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Detailed Report

NIRVANA NAGAR

PRM/KA/RERA/1268/378/PR/171215/001391 · RERA Karnataka · https://gethorizon.in/projects/nirvana-nagar-mysore-hhch71z0

01

Complete project overview

RERA Karnataka · Registration filing
Land area
14,406 sq m
Open area
14,406 sq m

Timeline

Project startedDec 2016
RERA registeredDec 2017
Proposed completionDec 2019
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

Shashi Kumar T N

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2017–2019Active
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
≈ area only · geocoded, verified but not exact · 12.2045, 76.5539 · © OpenStreetMap contributors
Taluk
MYSORE
District
Mysore
Address
NIRVANA NAGAR Thallur Village , Jayapura kadokala main road
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 162 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 736 mCanal 2.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.07 Cr declared. What that works out to:

₹198/sq ftof plotted area₹2,131/sq m
19%of the cost is land₹37/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

Local Planning Authority

Town & Country Planning (DTCP)
Layout Permit

The promised possession date (31 Dec 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

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.

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.

07

Other projects nearby

The register · within 25 km

143 plotted projects still under way within 25 km. Step out ring by ring:

1 project within 1 km — showing the nearest 1.

MYSOREPlotted Development

BHIMA SINDHOOR

BHIMA SINDHOOR

Jan 2023started
Mar 2026target completion
Declared cost₹10.20 CrScale220 plotsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the general area only, not the exact site.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  5. 05Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  6. 06Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  7. 07Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/nirvana-nagar-mysore-hhch71z0.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.