HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
1,617 sq m
FAR sanctioned
2.21
Covered area
925 sq m
Open area
692 sq m

Timeline

Project startedJun 2015
RERA registeredFeb 2017
Proposed completionJun 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

LAXMI SAI INVESTMENTS

DharwadBased in
6Projects
2Cities
2017–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
36 plotson the public record across 6 projects
2,30,877 sq mplotted area
2,32,494 sq mland declared
₹23.62 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
Hubbali-Dharwad Urban Development AuthorityUrban Development Authority3 of 6 projects
Hubballi Dharwad Municipal CorporationMunicipal / Corporationthis project3 of 6 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
Dharwad
District
Belagavi
Pincode
590001
Address
CTS NO 414, BESIDE S B I MAIN BRANCH HUBLI
What’s nearby
Schools1 school within 500m · 8 educational institutions within 1km · College or university 178m away
HealthcareHospital 241m away · 7 clinics within 1km
LifestylePark 1.8km away · 7 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 550m away · Mall 33m away · Convenience store within 500m
Getting around
Expressway 73 m · Congress RoadPrimary road 685 mRailway line 606 mRailway station 617m away (Belagavi)2 bus stops within 500m
Water & environment
Water body 2.0 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹6.58 Cr declared. What that works out to:

24%of the cost is 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

Hubballi Dharwad Municipal Corporation

Municipal / Corporation
Building Permit

The promised possession date (1 Jun 2018) 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

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.

The approving body, at scale

Hubballi Dharwad Municipal Corporation

Municipal Corporation

Has approved 114 RERA projects1.3% of Karnataka.

an apartments market90% apartments · 10% plotted layouts. Apartments like yours are this body's core business.

Builders
91
On record
3,602 flats · 463 plots
Reach
5 taluks
Since
2017

More apartment-heavy than Karnataka overall — 90% 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.