Is MARGARITA registered under RERA?

Yes. MARGARITA by GREEN SHELTERS PROMOTERS & DEVELOPERS is on the public record with RERA Karnataka under RERA registration number PRM/KA/RERA/1257/334/PR/050723/006044.

When is MARGARITA due for possession?

The promised completion date on file with RERA Karnataka is December 2025. This is the date the promoter filed, not a prediction of delivery.

Which authority approved MARGARITA?

The building permit for MARGARITA was approved by Mangaluru Urban Development Authority, plan number E2/BA-36/2019-20. This is the sanction of the plan, not confirmation the project was built to it.

What is the declared cost of MARGARITA?

The declared project cost on record (land plus construction) is ₹4.58 crore. This is the cost the promoter declared to RERA Karnataka, not a sale or per-unit price.

Where is MARGARITA located?

MARGARITA is located in Mangalore, Karnataka, as filed with RERA Karnataka.

MARGARITA RERA, Mangalore, Karnataka — the public record

Name: MARGARITA — public record
Creator: RERA Karnataka

MARGARITA

PRM/KA/RERA/1257/334/PR/050723/006044 · RERA Karnataka · https://gethorizon.in/projects/margarita-mangalore-wyk2utlc

Complete project overview

RERA Karnataka · Registration filing

Units: 11 units
Unit mix: 7 × 3 BHK · 4 × 2BHK
Towers: 1
Floors: 4
Land area: 567 sq m
Built-up area: 1,433 sq m
FAR sanctioned: 1.8
Covered area: 293 sq m
Open area: 274 sq m
Land parcels: 1 survey no

Timeline

Project startedOct 2021

RERA registeredJul 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

0011st Floor3 BHK88.4512.509.20

0021st Floor2 BHK63.4812.506.85

0031st Floor3 BHK86.8417.949.43

1012nd Floor3 BHK88.4520.479.76

1022nd Floor2 BHK63.4819.877.36

1032nd Floor3 BHK87.5421.669.75

2013rd Floor3 BHK88.4520.479.76

2023rd Floor2 BHK63.4819.877.36

2033rd Floor3 BHK117.0821.6613.41

3014th Floor3 BHK88.4520.479.76

3024th Floor2 BHK63.4819.877.36

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.

Builder’s track record

RERA Karnataka · Builder registration

GREEN SHELTERS PROMOTERS & DEVELOPERS

Proprietorship FirmPromoter type

Dakshina KannadaBased in

1Projects

1City

2023–2025Active

Timelineevery project, start → promised completion

MARGARITA

this project

Apartment

Oct 2021started

Dec 2025target completion

11 flats1,433 sq m₹4.58 Cr

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.

Location & price analysis

RERA Karnataka · Registration filing

Taluk: Mangalore
District: Dakshina Kannada
Pincode: 575002
Address: PROPOSED CONSTRUCTION OF RESIDENTIAL BUILDING ON LAND , S.N 398(P) UPPER BENDOOR KADRI VILLAGE MANGALORE TALUK, D.K , Mangalore , Dakshina Kannada, Karnataka - 575002
North boundary: 12°52'23.26"N
East boundary: 12°52'23.81"N
South boundary: 74°51'19.23"E
West boundary: 74°51'19.98"E

What’s nearby

Schools1 school within 1km · College or university 646m away · Library 1.0km away

HealthcareHospital 634m away · 7 clinics within 1km · Pharmacy within 1km

LifestyleNo parks within 2km · Gym or sports centre 1.5km away · 18+ restaurants and cafes within 1km

ShoppingSupermarket 1.4km away · Mall 1.6km away · Convenience store within 1km

Getting around

Expressway 935 mPrimary road 67 m · Lower Bendoor RoadRailway line 1.5 kmRailway station 1.7km away (Mangaluru Central)Limited bus connectivity nearby

Land, title & encumbrance

LandJoint development (JDA) — built on the owner’s land by agreement

ConversionConverted to non-agricultural

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

₹4.58 Cr declared to build 11 flats. What that works out to:

₹41.63 Lakhdeclared cost per flatall-in — land + construction

₹2,969/sq ftof built-up area₹31,959/sq m

34%of the cost is land₹2,588/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.

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.

Planning authority

RERA Karnataka · Approved building plan

Mangaluru Urban Development Authority

Urban Development Authority

approved 8 Oct 2021 · 4 yrs ago

Building Permit no. E2/BA-36/2019-20Survey no. 398(p)

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 E2/BA-36/2019-20 on the approving authority’s portal to confirm the approval.

The approving body, at scale

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projects — about 1 in 20 in Karnataka.

an apartments market — 96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders: 315
On record: 8,036 flats · 698 plots
Reach: 6 taluks
Since: 2017

More apartment-heavy than Karnataka overall — 96% 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→

Complaints & litigation

RERA Karnataka · public record

Complaints register

None on record with RERA Karnataka against this project.

Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.

What the builder declared

Declared to RERA Karnataka

Litigation: Declared free of litigation

The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.

Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.

Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.

Other projects nearby

The register · within 25 km

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

Of the 433 projects the radar draws within 6 km — every kind, every stage — 123 are residential projects still under way. This list keeps only those, and looks further out.

13 projects within 1 km — showing the nearest 6.

320 m awayApartment

LOTUS SIGNATURE

SIGNATURE PROPERTIES · Mangalore

Jan 2026started

Dec 2027target completion

Declared cost₹9.05 CrScale22 flatsAuthorityRERA Karnataka

Open the read Compare

350 m awayApartment

DAVID’S COURT

MARIAN PROMINENCE LLP · Mangalore

Dec 2024started

Dec 2029target completion

Declared cost₹7.97 CrScale18 flatsAuthorityRERA Karnataka

Open the read Compare

380 m awayApartment

Altitude

LAND TRADES BUILDERS & DEVELOPERS · Mangalore

Jan 2026started

Dec 2029target completion

Declared cost₹81.66 CrScale28 flatsAuthorityRERA Karnataka

Open the read Compare

470 m awayApartment

BMK SKY VILLA

Land Trades Builders and Developers Private Limited · Mangalore

Jan 2024started

Jan 2027target completion

Declared cost₹61.69 CrScale23 flatsAuthorityRERA Karnataka

Open the read Compare

650 m awayApartment

INLAND EUPHORIA

INLAND BUILDERS · Mangalore

Aug 2026started

Aug 2030target completion

Declared cost₹41.75 CrScale24 flatsAuthorityRERA Karnataka

Open the read Compare

710 m awayApartment

ROHAN GARDEN

PROPERTY REAL ESTATE & DEVELOPERS · Mangalore

Jan 2026started

Dec 2030target completion

Declared cost₹26.18 CrScale28 flatsAuthorityRERA Karnataka

Open the read Compare

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.