HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
45,149 sq m
Covered area
24,698 sq m
Open area
20,450 sq m

Timeline

Project startedMar 2019
RERA registeredOct 2019
Proposed completionApr 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

pragathi developers

UdupiBased in
6Projects
5Cities
2019–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
558 homes · 90 plotson the public record across 6 projects
1,12,269 sq mbuilt-up filed
67,621 sq mplotted area
87,055 sq mland declared
₹5.56 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.

Planning authoritiesthis builder's portfolio, by approving body
Directorate of Town & Country Planning (DTCP)Town & Country Planning (DTCP)3 of 6 projects
Greater Hyderabad Municipal Corporation (GHMC)Municipal / Corporation1 of 6 projects
Hyderabad Metropolitan Development Authority (HMDA)Urban Development Authority1 of 6 projects
Udupi Urban Development AuthorityUrban Development Authoritythis project1 of 6 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

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
Udupi
District
Udupi
Pincode
576104
Address
77, shivalli village, indrali,udupi
What’s nearby
Schools1 school within 1km · College or university 591m away · Library 1.5km away
HealthcareHospital 527m away · 3 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 21+ restaurants and cafes within 1km
ShoppingSupermarket 531m away · Mall 379m away · Bank 383m away
Getting around
Expressway 7 m · Malpe - Manipal RoadPrimary road 294 mRailway line 1.9 km · Konkan RailwayRailway station 2.3km away (Udupi)Bus stop within 500m
Water & environment
Water body 482 m · Sri Madhva Sarovara
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.56 Cr declared. What that works out to:

₹114/sq ftof plotted area₹1,232/sq m
28%of the cost is land₹32/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

Udupi Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (1 Apr 2020) 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.

The approving body, at scale

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects1.5% of Karnataka.

an apartments market87% apartments · 13% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.