HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
133 units
Unit mix
70 × 3 BHK · 48 × 2 BKH · 15 × Store Room
Towers
1
Floors
25
Land area
6,061 sq m
Built-up area
31,523 sq m
FAR sanctioned
3.275
Covered area
836 sq m
Open area
5,225 sq m

Timeline

Project startedJan 2023
RERA registeredFeb 2023
Proposed completionDec 2028
TodayJul 2026
Construction progress

68% overall, as filed

Internal infra0%
External infra0%
Finishing40%
Amenities60%
Super-structure68%
Common areas80%
Sub-structure100%
From the promoter'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

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

133 units across 3 batches
TypeArea sq mCount
2 BKH8448
3 BHK12570
Store Room9515

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

Northern Sky Properties Private Limited

CompanyPromoter type
Dakshina KannadaBased in
2Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
148 homeson the public record across 2 projects
35,036 sq mbuilt-up filed
6,762 sq mland declared
₹107.12 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
Mangalore
District
Dakshina Kannada
Pincode
575003
Address
NORTHERNSKY EXCELSA, AT SY. NO. No:60/5B1P2, 60/5B1,60//5A1A(P) (As Per RTC 60/5A1P5),60/5A1A1P)(As per RTC 60/5A1AP4-P1),60/5A1A1(P) As per RTC 60/5A , 60/5A1A1(P) As per Rtc 60/5A1AP7, 60/5A1A1(P) (As per RTC 60/5A1Ap9) of Padau Village No. 79, MANGALURU TALUK, DAKSHINA KANNADA DISTRICT, MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575003
North boundary
129.82
East boundary
27.88
South boundary
171.92
West boundary
52.48
What’s nearby
SchoolsNearest school 1.1km away · College or university 949m away
HealthcareHospital 773m away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 1.9km away · 5 restaurants and cafes within 1km
ShoppingSupermarket 465m away · Convenience store within 1km · Bank 153m away
Getting around
Expressway 87 mPrimary road 166 mRailway line 2.4 kmRailway station 2.7km away (Mangaluru Junction)2 bus stops within 500m
Water & environment
Water body 425 m
distances only — not a flood assessment
Land, title & encumbrance
MortgageNone declared on the project / land
As declared by the promoter 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

₹91.34 Cr declared to build 133 flats. What that works out to:

₹68.67 Lakhdeclared cost per flatall-in — land + construction
₹2,692/sq ftof built-up area₹28,975/sq m
4%of the cost is land₹608/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
approved 26 Jan 2023 · 3 yrs ago
Building Permit no. E4/BA12/2022-23 (134664) KNPA 23/2022-23
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.

Verify it yourself — look up plan E4/BA12/2022-23 (134664) KNPA 23/2022-23 on the approving authority’s portal to confirm the sanction.

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. Apartments like yours are this body's core business.

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.