HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
26,620 sq m
Covered area
16,789 sq m
Open area
9,831 sq m

Timeline

Project startedDec 2014
RERA registeredSep 2019
Proposed completionFeb 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

SASYA SEEDS LLP

Bengaluru RuralBased in
1Projects
1City
2019–2020Active
Timelineevery project, start → promised completion

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.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Mangalore
District
Bengaluru Urban
Address
Village No. 88, Derebail, Sy No.86/12, 86/11, 160/1, 160/2, 81/7, 87/5B, 81/9, 83/4B, 87/4P, 86/10, 86/1, 86/2, 86/13, 87/4P, 87/10P, 160/3, 160/4, 87/10A2, 87/10A1, Mangalore Taluk, Dakshina Kannada Dist
What’s nearby
Schools1 school within 1km · College or university 714m away
HealthcareNearest hospital 2.2km away
LifestyleNo parks within 2km · 3 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Bank 557m away
Getting around
Expressway 1.5 kmPrimary road 289 mRailway line 2.3 kmRailway station 4.7km away (Mangaluru Junction)Limited bus connectivity nearby
Water & environment
Water body 1.7 km · Kavoor Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.88 Cr declared. What that works out to:

₹170/sq ftof plotted area₹1,835/sq m
66%of the cost is land₹113/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

Mangaluru Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (28 Feb 2020) 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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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.

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.