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Detailed Report

PRISM

PRM/KA/RERA/1257/334/PR/020323/005764 · RERA Karnataka · https://gethorizon.in/projects/prism-mangalore-uhq8bqse

01

Complete project overview

RERA Karnataka · Registration filing
Units
39 units
Unit mix
39 × SHOP
Towers
1
Floors
4
Land area
799 sq m
Built-up area
2,287 sq m
FAR sanctioned
2.9
Covered area
367 sq m
Open area
432 sq m
Land parcels
2 survey nos

Timeline

Project startedFeb 2020
RERA registeredMar 2023
Proposed completionOct 2023
TodaySep 2026

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 mUndivided share sq m
G1Ground FloorSHOP16712.31
G2Ground FloorSHOP1319.53
1011st FloorSHOP32923.65
2012nd FloorSHOP110.86
2022nd FloorSHOP131.05
2032nd FloorSHOP161.24
2042nd FloorSHOP191.43
2052nd FloorSHOP211.62
2062nd FloorSHOP241.81
2072nd FloorSHOP282.14
2082nd FloorSHOP292.31
2092nd FloorSHOP191.45
2102nd FloorSHOP191.45
2112nd FloorSHOP191.45
2122nd FloorSHOP171.36
3013rd FloorSHOP110.86
3023rd FloorSHOP131.05
3033rd FloorSHOP161.24
3043rd FloorSHOP191.43
3053rd FloorSHOP211.62
3063rd FloorSHOP241.81
3073rd FloorSHOP282.14
3083rd FloorSHOP292.31
3093rd FloorSHOP191.45
3103rd FloorSHOP191.45
3113rd FloorSHOP191.45
3123rd FloorSHOP171.36
4014th FloorSHOP110.86
4024th FloorSHOP131.05
4034th FloorSHOP161.24
4044th FloorSHOP191.43
4054th FloorSHOP211.62
4064th FloorSHOP241.81
4074th FloorSHOP282.14
4084th FloorSHOP292.31
4094th FloorSHOP191.45
4104th FloorSHOP191.45
4114th FloorSHOP191.45
4124th FloorSHOP171.36

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. 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.

All 39 units as filed, two to a row · areas in sq m
UnitTypeCarpetUndivided shareUnitTypeCarpetUndivided share
G1Ground FloorSHOP16712.31G2Ground FloorSHOP1319.53
1011st FloorSHOP32923.652012nd FloorSHOP110.86
2022nd FloorSHOP131.052032nd FloorSHOP161.24
2042nd FloorSHOP191.432052nd FloorSHOP211.62
2062nd FloorSHOP241.812072nd FloorSHOP282.14
2082nd FloorSHOP292.312092nd FloorSHOP191.45
2102nd FloorSHOP191.452112nd FloorSHOP191.45
2122nd FloorSHOP171.363013rd FloorSHOP110.86
3023rd FloorSHOP131.053033rd FloorSHOP161.24
3043rd FloorSHOP191.433053rd FloorSHOP211.62
3063rd FloorSHOP241.813073rd FloorSHOP282.14
3083rd FloorSHOP292.313093rd FloorSHOP191.45
3103rd FloorSHOP191.453113rd FloorSHOP191.45
3123rd FloorSHOP171.364014th FloorSHOP110.86
4024th FloorSHOP131.054034th FloorSHOP161.24
4044th FloorSHOP191.434054th FloorSHOP211.62
4064th FloorSHOP241.814074th FloorSHOP282.14
4084th FloorSHOP292.314094th FloorSHOP191.45
4104th FloorSHOP191.454114th FloorSHOP191.45
4124th FloorSHOP171.36
02

Builder’s track record

RERA Karnataka · Builder registration

CITADEL DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased in
9Projects
3Cities
2018–presentActive
Timelineevery project, start → promised completion
AURUMMAGNUMAMETHYSTAMORASUKRITHIPARADISEPRISMCITADEL DEVELOPERSHILLSIDE

PRISM

this project
Commercial
Feb 2020started
Oct 2023target completion
39 flats2,287 sq m₹8.77 Cr
Builder DNAthe whole portfolio, summed
39 homes · 176 plotson the public record across 9 projects
2,287 sq mbuilt-up filed
33,251 sq mplotted area
46,117 sq mland declared
₹142.65 Crdeclared build cost

Build cost is what the builder 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
Mangaluru Urban Development AuthorityUrban Development Authoritythis project6 of 9 projects
Local Planning AuthorityTown & Country Planning (DTCP)2 of 9 projects
Directorate of Town & Country Planning (DTCP)Town & Country Planning (DTCP)1 of 9 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 builder, 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.

More from CITADEL DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 34 new projects last year
  • 425 nearby projects
1 km radius · coordinates as filed · 12.8781, 74.8403 · © OpenStreetMap contributors
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575003
Address
PROPOSED CONSTRUCTION OF COMMERCIAL BUILDING IN , S.N 189/A1, 190/2 OF KODIALBAIL VILLAGE MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575003
North boundary
SUB DIVISION LINE
East boundary
REMAINING PORTION OF THE SAME S.N
South boundary
PUBLIC ROAD
West boundary
SURVEY LINE
What’s nearby
Schools4 schools within 500m · 10 educational institutions within 1km · College or university 367m away
HealthcareHospital 480m away · 3 clinics within 1km · Pharmacy within 1km
LifestyleNo parks within 2km · Gym or sports centre 237m away · 23+ restaurants and cafes within 1km
ShoppingSupermarket 169m away · Mall 1.7km away · Convenience store within 500m
Getting around
Expressway 1.9 kmPrimary road 110 m · Mahatma Gandhi RoadRailway line 1.5 kmRailway station 1.7km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 263 mWater body 813 m
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
MortgageNone declared on the project / land
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

₹8.77 Cr declared to build 39 flats. What that works out to:

₹22.49 Lakhdeclared cost per flatall-in — land + construction
₹3,563/sq ftof built-up area₹38,349/sq m
15%of the cost is land₹1,572/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

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

Open ground within ~20 m of the recorded location until 2016; a building is first visible in 2017 and is about 9 m tall by 2023.

Satellite view, year by year

loading 2023…

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.

Satellite photographs of the same ground

Jan 2017
Jan 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • A building is first visible in 2017.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

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.

06

Planning authority

RERA Karnataka · Approved building plan

Mangaluru Urban Development Authority

Urban Development Authority
approved 13 Jan 2020 · 6 yrs ago
Building Permit no. E4/BA-04/2019-20Survey no. 356

The promised possession date (31 Oct 2023) 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

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 E4/BA-04/2019-20 on the approving authority’s portal to confirm the approval.

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.

See every project approved by RERA Karnataka→

08

Other projects nearby

The register · within 25 km

9 commercial projects still under way within 25 km. Step out ring by ring:

Of the 425 projects the radar draws within 6 km — every kind, every stage — 8 are commercial projects still under way. This list keeps only those, and looks further out.

2 projects within 1 km — showing the nearest 2.

580 m awayCommercial

Lotus Triangle

Lotus Properties · Mangalore

May 2024started
Sep 2026target completion
Declared cost₹6.66 CrScale22 flatsAuthorityRERA Karnataka
Open the read
790 m awayCommercial

BHANDARY INIHA BUSINESS CENTRE

BHANDARY CITY WORLD PRIVATE LIMITED · Mangalore

Oct 2022started
Oct 2026target completion
Declared cost₹34.15 CrScale41 flatsAuthorityRERA Karnataka
Open the read

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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: as filed with RERA Karnataka.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  6. 06Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/prism-mangalore-uhq8bqse.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.