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RATHNA

PRM/KA/RERA/1257/334/PR/171031/001404 · RERA Karnataka · https://gethorizon.in/projects/rathna-mangalore-bsg3vks6

01

Complete project overview

RERA Karnataka · Registration filing
Towers
1
Land area
931 sq m
FAR sanctioned
2.15
Covered area
544 sq m
Open area
387 sq m
Garage area
360 sq m

Timeline

Project startedAug 2016
RERA registeredOct 2017
Proposed completionNov 2018
TodaySep 2026

Find your flat

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

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
1011st Floor2BHK49.439.852.63
1021st Floor2BHK73.7814.883.91
1031st Floor2BHK71.2714.133.76
1041st Floor2BHK85.0316.744.45
1051st Floor2BHK86.3317.204.53
1061st Floor3BHK106.2221.395.72
2012nd Floor2BHK49.439.852.63
2022nd Floor2BHK73.7814.883.91
2032nd Floor2BHK71.2714.133.76
2042nd Floor2BHK85.0316.744.45
2052nd Floor2BHK86.3317.204.53
2062nd Floor3BHK106.2221.395.72
3013rd Floor2BHK49.439.852.63
3023rd Floor2BHK73.7814.883.91
3033rd Floor2BHK71.2714.133.76
3043rd Floor2BHK85.0316.744.45
3053rd Floor2BHK86.3317.204.53
3063rd Floor3BHK106.2221.395.72
4014th Floor2BHK49.439.852.63
4024th Floor2BHK73.7814.883.91
4034th Floor2BHK71.2714.133.76
4044th Floor2BHK85.0316.744.45
4054th Floor2BHK86.3317.204.53
4064th Floor3BHK106.2221.395.72

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

02

Builder’s track record

RERA Karnataka · Builder registration

ASHA INFRA DEVELOPERS

Dakshina KannadaBased in
3Projects
2Cities
2017–2022Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
3 projectson the public record across 3 projects
3,033 sq mland declared
₹20.28 Crdeclared build cost

Build cost is what the builder 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 builder, 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.

More from ASHA INFRA DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575002
Address
HOIGEBAIL, ASHOKNAGAR POST
What’s nearby
SchoolsNearest school 1.2km away · College or university 578m away · Library 1.4km away
HealthcareHospital 561m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.2km away · Mall 772m away · Bank 656m away
Getting around
Expressway 2.0 kmPrimary road 1.2 km · Kuloor Ferry RoadRailway line 3.8 kmRailway station 3.9km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 308 m · GurupuraWater body 920 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹5.05 Cr declared. What that works out to:

25%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

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (30 Nov 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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

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

10 projects within 1 km — showing the nearest 6.

Dakshina KannadaApartment

TALAPADY RESIDENCY

SAM HOUSING VENTURES

Apr 2024started
Jun 2026target completion
Declared cost₹5.37 CrScale18 flatsAuthorityRERA Karnataka
MangaloreApartment

ADITHRI SUMANGAL

ADITHRI INFRA

Oct 2024started
Dec 2028target completion
Declared cost₹2.52 CrScale10 flatsAuthorityRERA Karnataka
Dakshina KannadaApartment

LOTUS GOWRISHANKAR

PRANAVA BUILDERS AND DEVELOPERS

Jun 2026started
Dec 2029target completion
Declared cost₹31.16 CrScale42 flatsAuthorityRERA Karnataka
MangaloreMixed Development

LOTUS SUDHA

LOTUS PROPERTIES

Dec 2023started
May 2026target completion
Declared cost₹8.69 CrScale30 flatsAuthorityRERA Karnataka
MangaloreMixed Development

ATHARVA PADMA KUSHA

ATHARVA BUILDERS AND DEVELOPERS

Dec 2023started
Jun 2026target completion
Declared cost₹5.00 CrScale35 flatsAuthorityRERA Karnataka
Dakshina KannadaMixed Development

LOTUS ATHARVA

Lotus Properties

Feb 2025started
Sep 2028target completion
Declared cost₹28.18 CrScale92 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.