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PRASHADIPNA

PRM/KA/RERA/1257/334/PR/040626/008696 · RERA Karnataka · https://gethorizon.in/projects/prashadipna-mangalore-8whv2ktj

01

Complete project overview

RERA Karnataka · Registration filing
Units
13 units
Unit mix
9 × 2 BHK · 2 × SHOP · 2 × OTHERS-ROOMS
Towers
1
Floors
4
Land area
485 sq m
Built-up area
1,164 sq m
FAR sanctioned
2.1
Covered area
180 sq m
Open area
305 sq m
Land parcels
2 survey nos

Timeline

Project startedJan 2025
RERA registeredJun 2026
Proposed completionDec 2030
TodaySep 2026
Construction progress

40% overall, as filed

Finishing0%
Amenities0%
Common areas7%
External infra10%
Super-structure18%
Internal infra20%
Sub-structure82%
From the builder'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

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
1Ground FloorROOM14.866.141.76
2Ground FloorROOM16.724.931.84
3Ground Floor2 BHK63.6418.836.99
SHOP 1Ground FloorSHOP13.014.101.45
SHOP 2Ground FloorSHOP15.335.141.73
1011st Floor2 BHK102.6623.2210.73
1021st Floor2 BHK104.5222.4810.83
2012nd Floor2 BHK102.6623.2210.73
2022nd Floor2 BHK104.5222.4810.83
3013rd Floor2 BHK102.6623.2210.73
3023rd Floor2 BHK104.5222.4810.83
4014th Floor2 BHK102.6623.2210.73
4024th Floor2 BHK104.5222.4810.83

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

02

Builder’s track record

RERA Karnataka · Builder registration

PRASHANTH S.M

ProprietorshipPromoter type
Dakshina KannadaBased in
1Projects
1City
2026–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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
575014
Address
DETAILED PLAN SHOWING THE PROPOSED CONSTRCTION OF RESIDENTIAL / HOSTEL BUILDING AT , S.N 67/A1AP, 67/A1BP KATHA NO.23420497, 23414821 OF IDDYA VILLAGE MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575014
North boundary
12°59'16.96"N
East boundary
12°59'17.36"N
South boundary
74°47'40.66"E
West boundary
74°47'41.47"E
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 768m away · 2 clinics within 1km
LifestyleNo parks within 2km · 11+ restaurants and cafes within 1km
ShoppingSupermarket 1.2km away · Bank 691m away
Getting around
Expressway 650 mPrimary road 650 mRailway line 1.2 km · Konkan RailwayRailway station 1.2km away (Surathkal)Bus stop within 1km
Water & environment
Water body 1.3 kmCanal 1.5 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
As declared by the builder 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

₹3.99 Cr declared to build 13 flats. What that works out to:

₹30.69 Lakhdeclared cost per flatall-in — land + construction
₹3,185/sq ftof built-up area₹34,278/sq m
11%of the cost is land₹805/sq ft of land

This is what the builder 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

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

Local Planning Authority

Town & Country Planning (DTCP)
approved 17 Feb 2025 · 1 yr ago
Building Permit no. A4/BA18/2024-25(195840)Survey no. 67/a1a/p & 67/a1b/p
The occupancy certificate — the proof that isn’t here

An approved 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 approved plan carries penalty or demolition risk.

Verify it yourself — look up plan A4/BA18/2024-25(195840) on the approving authority’s portal to confirm the approval.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.

07

Other projects nearby

The register · within 25 km

167 residential projects still under way within 25 km. Step out ring by ring:

Of the 55 projects the radar draws within 6 km — every kind, every stage — 22 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

710 m awayMixed Development

City AAdhya

City Real Estate · Mangalore

Feb 2024started
Feb 2027target completion
Declared cost₹10.59 CrScale36 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.