HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
119 units
Unit mix
69 × 2 BHK · 50 × 3 BHK
Towers
1
Floors
4
Land area
4,830 sq m
Built-up area
14,301 sq m
FAR sanctioned
2.25
Covered area
3,211 sq m
Open area
1,619 sq m
Land parcels
1 survey no

Timeline

Project startedOct 2023
RERA registeredOct 2023
Proposed completionDec 2026
TodayJul 2026
Construction progress

55% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Super-structure29%
Common areas33%
Sub-structure70%
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.

119 units across 2 batches
TypeArea sq mCount
3 BHK8050
2 BHK6469

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

ISHTIKA HOMES PVT LTD

CompanyPromoter type
Bengaluru UrbanBased in
2Projects
2Cities
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
179 homeson the public record across 2 projects
23,040 sq mbuilt-up filed
7,059 sq mland declared
₹53.92 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
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporation1 of 2 projects
Hospete Urban Development AuthorityUrban Development Authoritythis project1 of 2 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
Hospet
District
Vijayanagara
Pincode
583201
Address
SY.NO.39/1, PLOT NO. 326 & 327 , WARD NO.03, ASSESSMENT NO.326 & 327 , SWATHINA SANKE 3-1-1-115A, BESIDE VENKATESWARA KALYANA MANTAPA , Hospet , Vijayanagara, Karnataka - 583201
North boundary
Venkateshwara Picture Place Building
East boundary
Road
South boundary
Property of Umamaheshwara Rao
West boundary
Gandhi Nagar Area
What’s nearby
Schools2 schools within 500m · 6 educational institutions within 1km · College or university 495m away
HealthcareHospital 121m away · 1 clinic within 1km · Pharmacy within 500m
LifestylePark 1.2km away · Gym or sports centre 757m away · 17+ restaurants and cafes within 1km
ShoppingSupermarket 391m away · Mall 1.9km away · Convenience store within 500m
Getting around
Expressway 3.0 km · Hosapete Bypass RoadPrimary road 376 mRailway line 1.0 kmRailway station 1.2km away (Hosapete Junction)3 bus stops within 500m
Water & environment
Canal 421 mWater body 4.8 km
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionOne or more surveys not converted 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

₹37.50 Cr declared to build 119 flats. What that works out to:

₹31.51 Lakhdeclared cost per flatall-in — land + construction
₹2,436/sq ftof built-up area₹26,222/sq m
5%of the cost is land₹385/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

Hospete Urban Development Authority

Urban Development Authority
approved 23 Jun 2023 · 3 yrs ago
Building Permit no. HPT-LBPAS-12886/22-23/BPSurvey no. 39/1
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 HPT-LBPAS-12886/22-23/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Hospete Urban Development Authority

Urban Development Authority

Has approved 64 RERA projects0.7% of Karnataka.

a plotted-layout market9% apartments · 91% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
59
On record
379 flats · 2,474 plots
Reach
3 taluks
Since
2019

More layout-heavy than Karnataka overall — 91% 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.