HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
128 units
Unit mix
68 × 3BHK · 57 × 2BHK · 3 × 4BHK
Towers
1
Floors
15
Land area
3,549 sq m
Built-up area
21,969 sq m
FAR sanctioned
4.24
Covered area
1,300 sq m
Open area
2,249 sq m
Land parcels
5 survey nos

Timeline

Project startedJan 2026
RERA registeredJan 2026
Proposed completionJun 2029
TodayJul 2026
Construction progress

20% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas1%
Super-structure3%
Sub-structure78%
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.

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

128 units across 3 batches
TypeArea sq mCount
4BHK1833
3BHK11068
2BHK7557

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

Mukund MGM Realty

Partnership FirmPromoter type
Dakshina KannadaBased in
4Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
303 homeson the public record across 4 projects
53,535 sq mbuilt-up filed
10,288 sq mland declared
₹215.37 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
Dakshina Kannada
District
Dakshina Kannada
Pincode
575006
Address
REVISED PLAN SHOWING PROPOSED CONSTRUCTION OF OF RESIDENTIAL BUILDING WITH NEIGHBOURHOOD SHOP ON LAND , S.N. 36/7A & 36/7B AT DEREBAIL VILLAGE MANAGLORE , Dakshina Kannada , Dakshina Kannada, Karnataka - 575006
North boundary
12.9049091,74.838310
East boundary
12.904710,74.838366
South boundary
12.904480,74.837661
West boundary
12.904744,74.837470
What’s nearby
Schools1 school within 500m · College or university 1.1km away · Library 2.0km away
HealthcareHospital 114m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · 8 restaurants and cafes within 1km
ShoppingSupermarket 1.4km away · Mall 1.9km away · Bank 286m away
Getting around
Expressway 265 mPrimary road 217 m · Kuloor Ferry RoadRailway line 4.0 kmRailway station 4.6km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 2.0 km · GurupuraWater body 2.1 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹90.80 Cr declared to build 128 flats. What that works out to:

₹70.94 Lakhdeclared cost per flatall-in — land + construction
₹3,840/sq ftof built-up area₹41,333/sq m
15%of the cost is land₹3,506/sq ft of 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)
approved 24 Jun 2025 · 1 yr ago
Building Permit no. F14/BA04/2025-26(208957)Survey no. 36/7(p)
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 F14/BA04/2025-26(208957) on the approving authority’s portal to confirm the sanction.

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.