Complete project overview
RERA Karnataka · Registration filing- Status
- Completed
- Towers
- 1
- Land area
- 809 sq m
- FAR sanctioned
- 1.5
- Covered area
- 378 sq m
- Open area
- 431 sq m
Timeline
Builder’s track record
RERA Karnataka · Promoter registrationNayak Constructions and Developers
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.
Location & price analysis
RERA Karnataka · Registration filing- Taluk
- Udupi
- District
- Udupi
- Pincode
- 576101
- Address
- 101/31, Baiderbettu, Manipal
₹5.00 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.
Planning authority
RERA Karnataka · Approved building planThe promised possession date (30 Sep 2019) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
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.
Udupi Urban Development Authority
Urban Development AuthorityHas approved 134 RERA projects — 1.5% of Karnataka.
an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 112
- On record
- 3,485 flats · 325 plots
- Reach
- 6 taluks
- Since
- 2017
More apartment-heavy than Karnataka overall — 87% 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.
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.