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Detailed Report

Nakshatra

PRM/KA/RERA/1257/334/PR/200722/003498 · RERA Karnataka · https://gethorizon.in/projects/nakshatra-mangalore-okue23ed

01

Complete project overview

RERA Karnataka · Registration filing
Towers
1
Land area
1,983 sq m
FAR sanctioned
4.03
Covered area
815 sq m
Open area
1,168 sq m
Garage area
675 sq m

Timeline

RERA registeredJul 2020
Project startedOct 2020
Proposed completionOct 2023
TodaySep 2026

Find your flat

Every flat the builder registered. Look yours up and check it is on the record.

UnitType
2032nd Floor2 BHK
2042nd Floor3 BHK
3013rd Floor3 BHK
3023rd Floor2 BHK
3033rd Floor2 BHK
3043rd Floor3 BHK
4014th Floor3 BHK
4024th Floor2 BHK
4034th Floor2 BHK
4044th Floor3 BHK
5015th Floor3 BHK
5025th Floor2 BHK
5035th Floor2 BHK
5045th Floor3 BHK
6016th Floor3 BHK
6026th Floor2 BHK
6036th Floor2 BHK
6046th Floor3 BHK
7017th Floor3 BHK
7027th Floor2 BHK
7037th Floor2 BHK
7047th Floor3 BHK
8018th Floor3 BHK
8028th Floor2 BHK
8038th Floor2 BHK
8048th Floor3 BHK
9019th Floor3 BHK
9029th Floor2 BHK
9039th Floor2 BHK
9049th Floor3 BHK
100110th Floor3 BHK
100210th Floor2 BHK
100310th Floor2 BHK
100410th Floor3 BHK
110111th Floor3 BHK
110211th Floor2 BHK
110311th Floor2 BHK
110411th Floor3 BHK
120112th Floor3 BHK
120212th Floor2 BHK
120312th Floor2 BHK
120412th Floor3 BHK
130113th Floor3 BHK
130213th Floor2 BHK
130313th Floor2 BHK
130413th Floor3 BHK
140114th Floor4 BHK
140214th Floor3 BHK
140314th Floor4 BHK
150115th Floor4 BHK
150215th Floor3 BHK
150315th Floor4 BHK

Areas are not shown for this project. The sizes filed against these flats are not credible — units recorded as 2 and 3 BHK are filed at sizes no flat is, which usually means square feet were entered in a column the register labels square metres. Publishing those as the registered carpet area would be worse than publishing nothing. The flat numbers and types above are the register’s.

All 52 units as filed, two to a row · areas in sq m
UnitTypeUnitType
2032nd Floor2 BHK2042nd Floor3 BHK
3013rd Floor3 BHK3023rd Floor2 BHK
3033rd Floor2 BHK3043rd Floor3 BHK
4014th Floor3 BHK4024th Floor2 BHK
4034th Floor2 BHK4044th Floor3 BHK
5015th Floor3 BHK5025th Floor2 BHK
5035th Floor2 BHK5045th Floor3 BHK
6016th Floor3 BHK6026th Floor2 BHK
6036th Floor2 BHK6046th Floor3 BHK
7017th Floor3 BHK7027th Floor2 BHK
7037th Floor2 BHK7047th Floor3 BHK
8018th Floor3 BHK8028th Floor2 BHK
8038th Floor2 BHK8048th Floor3 BHK
9019th Floor3 BHK9029th Floor2 BHK
9039th Floor2 BHK9049th Floor3 BHK
100110th Floor3 BHK100210th Floor2 BHK
100310th Floor2 BHK100410th Floor3 BHK
110111th Floor3 BHK110211th Floor2 BHK
110311th Floor2 BHK110411th Floor3 BHK
120112th Floor3 BHK120212th Floor2 BHK
120312th Floor2 BHK120412th Floor3 BHK
130113th Floor3 BHK130213th Floor2 BHK
130313th Floor2 BHK130413th Floor3 BHK
140114th Floor4 BHK140214th Floor3 BHK
140314th Floor4 BHK150115th Floor4 BHK
150215th Floor3 BHK150315th Floor4 BHK
02

Builder’s track record

RERA Karnataka · Builder registration

Land Trades Builders and Developers

Dakshina KannadaBased in
12Projects
1City
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
503 homes · 16 plotson the public record across 12 projects
1,64,564 sq mbuilt-up filed
38,955 sq mland declared
₹1012.75 Crdeclared build cost

Build cost is what the builder 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.

Every project Horizon has read from this builder, 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.

More from Land Trades Builders and Developers— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 30 new projects last year
  • 383 nearby projects
1 km radius · coordinates as filed · 12.8886, 74.8223 · © OpenStreetMap contributors
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575001
Address
Sy No.666/28(P),666/29(P),666/30(P),666/31(P), Boloor Village,Near Muncipal School ,Mangalore Taluk
What’s nearby
SchoolsNearest school 1.4km away · College or university 1.1km away · Library 1.4km away
HealthcareHospital 1.1km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingSupermarket 1.5km away · Mall 818m away · Convenience store within 1km
Getting around
Expressway 2.5 kmPrimary road 1.4 km · Ladyhill CircleRailway line 3.5 kmRailway station 3.6km away (Mangaluru Central)2 bus stops within 500m
Water & environment
Water body 598 mRiver 680 m · Gurupura
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹39.52 Cr declared. What that works out to:

34%of the cost is 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.

04

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

A building already stood within ~25 m of the recorded location in 2016 (about 7 m), 5 m in 2023.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~25 m of the filed location.

Satellite photographs of the same ground

Jan 2017
Jan 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • A building is first visible in 2016.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
  • Site is a ~25 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • Coordinate sits 3-10 km from other projects with the same pincode.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

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.

06

Planning authority

RERA Karnataka · Approved building plan

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (12 Oct 2023) 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.

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. 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

08

Other projects nearby

The register · within 25 km

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

Of the 383 projects the radar draws within 6 km — every kind, every stage — 111 are residential projects still under way. This list keeps only those, and looks further out.

10 projects within 1 km — showing the nearest 6.

600 m awayApartment

LOTUS GOWRISHANKAR

PRANAVA BUILDERS AND DEVELOPERS · Dakshina Kannada

Jun 2026started
Dec 2029target completion
Declared cost₹31.16 CrScale42 flatsAuthorityRERA Karnataka
650 m awayResidential/Group Housing

SINDHU ENCLAVE

ACE DEVELOPERS · Dakshina Kannada

Sep 2021started
Oct 2028target completion
no escrow declaredDeclared cost₹27.89 CrAuthorityRERA Karnataka
750 m awayMixed Development

POONAM RATNA NIKETHAN

POONAM BUILDERS · Mangalore

Jan 2025started
Dec 2028target completion
Declared cost₹15.34 CrScale36 flatsAuthorityRERA Karnataka
850 m awayApartment

ROHAN SEAVIEW

ROHAN PLAZA PRIVATE LIMITED · Mangalore

Jan 2026started
Dec 2032target completion
Declared cost₹50.45 CrScale13 flatsAuthorityRERA Karnataka
860 m awayMixed Development

LOTUS ATHARVA

Lotus Properties · Dakshina Kannada

Feb 2025started
Sep 2028target completion
Declared cost₹28.18 CrScale92 flatsAuthorityRERA Karnataka
870 m awayMixed Development

ATHARVA PADMA KUSHA

ATHARVA BUILDERS AND DEVELOPERS · Mangalore

Dec 2023started
Jun 2026target completion
Declared cost₹5.00 CrScale35 flatsAuthorityRERA Karnataka

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: as filed with RERA Karnataka.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  6. 06Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/nakshatra-mangalore-okue23ed.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.