Dakshina KannadaCommercial
Ashoka Business Center
Mukund MGM Realty
Jul 2024started
Dec 2026target completion
Declared cost₹66.08 CrScale65 flatsAuthorityRERA Karnataka
RADHA MARKET CITY
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- RADHA MARKET CITY
- Towers
- 1
- Land area
- 2,923 sq m
- Covered area
- 1,690 sq m
- Open area
- 1,233 sq m
- Garage area
- 532 sq m
Timeline
RERA registeredFeb 2017
Project startedJun 2017
Proposed completionJun 2018
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationMAHALASA INCORPORATION BUILDERS AND DEVELOPERS PROP LATAH J PAI
IndividualPromoter type
Dakshina Kannada, KarnatakaBased in
1Projects
1City
2017–2018Active
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
- Udupi
- District
- Dakshina Kannada
- Pincode
- 575014
- Address
- COMMRECIAL COMPLEX PADUBIDE KARKAL ROAD UDUPI, COMMRECIAL COMPLEX PADUBIDE KARKAL ROAD UDUPI
What’s nearby
SchoolsNo schools within 2km · College or university 689m away
HealthcareHospital 955m away · 1 clinic within 1km
LifestylePark 819m away · 3 restaurants and cafes within 1km
ShoppingSupermarket 1.5km away · Bank 594m away
Getting around
Expressway 1.1 kmPrimary road 662 mRailway line 540 m · Konkan RailwayRailway station 511m away (Surathkal)Bus stop within 1km
Water & environment
Water body 814 m
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹3.00 Cr declared. What that works out to:
27%of the cost is 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 departmentIn 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 planBuilding Permit
The promised possession date (22 Jun 2018) 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.
The approving body, at scale
Local Planning Authority
Town & Country PlanningHas approved 1,518 RERA projects — about 1 in 6 in Karnataka.
a mixed market — 42% 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km12 commercial projects still under way within 25 km. Step out ring by ring:
9 projects between 10 and 20 km — showing the nearest 6.
Dakshina KannadaCommercial
FOURWALLS AARAMBH
FOURWALLS BUILDERS & DEVELOPERS
May 2024started
Oct 2026target completion
Declared cost₹31.50 CrScale31 flatsAuthorityRERA Karnataka
MangaloreCommercial
SYNERGY
Land Trades Builders and Developers
Apr 2024started
Oct 2026target completion
Declared cost₹26.69 CrScale30 flatsAuthorityRERA Karnataka
MangaloreCommercial
Lotus Triangle
Lotus Properties
May 2024started
Sep 2026target completion
Declared cost₹6.66 CrScale22 flatsAuthorityRERA Karnataka
MangaloreCommercial
BHANDARY INIHA BUSINESS CENTRE
BHANDARY CITY WORLD PRIVATE LIMITED
Oct 2022started
Oct 2026target completion
Declared cost₹34.15 CrScale41 flatsAuthorityRERA Karnataka
MangaloreCommercial
CHARISMA JYOTHI
CHARISMA BUILDERS
Jan 2023started
Dec 2026target completion
Declared cost₹117.75 CrScale19 flatsAuthorityRERA Karnataka
Projects within 25 km, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.
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.