HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
874 sq m
FAR sanctioned
1.748
Covered area
541 sq m
Open area
333 sq m

Timeline

Project startedJul 2021
RERA registeredSep 2021
Proposed completionJun 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

H V Nagesh

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2021–2023Active
Timelineevery project, start → promised completion
Raaga -1

Raaga -1

this project
Residential/Group Housing
Jul 2021started
Jun 2023target completion
₹7.50 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
MYSORE
District
Mysore
Pincode
570016
Address
Site No 45,46 & 47,, Sy No 272/1 & 268/1 , Bogadhi village, Kasaba Hobli , Mysuru
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.1km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 211 mPrimary road 3.3 km · Bannur RoadRailway line 4.8 km · Mysuru–Bengaluru lineNo metro or railway within 5kmBus stop within 500m
Water & environment
Canal 759 mWater body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.50 Cr declared. What that works out to:

47%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

Gadag-Betageri Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (30 Jun 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

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

GADAG

Urban Development Authority · Betageri Urban Development Authority

Has approved 10 RERA projects — 0.1% of Karnataka.

a mixed market — 60% apartments · 40% plotted layouts.

Builders
10
On record
646 flats · 715 plots
Reach
6 taluks
Since
2017

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.