Is LAKSHMANA LAYOUT registered under RERA?

Yes. LAKSHMANA LAYOUT by I V LAKSHMANA is on the public record with RERA Karnataka under RERA registration number PRM/KA/RERA/1255/477/PR/200117/003171.

When is LAKSHMANA LAYOUT due for possession?

The promised completion date on file with RERA Karnataka is June 2021. This is the date the promoter filed, not a prediction of delivery.

Who is the builder of LAKSHMANA LAYOUT?

LAKSHMANA LAYOUT is filed by I V LAKSHMANA (Individual), per its RERA Karnataka registration.

Which authority approved LAKSHMANA LAYOUT?

The layout permit for LAKSHMANA LAYOUT was approved by Chikkamagaluru Urban Development Authority. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of LAKSHMANA LAYOUT?

The declared project cost on record (land plus construction) is ₹37.2 lakh. This is the cost the promoter declared to RERA Karnataka, not a sale or per-unit price.

Where is LAKSHMANA LAYOUT located?

LAKSHMANA LAYOUT is located in Chikkamagaluru, Karnataka, as filed with RERA Karnataka.

LAKSHMANA LAYOUT RERA, Chikkamagaluru, Karnataka — the public record

Name: LAKSHMANA LAYOUT — public record
Creator: RERA Karnataka

LAKSHMANA LAYOUT

PRM/KA/RERA/1255/477/PR/200117/003171 · RERA Karnataka · https://gethorizon.in/projects/lakshmana-layout-chikkamagaluru-pubx7x3p

Complete project overview

RERA Karnataka · Registration filing

Project name: LAKSHMANA LAYOUT
Land area: 9,413 sq m
Covered area: 5,176 sq m
Open area: 4,237 sq m

Timeline

Project startedDec 2017

RERA registeredJan 2020

Proposed completionJun 2021

TodaySep 2026

Builder’s track record

RERA Karnataka · Builder registration

I V LAKSHMANA

IndividualPromoter type

KarnatakaBased in

1Projects

1City

2020–2021Active

Timelineevery project, start → promised completion

LAKSHMANA LAYOUT

this project

Plotted Development

Dec 2017started

Jun 2021target completion

9,413 sq m₹37.20 Lakh

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.

Location & price analysis

RERA Karnataka · Registration filing

Taluk: Chikkamagaluru
District: Chikkamagaluru
Address: 97/1 98/10 INDAVARA VILLAGE, CHIKAMANGALURU

What’s nearby

SchoolsNo schools within 2km

HealthcareNearest hospital 2.4km away

LifestyleNo parks within 2km

ShoppingNo supermarket within 2km

Getting around

Expressway 2.8 km · Mudigere-Kadur RoadPrimary road 3.0 kmRailway line 4.7 km · Chikmagalur - Kadur branchNo metro or railway within 5kmLimited bus connectivity nearby

Water & environment

Water body 785 mCanal 4.3 km

distances only — not a flood assessment

Price analysisdeclared build cost — not a sale price

₹37.20 Lakh declared. What that works out to:

₹37/sq ftof plotted area₹395/sq m

3%of the cost is land₹1/sq ft of 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.

Government Guidance Rate

Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes

In Karnataka it’s called the guidance value.

₹8,361per sq yd

₹10,000per sq m

Which rate: site (guidance value)
Matched to: The rate published for the village of “Indavara”.
In force: effective Oct 2023
Spread: ₹7,525 – ₹8,361 per sq yd across the places it was taken over

This filing declares ₹395 per sq m of plotted area — 0.04× the government figure. Declared cost is land and construction; the government guidance rate is what the state will not register a sale below. Neither is a sale price.

What this number is — and isn’t

The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of village, and says so above. How Horizon decides what to show.

Planning authority

RERA Karnataka · Approved building plan

Chikkamagaluru Urban Development Authority

Urban Development Authority

Layout Permit

The promised possession date (30 Jun 2021) 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

Chikkamagaluru Urban Development Authority

Urban Development Authority

Has approved 16 RERA projects — 0.2% of Karnataka.

a mixed market — 38% apartments · 62% plotted layouts.

Builders: 16
On record: 20 flats · 1,229 plots
Reach: 4 taluks
Since: 2018

More layout-heavy than Karnataka overall — 62% 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.

See every project approved by RERA Karnataka→

Complaints & litigation

RERA Karnataka · public record

Complaints register

None 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.

Other projects nearby

The register · within 25 km

4 plotted projects still under way within 25 km. Step out ring by ring:

1 project within 10 km — showing the nearest 1.

ChikkamagaluruPlotted Development

PRASHANTH NAGAR

Mr.CHANDRAKANTHEGOWDA

Mar 2022started

Apr 2027target completion

Declared cost₹12.14 CrScale149 plotsAuthorityRERA Karnataka

Open the read Compare

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.