HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
18 units
Unit mix
18 × 2 BHK Residential · 2 × Commercial
Towers
1
Floors
4
Land area
780 sq m
Built-up area
2,026 sq m
FAR sanctioned
2.45
Covered area
507 sq m
Open area
273 sq m

Timeline

Project startedJun 2022
RERA registeredNov 2025
Proposed completionDec 2028
TodayJul 2026

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

20 units across 2 batches
TypeArea sq mCount
2 BHK Residential6618
Commercial3782

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

RAJNANDA BUILDERS & DEVELOPERS

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2025–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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
Belagavi
District
Belagavi
Pincode
590001
Address
Old R.S No 315/1K, CTS No , 4529/2 and 4532/2, SPM Road, Belgaum , Belagavi , Belagavi, Karnataka - 590001
North boundary
Property of Ghatke and Vernekar
East boundary
Nala
South boundary
Share of Mrs.Manjula N Badavannavar in CTS No 4532
West boundary
SPM Road
What’s nearby
Schools1 school within 500m · 4 educational institutions within 1km · College or university 347m away
HealthcareHospital 89m away · 6 clinics within 1km · Doctor's clinic within 1km
LifestylePark 1.4km away · 3 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 1.3km away · Mall 1.2km away · Convenience store within 1km
Getting around
Expressway 1.0 km · Congress RoadPrimary road 538 mRailway line 373 mRailway station 798m away (Belagavi)Bus stop within 1km
Water & environment
Water body 2.1 km · Kote Kere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.40 Cr declared to build 18 flats. What that works out to:

₹68.90 Lakhdeclared cost per flatall-in — land + construction
₹5,687/sq ftof built-up area₹61,211/sq m
18%of the cost is land₹2,729/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

Belagavi Urban Development Authority

Urban Development Authority
approved 13 May 2022 · 4 yrs ago
Building Permit no. BGM-LBPAS-19432/22-23/BP
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 BGM-LBPAS-19432/22-23/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Belagavi Urban Development Authority

Urban Development Authority

Has approved 116 RERA projects1.3% of Karnataka.

an apartments market82% apartments · 18% plotted layouts. Apartments like yours are this body's core business.

Builders
98
On record
3,214 flats · 392 plots
Reach
8 taluks
Since
2017

More apartment-heavy than Karnataka overall — 82% 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.