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Raktheshwari Layout

PRM/KA/RERA/1255/325/PR/201001/003612 · RERA Karnataka · https://gethorizon.in/projects/raktheshwari-layout-sringeri-5f0tqx2e

01

Complete project overview

RERA Karnataka · Registration filing
Land area
1,897 sq m
Covered area
1,042 sq m
Open area
854 sq m
Garage area
1,042 sq m

Timeline

Project startedJan 2019
Proposed completionDec 2019
RERA registeredOct 2020
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

Jagannatha Shetty

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–presentActive
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
Sringeri
District
Chikkamagaluru
Pincode
577139
Address
Sachidanandapura, Sringeri Village, Kasaba Hobali, Sringeri Taluk.
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 614m away
LifestyleNo parks within 2km
ShoppingSupermarket 764m away · Bank 243m away
Getting around
Expressway 306 mPrimary road 418 mNo metro or railway within 5km3 bus stops within 500m
Water & environment
River 302 m · TungaWater body 361 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹72.15 Lakh declared. What that works out to:

72%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 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.

05

Planning authority

RERA Karnataka · Approved building plan

Chikkamagaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (4 Dec 2019) 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

Chikkamagaluru Urban Development Authority

Urban Development Authority

Has approved 16 RERA projects0.2% of Karnataka.

a mixed market38% apartments · 62% plotted layouts.

Builders
16
On record
20 flats · 1,229 plots
Reach
4 taluks
Since
2018

More layout-heavy than Karnataka overall — 62% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

2 residential projects still under way within 25 km. Step out ring by ring:

Of the 5 projects the radar draws within 6 km — every kind, every stage — 2 are residential projects still under way. This list keeps only those, and looks further out.

1 project within 1 km — showing the nearest 1.

10 m awayApartment

SUDHARMA APARTMENTS

NATESH H.S & K.M CHANDRAMOHAN · Sringeri

Mar 2024started
Dec 2029target completion
Declared cost₹11.32 CrScale40 flatsAuthorityRERA Karnataka

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.