HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
30 units
Unit mix
4 × flat 2 bhk · 4 × Flat 2 BHK · 4 × flat 3 bhk · 4 × flat 3 bhk · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop · 1 × Shop
Towers
1
Floors
4
Land area
809 sq m
Built-up area
3,007 sq m
FAR sanctioned
3
Covered area
507 sq m
Open area
303 sq m
Land parcels
1 survey no

Timeline

Project startedDec 2023
RERA registeredJan 2024
Proposed completionMay 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.

30 units across 18 batches
TypeArea sq mCount
flat 2 bhk214
Shop201
Shop251
Shop241
Flat 2 BHK194
Shop401
Shop281
Shop391
Shop141
Shop161
Shop241
Shop381
Shop281
Shop171
Shop381
flat 3 bhk304
Shop171
flat 3 bhk274

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

LOTUS PROPERTIES

Partnership FirmPromoter type
Dakshina KannadaBased in
19Projects
3Cities
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
637 homeson the public record across 19 projects
1,18,590 sq mbuilt-up filed
33,684 sq mland declared
₹249.62 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
Mangaluru Urban Development AuthorityUrban Development Authoritythis project14 of 19 projects
Pimpri Chinchawad Municipal CorporationMunicipal Corporation2 of 19 projects
Cochin Municipal CorporationMunicipal Corporation1 of 19 projects
Pimpri Chinchawad Municiple Corporation1 of 19 projects
Tripunithura MunicipalityMunicipality1 of 19 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
Mangalore
District
Dakshina Kannada
Pincode
575006
Address
SY No.76/4A, Boloor B Village , Urva Marigudi Road Urva Mangalore , Mangalore , Dakshina Kannada, Karnataka - 575006
North boundary
Survey Line
East boundary
Road
South boundary
Portion of the same Sub-Division
West boundary
Sub-Division Line
What’s nearby
Schools1 school within 1km · 4 educational institutions within 1km · College or university 302m away
HealthcareHospital 313m away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 587m away · Mall 333m away · Bank 549m away
Getting around
Expressway 1.6 kmPrimary road 612 m · Kuloor Ferry RoadRailway line 3.3 kmRailway station 3.5km away (Mangaluru Central)Bus stop within 500m
Water & environment
River 901 m · GurupuraWater 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

₹8.69 Cr declared to build 30 flats. What that works out to:

₹28.97 Lakhdeclared cost per flatall-in — land + construction
₹2,685/sq ftof built-up area₹28,903/sq m
21%of the cost is land₹2,137/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 11 Aug 2023 · 2 yrs ago
Building Permit no. E9/BA10/2023-24(165066) KANIPA 78/2023-24Survey no. 76/4a

The promised possession date (31 May 2026) 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 E9/BA10/2023-24(165066) KANIPA 78/2023-24 on the approving authority’s portal to confirm the sanction.

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.

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.