HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
17 units
Unit mix
12 × 2 BHK · 4 × 1 BHK · 1 × COMMERCIAL
Towers
1
Floors
4
Land area
647 sq m
Built-up area
2,100 sq m
FAR sanctioned
2.247
Covered area
330 sq m
Open area
317 sq m
Land parcels
1 survey no

Timeline

Project startedSep 2023
RERA registeredOct 2023
Proposed completionDec 2025
TodayJul 2026
Construction progress

100% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
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.

17 units across 3 batches
TypeArea sq mCount
COMMERCIAL731
1 BHK484
2 BHK8112

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

SHREE BALEENDRA BUILDERS AND DEVELOPERS

ProprietorshipPromoter type
Dakshina KannadaBased in
1Projects
1City
2023–2025Active
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
575006
Address
Sy. No. 14/5A(P1) OF DEREBAIL VILLAGE , MANGALORE CITY CORPORATION LIMIT , Mangalore , Dakshina Kannada, Karnataka - 575006
North boundary
Portion of same Sy No
East boundary
Road and Portion of of the Same SyNo
South boundary
Portion of same Sy No
West boundary
Portion of Same Sy No
What’s nearby
Schools1 school within 500m · College or university 1.1km away
HealthcareHospital 608m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km · 6 restaurants and cafes within 1km
ShoppingSupermarket 1.8km away · Convenience store within 1km · Bank 434m away
Getting around
Expressway 331 m · Kottara Chowki FlyoverPrimary road 204 m · Kuloor Ferry RoadRailway line 3.5 kmNo metro or railway within 5km2 bus stops within 500m
Water & environment
Water body 1.8 kmRiver 1.8 km · Gurupura
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

₹4.42 Cr declared to build 17 flats. What that works out to:

₹26.01 Lakhdeclared cost per flatall-in — land + construction
₹1,956/sq ftof built-up area₹21,059/sq m
27%of the cost is land₹1,723/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 16 Mar 2023 · 3 yrs ago
Building Permit no. F14/BA108/2022-23(157409)Survey no. 14/5a(p)

The promised possession date (31 Dec 2025) 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 F14/BA108/2022-23(157409) on the approving authority’s portal to confirm the sanction.

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.

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.