HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Plots
25 plots
Land parcels
2 survey nos

Timeline

Project startedOct 2020
RERA registeredApr 2022
Proposed completionJun 2022
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
1Plot212.70
2Plot331.03
3Plot371.25
4Plot244
5Plot244
6Plot244
7Plot225.38
8Plot128.41
9Plot137.71
10Plot134.28
11Plot130.85
12Plot124.28
13Plot118.34
14Plot111.63
15Plot111.63
16Plot111.63
17Plot105.53
18Plot221.19
19Plot201.29
20Plot178.29
21Plot233.56
22Plot155.20
23Plot261.38
24Plot133.08
25Plot151.47

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

Rashi Infra

Partnership FirmPromoter type
ShivamoggaBased in
11Projects
4Cities
2019–2026Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
70 homes · 420 plotson the public record across 11 projects
9,607 sq mbuilt-up filed
27,114 sq mplotted area
30,440 sq mland declared
₹90.20 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.

Planning authoritiesthis builder's portfolio, by approving body
Shivamogga Urban Development AuthorityUrban Development Authoritythis project9 of 11 projects
Commissioner, APCRDAMunicipal / Corporation1 of 11 projects
Greater Hyderabad Municipal Corporation (GHMC)Municipal / Corporation1 of 11 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 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
Shivamogga
District
Shivamogga
Pincode
577201
Address
Sy No 35/1 and 36/1A/A1 in Islapura village, Nidhige-1 Hobli , Shivamogga Taluk , Shivamogga , Shivamogga, Karnataka - 577201
What’s nearby
SchoolsNearest school 2.0km away · College or university 1.9km away
HealthcareHospital 1.7km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 413m away
Getting around
Expressway 1.6 kmPrimary road 269 m · Shimoga - Chitradurga HighwayRailway line 1.1 kmRailway station 902m away (Shivamogga - SME)Limited bus connectivity nearby
Water & environment
River 1.2 km · TungaWater body 1.4 kmCanal 2.1 km
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
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

₹4.98 Cr declared to build 25 plots. What that works out to:

₹19.90 Lakhdeclared cost per plotall-in — land + construction
89%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

Shivamogga Urban Development Authority

Urban Development Authority
approved 29 Jan 2022 · 4 yrs ago
Layout Permit no. NO-SHI-NA-PRA/YO/NOC-79/T.V.Nakshe/2018-19/336Survey no. 35/1

The promised possession date (15 Jun 2022) 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 NO-SHI-NA-PRA/YO/NOC-79/T.V.Nakshe/2018-19/336 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects1.3% of Karnataka.

a plotted-layout market21% apartments · 79% plotted layouts. Your plotted layout is this body's core business.

Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018

More layout-heavy than Karnataka overall — 79% 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.

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.