HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
35 units
Unit mix
20 × 2BHK · 15 × 3BHK
Towers
1
Floors
4
Land area
2,530 sq m
Built-up area
7,451 sq m
FAR sanctioned
1.75
Covered area
1,423 sq m
Open area
1,107 sq m

Timeline

Project startedJan 2023
RERA registeredApr 2023
Proposed completionMar 2025
TodayJul 2026
Construction progress

56% overall, as filed

Amenities3%
External infra15%
Internal infra20%
Finishing70%
Super-structure81%
Common areas97%
Sub-structure100%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

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

35 units across 2 batches
TypeArea sq mCount
3BHK9915
2BHK8420

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

Royal Indraprastha Proptech LLP

Partnership FirmPromoter type
Bengaluru UrbanBased in
1Projects
1City
2023–2025Active
Timelineevery project, start → promised completion

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
Shivamogga
District
Shivamogga
Pincode
577205
Address
plot No. A having Katha No. 4871/9379/16 & 4876/9373/21 with PID No.83847 , UPOR No. S02-957 ward No.35, Gopala, Gadikoppa Village, Shimoga , Shivamogga , Shivamogga, Karnataka - 577205
North boundary
30 ft Road
East boundary
Property bearing Sy No. 7
South boundary
Property bearing Sy No.6
West boundary
Land Property bearing Sy No.7 & Site No. B
What’s nearby
SchoolsNearest school 1.3km away · College or university 1.8km away
HealthcareHospital 1.0km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 1.2km away · Bank 468m away
Getting around
Expressway 353 m · Sagar RoadPrimary road 376 m · 100 ft Ring RoadRailway line 2.2 kmRailway station 4.2km away (Kotegangoor)Limited bus connectivity nearby
Water & environment
Canal 1.2 km · Upper Tunga CanalWater body 1.2 km
distances only — not a flood assessment
Land, title & encumbrance
MortgageNone declared on the project / land
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

₹14.46 Cr declared to build 35 flats. What that works out to:

₹41.30 Lakhdeclared cost per flatall-in — land + construction
₹1,803/sq ftof built-up area₹19,402/sq m
2%of the cost is land₹85/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

Shivamogga Urban Development Authority

Urban Development Authority
approved 27 Oct 2022 · 3 yrs ago
Building Permit no. SMG-BL-735-2022-23

The promised possession date (3 Mar 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

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 SMG-BL-735-2022-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects1.3% of Karnataka.

a plotted-layout market21% apartments · 79% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018

More layout-heavy than Karnataka overall — 79% 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.

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.