HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Towers
1
Land area
1,252 sq m
FAR sanctioned
2.06
Covered area
618 sq m
Open area
634 sq m

Timeline

Project startedJul 2018
RERA registeredSep 2018
Proposed completionDec 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

PREMIER LIFESTYLES

Uttara KannadaBased in
1Projects
1City
2018–2020Active
Timelineevery project, start → promised completion
PREMIER ARCADE

PREMIER ARCADE

this project
Mixed Development
Jul 2018started
Dec 2020target completion
₹4.47 Cr

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
Karwar
District
Dharwad
Pincode
580031
Address
Sy. No. 649/1 & 649/5+6, Chittakula, Karwar
What’s nearby
Schools1 school within 500m · 7 educational institutions within 1km · College or university 346m away
HealthcareHospital 476m away · 1 clinic within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · 11+ restaurants and cafes within 1km
ShoppingSupermarket 1.6km away · Bank 133m away · ATM within 500m
Getting around
Expressway 2.4 km · Karwar RoadPrimary road 628 m · Pune Bangalore RoadRailway line 1.2 kmRailway station 1.5km away (Unkal)Bus stop within 1km
Water & environment
Water body 1.6 km · Tolanakere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.47 Cr declared. What that works out to:

7%of the cost is 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
Building Permit

The promised possession date (31 Dec 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

Karwar Urban Development Authority

Urban Development Authority

Has approved 48 RERA projects — 0.6% of Karnataka.

an apartments market — 88% 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.