HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
1,599 sq m
FAR sanctioned
2.73
Covered area
1,146 sq m
Open area
453 sq m

Timeline

Project startedJun 2018
RERA registeredFeb 2019
Proposed completionMar 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Madhukamal Developers

BelagaviBased in
1Projects
1City
2019–2022Active
Timelineevery project, start → promised completion
MADHUKAMAL ETERNIA

MADHUKAMAL ETERNIA

this project
Mixed Development
Jun 2018started
Mar 2022target completion
₹16.65 Cr

The only project Horizon has read from this promoter so far. 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
Belagavi
District
Sangli
Pincode
416415
Address
CTS No. 138 (earlier known as CTS 138 Extension), Mangalwar Peth, Tilakwadi
What’s nearby
Schools1 school within 500m · 10 educational institutions within 1km · College or university 614m away
HealthcareHospital 154m away · 3 clinics within 1km · Doctor's clinic within 1km
LifestylePark 992m away · 9 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 183m away · Mall 999m away · Convenience store within 500m
Getting around
Expressway 224 m · Congress RoadPrimary road 222 m · Atal Bihari Vajpayee MargRailway line 287 mRailway station 1.7km away (Belagavi)Bus stop within 1km
Water & environment
Water body 1.1 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹16.65 Cr declared. What that works out to:

28%of the cost is 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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
Building Permit

The promised possession date (31 Mar 2022) 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.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects — 2.4% of Karnataka.

an apartments market — 100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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.