HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
15,031 sq m
FAR sanctioned
1.013
Covered area
1,528 sq m
Open area
13,503 sq m
Garage area
538 sq m

Timeline

Project startedSep 2015
Proposed completionJul 2022
RERA registeredOct 2026
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

PRESIDENCY BUILDERS & DEVELOPERS

Dakshina KannadaBased in
1Projects
1City
2026–presentActive
Timelineevery project, start → promised completion
PRESIDENCY LIFE STYLE

PRESIDENCY LIFE STYLE

this project
Residential/Group Housing
Sep 2015started
Jul 2022target completion
₹57.05 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
Mangalore
District
Dakshina Kannada
Pincode
575002
Address
JEPPINAMOGERU VILLAGE, N.H.66, MANGALORE TQ. D.K.
What’s nearby
Schools1 school within 1km · College or university 598m away
HealthcareHospital 460m away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Convenience store within 500m · Bank 604m away
Getting around
Expressway 96 m · Kasaragodu RoadPrimary road 710 mRailway line 637 mRailway station 1.4km away (Mangaluru Junction)Bus stop within 1km
Price analysisdeclared build cost — not a sale price

₹57.05 Cr declared. What that works out to:

8%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

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Jul 2022) 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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projects — about 1 in 20 in Karnataka.

an apartments market — 96% 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

2 complaints on RERA Karnataka’s register for this project — 2 disposed.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.