HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
2,529 sq m
Covered area
1,375 sq m
Open area
1,154 sq m

Timeline

Project startedMar 2021
RERA registeredAug 2021
Proposed completionMar 2024
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Neelgund Developers and Builders Pvt Ltd

DharwadBased in
8Projects
2Cities
2020–2024Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
8 projectson the public record across 8 projects
51,291 sq mplotted area
51,291 sq mland declared
₹13.46 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
Hubballi
District
Dharwad
Pincode
580020
Address
SY No. 927/5 , Kusugal, Hubli Talku
What’s nearby
Schools1 school within 500m · College or university 223m away
HealthcareHospital 1.3km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 733m away
Getting around
Expressway 2.2 km · Gadag RoadPrimary road 879 m · Vijayapura RoadRailway line 1.1 km · Hubbali Bypass LineRailway station 2.7km away (Hubballi)Bus stop within 1km
Water & environment
Water body 1.1 km · Nagashetty Koppa Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹70.47 Lakh declared. What that works out to:

₹259/sq ftof plotted area₹2,786/sq m
56%of the cost is land₹144/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

Hubbali-Dharwad Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (31 Mar 2024) 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

HUBBALI

Urban Development Authority · Dharwad Urban Development Authority

Has approved 119 RERA projects1.4% of Karnataka.

a mixed market52% apartments · 48% plotted layouts.

Builders
97
On record
892 flats · 1,580 plots
Reach
12 taluks
Since
2017

More layout-heavy than Karnataka overall — 48% 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.