HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
78 units
Unit mix
42 × SHOPS · 20 × 1 BHK · 16 × 2 BHK
Towers
1
Floors
6
Land area
1,837 sq m
Built-up area
4,874 sq m
FAR sanctioned
1.88
Covered area
711 sq m
Open area
1,126 sq m
Land parcels
2 survey nos

Timeline

Project startedJan 2022
RERA registeredMar 2023
Proposed completionDec 2025
TodayJul 2026

Find your flat

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

78 units across 3 batches
TypeArea sq mCount
1 BHK4120
SHOPS2442
2 BHK5916

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

MATHA DEVELOPERS PVT LTD

CompanyPromoter type
Dakshina KannadaBased in
7Projects
3Cities
2017–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
168 homeson the public record across 7 projects
11,071 sq mbuilt-up filed
22,365 sq mland declared
₹117.17 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Mangaluru Urban Development AuthorityUrban Development Authority5 of 7 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project2 of 7 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
574154
Address
DETAILED DRAWING SHOES THE PROPOSED CONSTRUCTION OF COMMERCIAL CUM RESIDENTIAL APARTMENT BUILDING IN , S.N. 59/13 & 5914B AT NO. 144, NADSALU VILLAGE UDUPI TALUK & UDUPI DISTRICT , Udupi , Udupi, Karnataka - 574154
North boundary
Survey line
East boundary
SD Line
South boundary
SD Line
West boundary
SD Line & ROAD
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 389m away · Pharmacy within 500m
LifestylePark 1.7km away · 4 restaurants and cafes within 1km
ShoppingSupermarket 153m away · Bank 131m away · ATM within 500m
Getting around
Expressway 22 mPrimary road 125 mRailway line 2.0 km · Konkan RailwayRailway station 3.7km away (Nandikoor)Limited bus connectivity nearby
Water & environment
River 942 mWater body 4.8 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹8.19 Cr declared to build 78 flats. What that works out to:

₹10.50 Lakhdeclared cost per flatall-in — land + construction
₹1,561/sq ftof built-up area₹16,807/sq m
2%of the cost is land₹75/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 23 Aug 2021 · 4 yrs ago
Building Permit no. 29/2021-22Survey no. 59/13

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

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 29/2021-22 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.

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.
  • Complaints — RERA Karnataka does not publish a complaints register. This read cannot speak to them either way.