HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
2
Land area
4,839 sq m
FAR sanctioned
2
Covered area
1,804 sq m
Open area
3,035 sq m

Timeline

RERA registeredFeb 2020
Project startedMar 2021
Proposed completionDec 2031
TodayJul 2026
Construction progress

51% overall, as filed

Internal infra19%
External infra26%
Finishing46%
Common areas49%
Sub-structure50%
Super-structure50%
Amenities80%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.
02

Builder’s track record

RERA Karnataka · Promoter registration

Redbricks Dwellings and Infraprojects Pvt Ltd

Dakshina KannadaBased in
1Projects
1City
2020–presentActive
Timelineevery project, start → promised completion

The only project Horizon has read from this promoter 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
Mangalore
District
Dakshina Kannada
Pincode
575003
Address
NH 169 KULSHEKAR CHOWKI, KULSHEKAR MANGALORE
What’s nearby
Schools1 school within 1km
HealthcareNearest hospital 2.3km away
LifestyleNo parks within 2km · Gym or sports centre 1.2km away
ShoppingNo supermarket within 2km
Getting around
Expressway 87 m · Solapur-Mangalore HighwayPrimary road 2.9 kmRailway line 440 mRailway station 2.0km away (Padil)Limited bus connectivity nearby
Water & environment
Water body 2.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹33.47 Cr declared. What that works out to:

6%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

Local Planning Authority

Town & Country Planning (DTCP)
Building Permit
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.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% 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.

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.