HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
2,050 sq m
FAR sanctioned
4197.8
Covered area
970 sq m
Open area
1,080 sq m
Garage area
538 sq m

Timeline

Project startedJan 2013
Proposed completionApr 2015
RERA registeredApr 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

KARNATAKA HOUSING BOARD

Bengaluru UrbanBased in
29Projects
25Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
7,086 plotson the public record across 29 projects
64,47,758 sq mplotted area
87,06,196 sq mland declared
₹2800.90 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
Local Planning AuthorityTown & Country Planning (DTCP)this project12 of 29 projects
BDA - Bangalore Development AuthorityUrban Development Authority2 of 29 projects
Bellary Urban Development AuthorityUrban Development Authority2 of 29 projects
Kalburgi Urban Development AuthorityUrban Development Authority2 of 29 projects
Koppal Urban Development AuthorityUrban Development Authority2 of 29 projects
BMRDA - Bangalore Metropolitan Region Development AuthorityUrban Development Authority1 of 29 projects
Gadag-Betageri Urban Development AuthorityUrban Development Authority1 of 29 projects
Haveri Urban Development AuthorityUrban Development Authority1 of 29 projects
Hubbali-Dharwad Urban Development AuthorityUrban Development Authority1 of 29 projects
Kolar Urban Development AuthorityUrban Development Authority1 of 29 projects
Madikeri Urban Development AuthorityUrban Development Authority1 of 29 projects
Mysuru Urban Development AuthorityUrban Development Authority1 of 29 projects
Tumakuru Urban Development AuthorityUrban Development Authority1 of 29 projects
Udupi Urban Development AuthorityUrban Development Authority1 of 29 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
Dakshina Kannada
District
Udupi
Pincode
574106
Address
NEERMARGA ROAD , BAITHURLI JUNCTION KUDUPU MANGALORE
What’s nearby
Schools1 school within 500m · College or university 2.0km away
HealthcareNearest hospital 2.7km away
LifestyleNo parks within 2km
ShoppingSupermarket 1.4km away · Bank 172m away · ATM within 500m
Getting around
Expressway 67 mPrimary road 1.9 kmRailway line 1.5 kmRailway station 4.2km away (Thokur)3 bus stops within 500m
Water & environment
Water body 589 mRiver 1.2 km · Gurupura
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹16.21 Cr declared. What that works out to:

3%of the cost is 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)
Building Permit

The promised possession date (17 Apr 2015) 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.

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.