HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
104 units
Unit mix
104 × FLATS/SHOPS/OFFICES/HOTEL
Towers
2
Floors
29
Land area
13,474 sq m
Built-up area
82,704 sq m
FAR sanctioned
3.509
Covered area
6,551 sq m
Open area
6,923 sq m
Land parcels
1 survey no

Timeline

Project startedMar 2023
RERA registeredMar 2023
Proposed completionDec 2030
TodayJul 2026
Construction progress

28% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas6%
Super-structure7%
Sub-structure46%
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.

104 units across 1 batch
TypeArea sq mCount
FLATS/SHOPS/OFFICES/HOTEL347104

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

Northernsky Properties Private Limited

CompanyPromoter type
Dakshina KannadaBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
Oldfields by Northernsky

Oldfields by Northernsky

this project
Mixed Development
Mar 2023started
Dec 2030target completion
104 flats82,704 sq m₹351.80 Cr

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
Dakshina Kannada
Pincode
575003
Address
T.S.No. 218-6A, 218-1A, 218-6AP1, 218-6AP2, 218-6AP3, 218-6AP4 and R.S.No. 385-6A and 385-1A, totally admeasuring 3 Acre 13.39 Cents , , Kodial bail, Ballalbagh Mangalore , Mangalore , Dakshina Kannada, Karnataka - 575003
North boundary
99.67 Mtrs
East boundary
141.01 Mtrs
South boundary
92.18 Mtrs
West boundary
139.01 Mtrs
What’s nearby
Schools3 schools within 500m · 9 educational institutions within 1km · College or university 96m away
HealthcareHospital 512m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 453m away · 19+ restaurants and cafes within 1km
ShoppingSupermarket 166m away · Mall 1.5km away · Convenience store within 1km
Getting around
Expressway 1.6 kmPrimary road 78 m · Mahatma Gandhi RoadRailway line 1.8 kmRailway station 2.0km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 67 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹351.80 Cr declared to build 104 flats. What that works out to:

₹3.38 Crdeclared cost per flatall-in — land + construction
₹3,952/sq ftof built-up area₹42,537/sq m
41%of the cost is land₹9,998/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 18 Aug 2013 · 12 yrs ago
Building Permit no. E4:BA 124:2012-2013, KNPA: 943:2012-2013Survey no. t s no 218-1a, 218-6ap2 of 89 a kodialbail village
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:BA 124:2012-2013, KNPA: 943:2012-2013 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 projects — about 1 in 20 in Karnataka.

an apartments market — 96% 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.