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LOTUS SAPPHIRE

PRM/KA/RERA/1257/334/PR/171214/001887 · RERA Karnataka · https://gethorizon.in/projects/lotus-sapphire-mangalore-96dek9yf

01

Complete project overview

RERA Karnataka · Registration filing
Project name
LOTUS SAPPHIRE
Towers
1
Land area
527 sq m
FAR sanctioned
2.42
Covered area
277 sq m
Open area
250 sq m

Timeline

Project startedMar 2017
RERA registeredDec 2017
Proposed completionNov 2018
TodaySep 2026

Find your flat

Every flat the builder registered. Look yours up and check it is on the record.

UnitType
SHOP NO. 1Ground FloorSHOP
SHOP NO. 2Ground FloorSHOP
1011st Floor2BHK
1021st Floor2BHK
1031st Floor2BHK
1041st Floor2BHK
2012nd Floor2BHK
2022nd Floor2BHK
2032nd Floor2BHK
2042nd Floor2BHK
3013rd Floor2BHK
3023rd Floor2BHK
3033rd Floor2BHK
3043rd Floor2BHK
4014th Floor2BHK
4024th Floor2BHK
4034th Floor2BHK
4044th Floor2BHK

Areas are not shown for this project. The sizes filed against these flats are not credible — units recorded as 2 and 3 BHK are filed at sizes no flat is, which usually means square feet were entered in a column the register labels square metres. Publishing those as the registered carpet area would be worse than publishing nothing. The flat numbers and types above are the register’s.

02

Builder’s track record

RERA Karnataka · Builder registration

LOTUS SAPPHIRE

Dakshina KannadaBased in
2Projects
1City
2017–2021Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
1,511 sq mland declared
₹15.28 Crdeclared build cost

Build cost is what the builder 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 builder, 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.

More from LOTUS SAPPHIRE— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Mangalore
District
Dakshina Kannada
Address
URWA STORE, MANGALORE, URWA STORE, MANGALORE
What’s nearby
Schools1 school within 1km · 3 educational institutions within 1km · College or university 309m away
HealthcareHospital 535m away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 7 restaurants and cafes within 1km
ShoppingSupermarket 815m away · Mall 1.1km away · Bank 326m away
Getting around
Expressway 952 mPrimary road 330 m · Kuloor Ferry RoadRailway line 3.9 kmRailway station 4.1km away (Mangaluru Central)2 bus stops within 500m
Water & environment
River 1.3 km · GurupuraWater body 1.9 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.88 Cr declared. What that works out to:

30%of the cost is 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.

04

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (29 Nov 2018) 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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

165 residential projects still under way within 25 km. Step out ring by ring:

Of the 405 projects the radar draws within 6 km — every kind, every stage — 118 are residential projects still under way. This list keeps only those, and looks further out.

20 projects within 1 km — showing the nearest 6.

130 m awayMixed Development

SEZARA

SRINIDHI BUILDERS & DEVELOPERS · Mangalore

Jan 2025started
Dec 2029target completion
Declared cost₹19.82 CrScale44 flatsAuthorityRERA Karnataka
150 m awayApartment

NORTHERNSKY TRANQUILLO

M/S. JV BUILDERS · Mangalore

Aug 2025started
Dec 2031target completion
Declared cost₹36.03 CrScale56 flatsAuthorityRERA Karnataka
150 m awayApartment

KAVERI APARTMENT

SATHWIK U, MITHUN NAGENDRA DEVADIGA & 58 OTHERS · Mangalore

Jan 2024started
Dec 2029target completion
Declared cost₹28.75 CrScale60 flatsAuthorityRERA Karnataka
170 m awayMixed Development

SINDHU SOUPARNIKA

SINDHU CORPORATION · Mangalore

Jan 2025started
Dec 2030target completion
Declared cost₹17.00 CrScale71 flatsAuthorityRERA Karnataka
380 m awayMixed Development

ALINA

HOMELAND PROPERTY GROUP · Mangalore

Apr 2024started
Nov 2028target completion
Declared cost₹10.05 CrScale30 flatsAuthorityRERA Karnataka
410 m awayApartment

AVYANNA

ARNAVAPROPERTIES · Mangalore

Jan 2025started
Mar 2030target completion
Declared cost₹27.82 CrScale28 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.