HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
110 units
Unit mix
66 × Shops · 24 × 2BHK · 20 × 3BHK
Towers
1
Floors
5
Land area
2,097 sq m
Built-up area
9,607 sq m
FAR sanctioned
3.27
Covered area
1,950 sq m
Open area
147 sq m
Land parcels
2 survey nos

Timeline

Project startedFeb 2022
RERA registeredAug 2023
Proposed completionDec 2026
TodayJul 2026

Find your flat

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

110 units across 3 batches
TypeArea sq mCount
Shops2466
2BHK7724
3BHK9820

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

Hasmai Constructions

ProprietorshipPromoter type
Dakshina KannadaBased in
2Projects
2Cities
2021–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
110 homeson the public record across 2 projects
9,607 sq mbuilt-up filed
2,650 sq mland declared
₹35.02 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 project1 of 2 projects
Mangaluru Urban Development AuthorityUrban Development Authority1 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
Dakshina Kannada
District
Dakshina Kannada
Pincode
575004
Address
Sy. No. 61/39 (P1, P2, P3, P4, P5, P6, P7, P8, P9) & 61/20 (P1, P2, P3, P4, P7, P8) , Padavu Village, In Mangalore City Corporation Limites , Dakshina Kannada , Dakshina Kannada, Karnataka - 575004
North boundary
Road
East boundary
Houses
South boundary
Apartment
West boundary
Road
What’s nearby
SchoolsNearest school 1.2km away
HealthcareNearest hospital 2.8km away
LifestyleNo parks within 2km · Gym or sports centre 1.7km away
ShoppingNo supermarket within 2km
Getting around
Expressway 1.1 km · Solapur-Mangalore HighwayPrimary road 1.9 km · Beedu roadRailway line 817 mRailway station 841m away (Padil)Limited bus connectivity nearby
Water & environment
Water body 1.4 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

₹31.12 Cr declared to build 110 flats. What that works out to:

₹28.29 Lakhdeclared cost per flatall-in — land + construction
₹3,010/sq ftof built-up area₹32,394/sq m
24%of the cost is land₹3,264/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 17 Aug 2021 · 4 yrs ago
Building Permit no. 02/21-22Survey no. 61/39 p1, p2, p3, p4, p5, p6, p7, p8, p9
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 02/21-22 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.

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.
  • Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.