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Sai Padma

PRM/KA/RERA/1257/334/PR/020722/005042 · RERA Karnataka · https://gethorizon.in/projects/sai-padma-mangalore-g1nd9r7w

01

Complete project overview

RERA Karnataka · Registration filing
Units
24 units
Unit mix
4 × 2BHK · 4 × 2BHK · 4 × 2BHK · 4 × 2BHK · 4 × 3BHK · 4 × 2BHK
Towers
1
Floors
4
Land area
1,056 sq m
Built-up area
2,802 sq m
FAR sanctioned
2
Covered area
572 sq m
Open area
484 sq m
Land parcels
1 survey no

Timeline

Project startedJun 2022
RERA registeredJul 2022
Proposed completionJul 2024
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 Floor3 BHK91.489.925.64
1021st Floor2 BHK64.866.614.04
1031st Floor2 BHK63.606.703.95
1041st Floor2 BHK59.645.753.75
1051st Floor2 BHK58.467.283.77
1061st Floor2 BHK61.106.783.85
2012nd Floor3 BHK91.489.925.64
2022nd Floor2 BHK64.866.614.04
2032nd Floor2 BHK63.606.703.95
2042nd Floor2 BHK59.645.753.75
2052nd Floor2 BHK58.467.283.77
2062nd Floor2 BHK61.106.783.85
3013rd Floor3 BHK91.489.925.64
3023rd Floor2 BHK64.866.614.04
3033rd Floor2 BHK63.606.703.95
3043rd Floor2 BHK59.645.753.75
3053rd Floor2 BHK58.467.283.77
3063rd Floor2 BHK61.106.783.85
4014th Floor3 BHK91.489.925.64
4024th Floor2 BHK64.846.614.04
4034th Floor2 BHK63.606.703.95
4044th Floor2 BHK59.645.753.75
4054th Floor2 BHK58.467.283.77
4064th Floor2 BHK61.106.783.85

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

M/S. Yamini builders & developers

Partnership FirmPromoter type
Dakshina KannadaBased in
2Projects
1City
2022–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
49 homeson the public record across 2 projects
4,857 sq mbuilt-up filed
1,541 sq mland declared
₹15.36 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 M/S. Yamini builders & developers— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575003
Address
SY.No. 935& 936(P), Sai Padma, Battery road, , Boloor,Mangalore , Mangalore , Dakshina Kannada, Karnataka - 575003
North boundary
SY.No.933,934&936-P
East boundary
SY.No. 938
South boundary
SY.No.937 and lane
West boundary
SY.No. 936 and Main road
What’s nearby
SchoolsNearest school 1.1km away · College or university 1.2km away · Library 1.1km away
HealthcareHospital 820m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.3km away · Mall 659m away · Convenience store within 500m
Getting around
Expressway 2.5 kmPrimary road 1.1 km · Ladyhill CircleRailway line 3.0 kmRailway station 3.1km away (Mangaluru Central)Bus stop within 500m
Water & environment
River 636 m · GurupuraWater body 1.0 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
MortgageNone declared on the project / land
As declared by the builder 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

₹7.65 Cr declared to build 24 flats. What that works out to:

₹31.88 Lakhdeclared cost per flatall-in — land + construction
₹2,537/sq ftof built-up area₹27,306/sq m
26%of the cost is land₹1,756/sq ft of 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
approved 6 Apr 2022 · 4 yrs ago
Building Permit no. MNG-LBPAS-13284/21-22/BPSurvey no. 935&936

The promised possession date (31 Jul 2024) 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.

Verify it yourself — look up plan MNG-LBPAS-13284/21-22/BP on the approving authority’s portal to confirm the approval.

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:

Of the 396 projects the radar draws within 6 km — every kind, every stage — 114 are residential projects still under way. This list keeps only those, and looks further out.

12 projects within 1 km — showing the nearest 6.

230 m awayResidential/Group Housing

SINDHU ENCLAVE

ACE DEVELOPERS · Dakshina Kannada

Sep 2021started
Oct 2028target completion
no escrow declaredDeclared cost₹27.89 CrAuthorityRERA Karnataka
500 m awayApartment

INLAND ELORA

INLAND INFRASTRUCTURE DEVELOPERS PRIVATE LIMITED · Mangalore

Oct 2023started
Mar 2026target completion
Declared cost₹12.47 CrScale20 flatsAuthorityRERA Karnataka
530 m awayApartment

ROHAN SEAVIEW

ROHAN PLAZA PRIVATE LIMITED · Mangalore

Jan 2026started
Dec 2032target completion
Declared cost₹50.45 CrScale13 flatsAuthorityRERA Karnataka
540 m awayMixed Development

POONAM RATNA NIKETHAN

POONAM BUILDERS · Mangalore

Jan 2025started
Dec 2028target completion
Declared cost₹15.34 CrScale36 flatsAuthorityRERA Karnataka
600 m awayApartment

LOTUS GOWRISHANKAR

PRANAVA BUILDERS AND DEVELOPERS · Dakshina Kannada

Jun 2026started
Dec 2029target completion
Declared cost₹31.16 CrScale42 flatsAuthorityRERA Karnataka
680 m awayApartment

ANTARES

CITADEL PROJECTS AND DEVELOPERS PRIVATE LIMITED · Mangalore

Apr 2024started
Dec 2029target completion
Declared cost₹85.95 CrScale62 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.