HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
27,114 sq m
Covered area
15,675 sq m
Open area
11,439 sq m

Timeline

Project startedJan 2018
RERA registeredMar 2021
Proposed completionMar 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

R S Vardhamanaiah

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2021–presentActive
Timelineevery project, start → promised completion
MAHAVEERA DIVINE CITY

MAHAVEERA DIVINE CITY

this project
Plotted Development
Jan 2018started
Mar 2021target completion
27,114 sq m₹3.54 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
Chamarajanagar
District
Chamarajanagar
Pincode
571313
Address
Survey No. 615/1, 615/2, 615/3, 615/4A and 615/4B , Ramasamudra Village, Chamarajanagara Taluk
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 482m away · 1 clinic within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.4km away
Getting around
Expressway 1.8 kmPrimary road 313 m · BR Hills RoadRailway line 1.8 kmRailway station 2.4km away (Chamarajanagar)Limited bus connectivity nearby
Water & environment
Water body 2.3 km · Doddarasina KolaRiver 3.9 km · Suvarnavati
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.54 Cr declared. What that works out to:

₹121/sq ftof plotted area₹1,304/sq m
76%of the cost is land₹92/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

Chamarajanagar-Ramsamudra Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Mar 2021) 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

Chamarajanagar-Ramsamudra Urban Development Authority

Urban Development Authority

Has approved 37 RERA projects — 0.4% of Karnataka.

a plotted-layout market — 0% apartments · 100% plotted layouts. Your plotted layout is this body's core business.

Builders
35
On record
0 flats · 1,161 plots
Reach
3 taluks
Since
2019

More layout-heavy than Karnataka overall — 100% 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.