HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
30,665 sq m
Covered area
9,981 sq m
Open area
20,684 sq m
Garage area
1,774 sq m

Timeline

Project startedFeb 2019
RERA registeredAug 2019
Proposed completionDec 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Marian Infrastructues

Dakshina KannadaBased in
1Projects
1City
2019–2021Active
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
Mangalore
District
Dakshina Kannada
Address
NH66 behind Namma tv studio, Kulai
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Mall 447m away · Bank 128m away
Getting around
Expressway 97 mPrimary road 2.6 kmRailway line 475 mRailway station 2.4km away (Thokur)Bus stop within 1km
Water & environment
Canal 310 mWater body 656 m · Baggundi Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.61 Cr declared. What that works out to:

₹140/sq ftof plotted area₹1,502/sq m
369%of the cost is land₹515/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

Mangaluru Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Dec 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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.

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.

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.