146.65 | 0.03 | 2022nd Floor | 3 BHK | 147.02 | 0.04 |
| 3013rd Floor | 3 BHK | 146.65 | 0.03 | 3023rd Floor | 3 BHK | 147.02 | 0.04 |
| 4014th Floor | 3 BHK | 146.65 | 0.03 | 4024th Floor | 3 BHK | 147.02 | 0.04 |
| 5015th Floor | 3 BHK | 146.65 | 0.03 | 5025th Floor | 3 BHK | 147.02 | 0.04 |
| 6016th Floor | 3 BHK | 146.65 | 0.03 | 6026th Floor | 3 BHK | 147.02 | 0.04 |
| 7017th Floor | 3 BHK | 146.65 | 0.03 | 7027th Floor | 3 BHK | 147.02 | 0.04 |
| 8018th Floor | 3 BHK | 146.65 | 0.03 | 8028th Floor | 3 BHK | 147.02 | 0.04 |
| 9019th Floor | 3 BHK | 146.65 | 0.03 | 9029th Floor | 3 BHK | 147.02 | 0.04 |
| 100110th Floor | 3 BHK | 146.65 | 0.03 | 100210th Floor | 3 BHK | 147.02 | 0.04 |
| 110111th Floor | 3 BHK | 146.65 | 0.03 | 110211th Floor | 3 BHK | 147.02 | 0.04 |
| 120112th Floor | 3 BHK | 146.65 | 0.03 | 120212th Floor | 3 BHK | 147.02 | 0.04 |
| 130113th Floor | 3 BHK | 146.65 | 0.03 | 130213th Floor | 3 BHK | 147.02 | 0.04 |
| 140114th Floor | 3 BHK | 146.65 | 0.04 | 140214th Floor | 3 BHK | 147.02 | 0.04 |
02
Builder’s track record
RERA Karnataka · Builder registrationSHREE 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 builder 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 builder, 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.
More from SHREE VIGNESHWARA DEVELOPERS— the full portfolio →
03
Location & price analysis
RERA Karnataka · Registration filing- This project
- 33 new projects last year
- 418 nearby projects
- 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 assessmentLand, title & encumbranceAs 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.
LandOwned + joint development (JDA)
ConversionConverted to non-agricultural
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 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 imageryThe yearly satellite view ends in 2023 and this project started in 2025, so it does not cover this project's construction: the site was still open ground within ~20 m of the recorded location when the series ends. The 2026 image shows the site more recently.
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
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
- This series ends in 2023, before this project’s construction — so it shows what stood here before, and says nothing about whether building has since begun. The photograph does that.
- This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
- Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
- The yearly site view ends in 2023, before this project started in 2025.
Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026
05
Government Guidance Rate
Karnataka registration departmentIn 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 planapproved 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
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 E9BA 20/2024-25 192178 KNPA 125/2024-25 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Mangaluru Urban Development Authority
Urban Development AuthorityHas approved 440 RERA projects — about 1 in 20 in Karnataka.
an apartments market — 96% 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.
07
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
- Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
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.
08
Other projects nearby
The register · within 25 km164 residential projects still under way within 25 km. Step out ring by ring:
Of the 418 projects the radar draws within 6 km — every kind, every stage — 117 are residential projects still under way. This list keeps only those, and looks further out.
21 projects within 1 km — showing the nearest 6.
290 m awayApartment
ANTARES
CITADEL PROJECTS AND DEVELOPERS PRIVATE LIMITED · Mangalore
Apr 2024started
Dec 2029target completion
Declared cost₹85.95 CrScale62 flatsAuthorityRERA Karnataka
330 m awayMixed Development
LOTUS ATHARVA
Lotus Properties · Dakshina Kannada
Feb 2025started
Sep 2028target completion
Declared cost₹28.18 CrScale92 flatsAuthorityRERA Karnataka
350 m awayApartment
ROHAN SEAVIEW
ROHAN PLAZA PRIVATE LIMITED · Mangalore
Jan 2026started
Dec 2032target completion
Declared cost₹50.45 CrScale13 flatsAuthorityRERA Karnataka
370 m awayMixed Development
POONAM RATNA NIKETHAN
POONAM BUILDERS · Mangalore
Jan 2025started
Dec 2028target completion
Declared cost₹15.34 CrScale36 flatsAuthorityRERA Karnataka
370 m awayMixed Development
ATHARVA PADMA KUSHA
ATHARVA BUILDERS AND DEVELOPERS · Mangalore
Dec 2023started
Jun 2026target completion
Declared cost₹5.00 CrScale35 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.
- 01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
- 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.
- 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).
- 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).
- 05Government Guidance Rate
- No government guidance rate could be matched to this project from Karnataka's published schedules.
- 06Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 07Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
- 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/indira-residency-mangalore-nb650dpx.
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.