HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
60 units
Unit mix
45 × 2 BHK · 15 × 3 BHK
Towers
1
Floors
15
Land area
1,919 sq m
Built-up area
7,036 sq m
FAR sanctioned
3.491
Covered area
419 sq m
Open area
1,500 sq m
Land parcels
3 survey nos

Timeline

Project startedJan 2024
RERA registeredMar 2024
Proposed completionDec 2029
TodayJul 2026
Construction progress

80% overall, as filed

Finishing0%
Amenities0%
Super-structure31%
Internal infra43%
External infra50%
Common areas80%
Sub-structure96%
From the promoter'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.

Find your flat

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

60 units across 2 batches
TypeArea sq mCount
2 BHK7245
3 BHK9515

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

SATHWIK U, MITHUN NAGENDRA DEVADIGA & 58 OTHERS

Other ( INDIVIDUAL LAND OWNER )Promoter type
Dakshina Kannada, NOBased in
1Projects
1City
2024–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
Mangalore
District
Dakshina Kannada
Pincode
575006
Address
SY. NO.S - 36/2(P1), 36/3A(P5), 36/3A(P6), STREET NO. 17, 25TH WARD, 90B BOLOOR VILLAGE, KODICAL ROAD , BLOCK NO. 2, GANESHNAGAR, ASHOKNAGAR POST , Mangalore , Dakshina Kannada, Karnataka - 575006
North boundary
12.00M WIDE ST DOMINIC CHURCH ROAD
East boundary
6.00M WIDE ROAD
South boundary
RESIDENTIAL BUILDING
West boundary
6.00M WIDE ASHOKNAGAR CROSS ROAD
What’s nearby
Schools1 school within 1km · 3 educational institutions within 1km · College or university 350m away
HealthcareHospital 610m away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 8 restaurants and cafes within 1km
ShoppingSupermarket 961m away · Mall 1.3km away · Bank 315m away
Getting around
Expressway 897 mPrimary road 331 m · Kuloor Ferry RoadRailway line 4.0 kmRailway station 4.2km away (Mangaluru Central)2 bus stops within 500m
Water & environment
River 1.3 km · GurupuraWater body 2.0 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹28.75 Cr declared to build 60 flats. What that works out to:

₹47.92 Lakhdeclared cost per flatall-in — land + construction
₹3,796/sq ftof built-up area₹40,861/sq m
27%of the cost is land₹3,710/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 26 Sep 2023 · 2 yrs ago
Building Permit no. MANAPRA/NAYOSA/NI O/57/2022-23 E9/BA 86/2022-23 KANIPAA 520/2022-23Survey no. 36/3ap5
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 MANAPRA/NAYOSA/NI O/57/2022-23 E9/BA 86/2022-23 KANIPAA 520/2022-23 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.