HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
9 units
Unit mix
8 × 4 BHK · 1 × 4 BHK
Towers
1
Floors
9
Land area
768 sq m
Built-up area
3,564 sq m
FAR sanctioned
2.819
Covered area
234 sq m
Open area
534 sq m
Garage area
703 sq m
Land parcels
1 survey no

Timeline

Project startedDec 2024
RERA registeredApr 2025
Proposed completionNov 2029
TodayJul 2026
Construction progress

12% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Super-structure2%
Common areas5%
Sub-structure82%
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.

9 units across 2 batches
TypeArea sq mCount
4 BHK218
4 BHK1661

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

Nidhi Land Infrastructure Developers India (P) Ltd.,

CompanyPromoter type
Dakshina KannadaBased in
3Projects
1City
2024–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
156 homeson the public record across 3 projects
17,983 sq mbuilt-up filed
4,409 sq mland declared
₹54.25 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
575002
Address
Shivabagh, , Kadri Village , Mangalore , Dakshina Kannada, Karnataka - 575002
North boundary
Survey No. 114
East boundary
Road
South boundary
Survey No. 112/2B2
West boundary
Survey No. 112/1A1
What’s nearby
Schools1 school within 1km · College or university 291m away · Library 1.8km away
HealthcareHospital 927m away · 3 clinics within 1km
LifestyleNo parks within 2km · 9 restaurants and cafes within 1km
ShoppingSupermarket 1.1km away · Convenience store within 500m · Bank 401m away
Getting around
Expressway 409 mPrimary road 433 m · Balmatta RoadRailway line 1.9 kmRailway station 2.2km away (Mangaluru Junction)Limited bus connectivity nearby
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted 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

₹16.96 Cr declared to build 9 flats. What that works out to:

₹1.88 Crdeclared cost per flatall-in — land + construction
₹4,420/sq ftof built-up area₹47,574/sq m
25%of the cost is land₹5,190/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 Feb 2025 · 1 yr ago
Building Permit no. E4/BA/85/2022-23 (157528) KANIPAA 498/2022-23Survey no. 112/3
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/85/2022-23 (157528) KANIPAA 498/2022-23 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.