HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
11 units
Unit mix
5 × 2 BHK · 3 × 3 BHK · 3 × 2.5 BHK
Towers
1
Floors
3
Land area
414 sq m
Built-up area
1,128 sq m
FAR sanctioned
716
Covered area
225 sq m
Open area
189 sq m
Land parcels
1 survey no

Timeline

Project startedFeb 2021
RERA registeredApr 2024
Proposed completionDec 2025
TodayJul 2026
Construction progress

100% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
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.

11 units across 3 batches
TypeArea sq mCount
2 BHK645
3 BHK693
2.5 BHK673

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

K M NITHISH KUMAR

Other ( DEVELOPER )Promoter type
ShivamoggaBased in
1Projects
1City
2024–2025Active
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
Shivamogga
District
Shivamogga
Pincode
577202
Address
SITE NO.,280 M K NO., 9358/263 WARD 01 , ASHWATH NAGAR , Shivamogga , Shivamogga, Karnataka - 577202
North boundary
ASHWATH NAGARA 6TH CROSS
East boundary
ASHWATH NAGARA 7TH CROSS
South boundary
M R SATHYANARAYAN PROPERTY
West boundary
ASHWATH NAGARA 8 TH CROSS
What’s nearby
Schools2 schools within 1km · College or university 1.8km away
HealthcareHospital 708m away · 6 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 574m away
Getting around
Expressway 2.2 kmPrimary road 588 m · Savalanga RoadRailway line 517 mRailway station 1.8km away (Shimoga Town)Bus stop within 1km
Water & environment
Canal 407 mWater body 826 m · Navule Lake
distances only — not a flood assessment
Land, title & encumbrance
LandOwned + joint development (JDA)
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

₹6.25 Cr declared to build 11 flats. What that works out to:

₹56.81 Lakhdeclared cost per flatall-in — land + construction
₹5,147/sq ftof built-up area₹55,402/sq m
10%of the cost is land₹1,412/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

Shivamogga Urban Development Authority

Urban Development Authority
approved 9 Feb 2021 · 5 yrs ago
Building Permit no. CR138/2020-21/422Survey no. 10 (pid no.,47892)

The promised possession date (31 Dec 2025) 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.

Verify it yourself — look up plan CR138/2020-21/422 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects1.3% of Karnataka.

a plotted-layout market21% apartments · 79% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018

More layout-heavy than Karnataka overall — 79% 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.

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.