HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Units
38 units
Unit mix
38 × FLATS
Towers
1
Floors
4
Land area
1,133 sq m
Built-up area
2,615 sq m
FAR sanctioned
2.31
Covered area
835 sq m
Open area
298 sq m
Land parcels
1 survey no

Timeline

Project startedMar 2020
Proposed completionDec 2021
RERA registeredDec 2022
TodayJul 2026

Find your flat

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

38 units across 1 batch
TypeArea sq mCount
FLATS5838

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

NARAYAN KASHINATH NAIK

Proprietorship FirmPromoter type
Uttara KannadaBased in
2Projects
2Cities
2018–2021Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
38 homeson the public record across 2 projects
2,615 sq mbuilt-up filed
2,347 sq mland declared
₹10.57 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.

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
Uttara Kannada
District
Uttara Kannada
Pincode
581301
Address
SY NO 457/K BEHIND SHREE SHRINGERI SHANKAR MUTT, , OLD KHB COLONY ROAD, NEAR NWKSRTC BUS DEPOT KARWAR , Uttara Kannada , Uttara Kannada, Karnataka - 581301
North boundary
PRIVATE LAND
East boundary
CMC ROAD
South boundary
PRIVATE LAND
West boundary
PRIVATE LAND
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.5km away · 1 clinic within 1km
LifestyleNo parks within 2km · 3 restaurants and cafes within 1km
ShoppingNo supermarket within 2km
Getting around
Expressway 776 mPrimary road 233 m · Kaiga RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 905 m
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
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

₹3.57 Cr declared to build 38 flats. What that works out to:

₹9.39 Lakhdeclared cost per flatall-in — land + construction
₹1,268/sq ftof built-up area₹13,651/sq m
2%of the cost is land₹49/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

Karwar Urban Development Authority

Urban Development Authority
approved 3 Dec 2019 · 6 yrs ago
Building Permit no. KWR-LBPAS-10044/19-20/BPSurvey no. 457k

The promised possession date (20 Dec 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

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 KWR-LBPAS-10044/19-20/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Karwar Urban Development Authority

Urban Development Authority

Has approved 48 RERA projects0.6% of Karnataka.

an apartments market88% apartments · 12% plotted layouts. Apartments like yours are this body's core business.

Builders
38
On record
647 flats · 127 plots
Reach
6 taluks
Since
2018

More apartment-heavy than Karnataka overall — 88% 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.

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.