HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Plots
19 plots
Land parcels
5 survey nos

Timeline

Project startedJan 2023
RERA registeredMar 2023
Proposed completionJan 2025
TodayJul 2026

Find your plot

Every plot the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeTotal sq m
1Plot283.88
2Plot267.43
3Plot302.21
4Plot184.10
5Plot171.20
6Plot202.44
7Plot202.44
8Plot202.44
9Plot202.44
10Plot202.44
11Plot202.44
12Plot305.01
13Plot244.21
14Plot221.92
15Plot221.32
16Plot220.74
17Plot220.10
18Plot219.54
19Plot218.88

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion.

02

Builder’s track record

RERA Karnataka · Promoter registration

KARTHIK SHETTY

Proprietorship FirmPromoter type
UdupiBased in
2Projects
1City
2018–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
19 plotson the public record across 2 projects
830 sq mland declared
₹3.06 Crdeclared build cost

Build cost is what the promoter 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.

Every project Horizon has read from this promoter, 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.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Udupi
District
Udupi
Pincode
576115
Address
PROPOSED RESIDENTIAL DRAFT LAYOUT IN AN EXTENTS OF 1.93.00 ACRES IN , S.N. 138/2A1, 138/2A2, 138/2A3, 138/2A4,138/6 ALEVOORU VILLAGE, UDUPI TALUK & DISTRICT , Udupi , Udupi, Karnataka - 576115
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 3.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 760m away
Getting around
Expressway 3.7 kmPrimary road 256 mRailway line 1.9 km · Konkan RailwayRailway station 2.8km away (Udupi)Limited bus connectivity nearby
Water & environment
River 1.4 km · Patla ToduWater body 1.7 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
As declared by the promoter 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

₹2.23 Cr declared to build 19 plots. What that works out to:

₹11.74 Lakhdeclared cost per plotall-in — land + construction
74%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

Udupi Urban Development Authority

Urban Development Authority
approved 27 Jan 2023 · 3 yrs ago
Layout Permit no. 898/2022-23Survey no. 138/2a1

The promised possession date (27 Jan 2025) 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.

Verify it yourself — look up plan 898/2022-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects1.5% of Karnataka.

an apartments market87% apartments · 13% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.