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Detailed Report

MAGNIFICENT

PRM/KA/RERA/1249/447/PR/230123/005647 · RERA Karnataka · https://gethorizon.in/projects/magnificent-belagavi-y64255q0

01

Complete project overview

RERA Karnataka · Registration filing
Units
27 units
Unit mix
3 × 3BHK · 3 × 3BHK · 3 × 2BHK · 3 × 2BHK · 3 × 2BHK · 2 × 1BHK · 1 × 2BHK · 1 × 1BHK · 1 × 2BHK · 1 × 2BHK · 1 × 2BHK · 1 × 2BHK · 1 × 1BHK · 1 × 2BHK · 1 × 2BHK · 1 × 1BHK
Towers
1
Floors
4
Land area
739 sq m
Built-up area
2,011 sq m
FAR sanctioned
2.72
Covered area
473 sq m
Open area
266 sq m
Land parcels
2 survey nos

Timeline

Project startedMay 2022
RERA registeredJan 2023
Proposed completionDec 2025
TodaySep 2026

Find your flat

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
G-1Ground Floor3 BHK98.9819.2323.74
G-2Ground Floor1 BHK47.944.7417.26
G-3Ground Floor1 BHK66.896.9719.32
G-4Ground Floor1 BHK56.675.2016.18
G-5Ground Floor1 BHK66.056.7819.06
G-6Ground Floor2 BHK75.627.7121.79
F-1011st Floor3 BHK98.9819.2333.05
F-1021st Floor2 BHK64.3315.7923.80
F-1031st Floor2 BHK68.1812.3622.38
F-1041st Floor2 BHK78.1713.8425.62
F-1051st Floor3 BHK94.2923.4132.42
S-1012nd Floor3 BHK98.9819.2333.05
S-2022nd Floor2 BHK64.3315.7923.80
S-2032nd Floor2 BHK68.1812.3622.38
S-2042nd Floor2 BHK78.1713.8425.62
S-2052nd Floor3 BHK94.2823.4132.42
T-3013rd Floor3 BHK98.9819.2333.05
T-3023rd Floor2 BHK64.3315.7923.80
T-3033rd Floor2 BHK78.1713.8425.62
T-3043rd Floor2 BHK78.1713.8425.62
T-3053rd Floor3 BHK94.2823.4132.42
F-4014th Floor2 BHK64.0715.1422.50
F-4024th Floor2 BHK64.3315.7923.80
F-4034th Floor2 BHK68.1812.3622.38
F-4044th Floor2 BHK78.1713.8425.62
F-4054th Floor2 BHK73.7917.7417.58
F-4064th Floor1 BHK52.8912.4517.58

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

All 27 units as filed, two to a row · areas in sq m
UnitTypeCarpetExclusive areaUndivided shareUnitTypeCarpetExclusive areaUndivided share
G-1Ground Floor3 BHK98.9819.2323.74G-2Ground Floor1 BHK47.944.7417.26
G-3Ground Floor1 BHK66.896.9719.32G-4Ground Floor1 BHK56.675.2016.18
G-5Ground Floor1 BHK66.056.7819.06G-6Ground Floor2 BHK75.627.7121.79
F-1011st Floor3 BHK98.9819.2333.05F-1021st Floor2 BHK64.3315.7923.80
F-1031st Floor2 BHK68.1812.3622.38F-1041st Floor2 BHK78.1713.8425.62
F-1051st Floor3 BHK94.2923.4132.42S-1012nd Floor3 BHK98.9819.2333.05
S-2022nd Floor2 BHK64.3315.7923.80S-2032nd Floor2 BHK68.1812.3622.38
S-2042nd Floor2 BHK78.1713.8425.62S-2052nd Floor3 BHK94.2823.4132.42
T-3013rd Floor3 BHK98.9819.2333.05T-3023rd Floor2 BHK64.3315.7923.80
T-3033rd Floor2 BHK78.1713.8425.62T-3043rd Floor2 BHK78.1713.8425.62
T-3053rd Floor3 BHK94.2823.4132.42F-4014th Floor2 BHK64.0715.1422.50
F-4024th Floor2 BHK64.3315.7923.80F-4034th Floor2 BHK68.1812.3622.38
F-4044th Floor2 BHK78.1713.8425.62F-4054th Floor2 BHK73.7917.7417.58
F-4064th Floor1 BHK52.8912.4517.58
02

Builder’s track record

RERA Karnataka · Builder registration

Rayangouda Patil Prop. of Sini Build

Proprietorship FirmPromoter type
BelagaviBased in
1Projects
1City
2023–2025Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 25 new projects last year
  • 291 nearby projects
1 km radius · coordinates as filed · 15.8800, 74.5043 · © OpenStreetMap contributors
Taluk
Belagavi
District
Belagavi
Pincode
590019
Address
PLOT NO. 199 AND 200 OUT OF R S NO. 1368 , CORRESPONDING TO CTS NO. 4858/25 AND 4858/26 , Belagavi , Belagavi, Karnataka - 590019
North boundary
CTS NO. 4858/26
East boundary
ROAD
South boundary
CTS NO. 4858/24
West boundary
CTS NO. 4858/8
What’s nearby
Schools1 school within 1km · College or university 1.4km away · Library 1.6km away
HealthcareHospital 966m away · Clinic within 2km
LifestylePark 647m away · Swimming pool within 2km
ShoppingNo supermarket within 2km · Mall 553m away
Getting around
Expressway 1.1 km · Belgaum - Panaji HighwayPrimary road 260 mRailway line 3.2 kmRailway station 3.5km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 628 m
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionOne or more surveys not converted to non-agricultural
MortgageNone declared on the project / land
As declared by the builder 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

₹7.57 Cr declared to build 27 flats. What that works out to:

₹28.05 Lakhdeclared cost per flatall-in — land + construction
₹3,499/sq ftof built-up area₹37,660/sq m
35%of the cost is land₹3,357/sq ft of 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

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

Open ground within ~20 m of the recorded location until 2022; a building is first visible in 2023 and is about 18 m tall by 2023.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.

Satellite photographs of the same ground

Jan 2017
Mar 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • A building is first visible in 2023.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

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.

06

Planning authority

RERA Karnataka · Approved building plan

Commissioner, City Corporation, Belagavi

Municipal / Corporation
approved 13 Jan 2022 · 4 yrs ago
Building Permit no. BGM-LBPAS-17411/21-22/BPSurvey no. 4858/25

The promised possession date (31 Dec 2025) 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.

Verify it yourself — look up plan BGM-LBPAS-17411/21-22/BP on the approving authority’s portal to confirm the approval.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects2.4% of Karnataka.

an apartments market100% 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.

See every project approved by RERA Karnataka

08

Other projects nearby

The register · within 25 km

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

Of the 291 projects the radar draws within 6 km — every kind, every stage — 95 are residential projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

280 m awayApartment

SIRI HARI CREST

SIRI BUILDERS AND DEVELOPERS · Belagavi

Nov 2025started
Sep 2029target completion
Declared cost₹5.01 CrScale13 flatsAuthorityRERA Karnataka
380 m awayApartment

ELITE RESIDNECY-II

M/s. UNIQUE CONSTRUCTIONS · Belagavi

Jan 2023started
Mar 2026target completion
Declared cost₹4.51 CrScale19 flatsAuthorityRERA Karnataka
410 m awayApartment

ABHIRAM EMERALD

P SQUARE INFRA · Belagavi

Jun 2023started
Dec 2028target completion
Declared cost₹5.82 CrScale27 flatsAuthorityRERA Karnataka
410 m awayMixed

VAISHNAVII RESIDENCY I

Veerbhadrappa Ghativalappa Kivadasannavar Prop. Vaishnavii Developers · Belagavi

Sep 2024started
Mar 2027target completion
Declared cost₹4.12 CrScale16 flatsAuthorityRERA Karnataka
410 m awayApartment

VAISHNAVII RESIDENCY II

VEERBHADRAPPA GHATIVALAPPA KIVADASNNAVAR PROP. VAISHNAVII DEVELOPERS · Belagavi

Sep 2024started
Mar 2027target completion
Declared cost₹3.87 CrScale16 flatsAuthorityRERA Karnataka
410 m awayApartment

MOTI MAHAL

A H REALTY · Belagavi

Jul 2021started
Dec 2026target completion
no escrow declaredDeclared cost₹8.27 CrScale18 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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: as filed with RERA Karnataka.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  6. 06Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/magnificent-belagavi-y64255q0.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.