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Nihar Enclave

PRM/KA/RERA/1273/320/PR/130924/007012 · RERA Karnataka · https://gethorizon.in/projects/nihar-enclave-kundapura-03uhonwf

01

Complete project overview

RERA Karnataka · Registration filing
Units
21 units
Unit mix
21 × Flats
Towers
1
Floors
5
Land area
1,077 sq m
Built-up area
2,882 sq m
FAR sanctioned
1710.95
Covered area
472 sq m
Open area
605 sq m
Land parcels
3 survey nos

Timeline

Project startedMar 2024
RERA registeredSep 2024
Proposed completionSep 2026
TodaySep 2026
Construction progress

80% overall, as filed

Amenities0%
External infra10%
Internal infra13%
Finishing30%
Common areas35%
Super-structure55%
Sub-structure100%
From the builder's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
1011st Floor2 BHK77.7784.9440.69
1021st Floor1 BHK48.6353.7525.75
1031st Floor3 BHK90.34118.0356.54
1041st Floor2 BHK63.9169.8533.46
1051st Floor2 BHK83.9192.0744.10
1061st Floor2 BHK64.9084.1540.31
2012nd Floor2 BHK77.7784.9440.69
2022nd Floor2 BHK87.7096.5646.25
2032nd Floor3 BHK90.34118.0356.54
2042nd Floor3 BHK124.60136.3665.32
2052nd Floor2 BHK83.9192.0744.10
2062nd Floor2 BHK64.9084.1540.31
3013rd Floor2 BHK77.7784.9440.69
3023rd Floor2 BHK87.7096.5546.25
3033rd Floor3 BHK90.34118.0356.54
3053rd Floor2 BHK83.9192.0744.10
3063rd Floor3 BHK64.9084.1540.31
4014th Floor2 BHK77.7784.9440.69
4024th Floor2 BHK87.7096.5546.25
4054th Floor4 BHK288.04320.73153.64
4064th Floor2 BHK64.9084.1540.31

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

02

Builder’s track record

RERA Karnataka · Builder registration

NIHAR INFRASTRUCTURE

Partnership FirmPromoter type
UdupiBased in
1Projects
1City
2024–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this builder so far. 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
Kundapura
District
Udupi
Pincode
576201
Address
152/1 , Ferry Road , Kundapura , Udupi, Karnataka - 576201
North boundary
172/8
East boundary
172/2
South boundary
173
West boundary
172/7
What’s nearby
Schools1 school within 500m · 7 educational institutions within 1km · College or university 231m away
HealthcareHospital 650m away · 1 clinic within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · ATM within 500m
Getting around
Expressway 1.4 kmPrimary road 2.6 km · Kundapura-Shimoga RoadRailway line 4.3 kmNo metro or railway within 5kmBus stop within 500m
Water & environment
River 1.2 kmWater body 1.7 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
As declared by the builder at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹10.21 Cr declared to build 21 flats. What that works out to:

₹48.62 Lakhdeclared cost per flatall-in — land + construction
₹3,291/sq ftof built-up area₹35,427/sq m
17%of the cost is land₹1,501/sq ft of 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

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.

05

Planning authority

RERA Karnataka · Approved building plan

Udupi Urban Development Authority

Urban Development Authority
approved 28 Dec 2023 · 2 yrs ago
Building Permit no. KDP-LBPS-10717/23-24BPSurvey no. 172/1
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.

Verify it yourself — look up plan KDP-LBPS-10717/23-24BP on the approving authority’s portal to confirm the approval.

The approving body, at scale

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects1.5% of Karnataka.

an apartments market87% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

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

Of the 7 projects the radar draws within 6 km — every kind, every stage — 2 are residential projects still under way. This list keeps only those, and looks further out.

3 projects within 10 km — showing the nearest 3.

1.0 km awayMixed Development

M D BRINDAVAN

MS M D DEVELOPERS · Kundapura

Feb 2022started
Dec 2029target completion
Declared cost₹49.39 CrScale99 flatsAuthorityRERA Karnataka
1.4 km awayApartment

RR LAKSHMI ORCHID

Shree Rajarajeshwari Constructions · Kundapura

May 2025started
Sep 2027target completion
Declared cost₹25.17 CrScale50 flatsAuthorityRERA Karnataka
7.3 km awayApartment

VENKATALAXMI TOWERS

VENKATA LAXMI BUILDERS PRIVATE LIMITED · Kundapura

Jul 2023started
Dec 2029target completion
Declared cost₹58.36 CrScale128 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.