HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
3,358 sq m
FAR sanctioned
2.098
Covered area
1,324 sq m
Open area
2,034 sq m
Garage area
2,398 sq m

Timeline

Project startedFeb 2016
RERA registeredOct 2017
Proposed completionOct 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Coastal Karnataka Developers

Dakshina KannadaBased in
2Projects
2Cities
2017–2018Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
4,956 sq mland declared
₹31.00 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.

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
Mangalore
District
Dakshina Kannada
Pincode
575006
Address
Anegundi Road,, Bejai kapikad
What’s nearby
Schools1 school within 1km · College or university 1.0km away · Library 836m away
HealthcareHospital 607m away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 1.5km away · 3 restaurants and cafes within 1km
ShoppingSupermarket 657m away · Mall 1.3km away · Bank 203m away
Getting around
Expressway 828 mPrimary road 556 m · George Fernandes RoadRailway line 2.8 kmRailway station 3.1km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 614 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹17.00 Cr declared. What that works out to:

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)
Building Permit

The promised possession date (31 Oct 2018) 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

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.

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.