HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
5,059 sq m

Timeline

Project startedMay 2016
RERA registeredJan 2018
Proposed completionFeb 2019
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Srimanth Navaldi

IndividualPromoter type
KarnatakaBased in
2Projects
1City
2018–2019Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
2 projectson the public record across 2 projects
71,124 sq mplotted area
71,124 sq mland declared
₹2.83 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
Kalaburagi
District
Kalaburagi
Address
Near High Court, Ring Road
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 319m away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 185m away · ATM within 500m
Getting around
Expressway 34 m · Ring RoadPrimary road 342 mRailway line 1.7 kmRailway station 2.0km away (Kalaburagi Junction)Limited bus connectivity nearby
Price analysisdeclared build cost — not a sale price

₹21.07 Lakh declared. What that works out to:

₹39/sq ftof plotted area₹416/sq m
17%of the cost is land₹7/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

Kalburgi Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (26 Feb 2019) 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

Kalburgi Urban Development Authority

Urban Development Authority

Has approved 181 RERA projects2.1% of Karnataka.

a plotted-layout market33% apartments · 67% plotted layouts. Your plotted layout is this body's core business.

Builders
162
On record
939 flats · 6,094 plots
Reach
4 taluks
Since
2017

More layout-heavy than Karnataka overall — 67% 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.