UdupiCommercial
SHIVADHAMA ARC
SHIVADHAMA DEVELOPERS
Sep 2025started
Dec 2030target completion
Declared cost₹19.61 CrScale55 flatsAuthorityRERA Karnataka
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Detailed ReportKARTIK ESTATE
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- KARTIK ESTATE
- Land area
- 1,406 sq m
- Covered area
- 973 sq m
- Open area
- 433 sq m
Timeline
Project startedSep 2015
Proposed completionJan 2018
RERA registeredFeb 2022
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationKarthik Estate
UdupiBased in
1Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
The only project Horizon has read from this builder 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- This project
- 13 new projects last year
- 143 nearby projects
- Taluk
- Udupi
- District
- Udupi
- Pincode
- 576101
- Address
- AMBALAPADY JUNCTION , AMBALAPADY
What’s nearby
Schools3 schools within 1km · 3 educational institutions within 1km · College or university 1.8km away
HealthcareHospital 918m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 714m away · Mall 1.4km away · ATM within 500m
Getting around
Expressway 211 mPrimary road 751 mRailway line 3.7 km · Konkan RailwayRailway station 3.8km away (Udupi)Limited bus connectivity nearby
Water & environment
Water body 646 m · Nair KereRiver 3.9 km · Udyavara
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹9.52 Cr declared. What that works out to:
26%of the cost is 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
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.
05
Planning authority
RERA Karnataka · Approved building planBuilding Permit
The promised possession date (31 Jan 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
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.
The approving body, at scale
Udupi Urban Development Authority
Urban Development AuthorityHas approved 134 RERA projects — 1.5% of Karnataka.
an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 112
- On record
- 3,485 flats · 325 plots
- Reach
- 6 taluks
- Since
- 2017
More apartment-heavy than Karnataka overall — 87% 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.
06
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
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
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.
07
Other projects nearby
The register · within 25 km5 commercial projects still under way within 25 km. Step out ring by ring:
Of the 143 projects the radar draws within 6 km — every kind, every stage — 4 are commercial projects still under way. This list keeps only those, and looks further out.
3 projects within 3 km — showing the nearest 3.
UdupiCommercial
MANDAVI CAPITOL
MANDAVI REAL ESTATE DEVELOPERS
Aug 2024started
Mar 2026target completion
Declared cost₹9.98 CrScale25 flatsAuthorityRERA Karnataka
UdupiCommercial
FAMOUS COMMERCIAL CENTRE
FAMOUS DEVELOPERS AND PROMOTERS
Feb 2022started
Dec 2028target completion
Declared cost₹17.00 CrScale46 flatsAuthorityRERA Karnataka
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, not the exact site.
- 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).
- 04Government Guidance Rate
- No government guidance rate could be matched to this project from Karnataka's published schedules.
- 05Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
- 07Other 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/kartik-estate-udupi-lm7se84p.
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.