HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
32 units
Unit mix
31 × Flats · 2 × Shops
Towers
1
Floors
4
Land area
885 sq m
Built-up area
2,505 sq m
FAR sanctioned
2
Covered area
413 sq m
Open area
472 sq m
Land parcels
1 survey no

Timeline

Project startedSep 2025
RERA registeredNov 2025
Proposed completionJul 2029
TodayJul 2026
Construction progress

10% overall, as filed

Super-structure0%
Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas0%
Sub-structure75%
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.

33 units across 2 batches
TypeArea sq mCount
Shops92
Flats5931

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

Padmanabh Realtors

Partnership FirmPromoter type
Uttara KannadaBased in
3Projects
2Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
32 homeson the public record across 3 projects
2,505 sq mbuilt-up filed
6,324 sq mland declared
₹24.63 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
Karwar
District
Uttara Kannada
Pincode
581306
Address
Sy. No. 514A/1K, , Karwar , Karwar , Uttara Kannada, Karnataka - 581306
North boundary
Adj. Hissa No 1B
East boundary
Adj. Hissa No 2
South boundary
Adj. Hissa No 1D
West boundary
ROAD
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.1km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · ATM within 500m
Getting around
Expressway 1.4 kmPrimary road 283 m · Kaiga RoadRailway line 4.5 kmRailway station 4.5km away (Karwar)Limited bus connectivity nearby
Water & environment
Water body 1.7 km
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionOne or more surveys not converted to non-agricultural
LitigationDeclared free of litigation
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

₹7.65 Cr declared to build 32 flats. What that works out to:

₹23.91 Lakhdeclared cost per flatall-in — land + construction
₹2,838/sq ftof built-up area₹30,544/sq m
5%of the cost is land₹395/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

Karwar Urban Development Authority

Urban Development Authority
approved 23 Mar 2025 · 1 yr ago
Building Permit no. KWR-LBPAS-11442/25-26/BPSurvey no. 514a
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 KWR-LBPAS-11442/25-26/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Karwar Urban Development Authority

Urban Development Authority

Has approved 48 RERA projects0.6% of Karnataka.

an apartments market88% apartments · 12% plotted layouts. Apartments like yours are this body's core business.

Builders
38
On record
647 flats · 127 plots
Reach
6 taluks
Since
2018

More apartment-heavy than Karnataka overall — 88% 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.