HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
189 units
Unit mix
189 × SHOP
Towers
1
Floors
6
Land area
2,579 sq m
Built-up area
11,274 sq m
FAR sanctioned
3.5
Covered area
1,428 sq m
Open area
1,151 sq m
Land parcels
5 survey nos

Timeline

Project startedJan 2019
RERA registeredJan 2022
Proposed completionFeb 2024
TodayJul 2026

Find your unit

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

189 units across 1 batch
TypeArea sq mCount
SHOP35189

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

MS BUILDTECH DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased in
1Projects
1City
2022–2024Active
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
Mangalore
District
Dakshina Kannada
Pincode
575002
Address
RIVISED PLAN OF SHOWING PROPOSED CONSTRUCTION OF COMMERICAL BUILDING AT , S.N 4/2A1A1(P1,P2,P3,P4), AT KANKNADY B VILLAGE MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575002
North boundary
12°52'9.04"N
East boundary
12°52'9.74"N
South boundary
74°51'46.40"E
West boundary
74°51'46.76"E
What’s nearby
SchoolsNearest school 1.3km away · College or university 1.0km away · Library 1.9km away
HealthcareHospital 418m away · 1 clinic within 1km
LifestyleNo parks within 2km · 6 restaurants and cafes within 1km
ShoppingSupermarket 1.8km away · Convenience store within 1km · Bank 129m away
Getting around
Expressway 95 mPrimary road 28 mRailway line 1.3 kmRailway station 1.8km away (Mangaluru Junction)Limited bus connectivity nearby
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
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

₹24.14 Cr declared to build 189 flats. What that works out to:

₹12.77 Lakhdeclared cost per flatall-in — land + construction
₹1,989/sq ftof built-up area₹21,413/sq m
27%of the cost is land₹2,379/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 18 Feb 2020 · 6 yrs ago
Building Permit no. 333/19-20Survey no. 4-2a1ap

The promised possession date (25 Feb 2024) 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.

Verify it yourself — look up plan 333/19-20 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% 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.

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.