HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
10,776 sq m
FAR sanctioned
2.5
Covered area
5,534 sq m
Open area
5,243 sq m

Timeline

Project startedJul 2019
RERA registeredSep 2019
Proposed completionAug 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Jerry Vincent Dias

UdupiBased in
1Projects
1City
2019–2024Active
Timelineevery project, start → promised completion
Mandavi Times Square

Mandavi Times Square

this project
Commercial
Jul 2019started
Aug 2024target completion
₹100.60 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
Udupi
District
Udupi
Pincode
576101
Address
Mandavi Times Square,Royal Garden,Kalsanka,M G road Udupi-576101, Mandavi Times Square,Royal garden,Kalsanka,M G road Udupi-576101
What’s nearby
Schools1 school within 1km · College or university 586m away · Library 1.4km away
HealthcareHospital 616m away · 2 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 21+ restaurants and cafes within 1km
ShoppingSupermarket 442m away · Mall 469m away · Bank 447m away
Getting around
Expressway 96 m · Malpe - Manipal RoadPrimary road 384 mRailway line 1.8 km · Konkan RailwayRailway station 2.2km away (Udupi)Bus stop within 1km
Water & environment
Water body 499 m · Sri Madhva Sarovara
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹100.60 Cr declared. What that works out to:

3%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

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Aug 2024) 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

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects — 1.5% of Karnataka.

an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.