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SAI REGENCY

PRM/KA/RERA/1249/447/PR/080323/005773 · RERA Karnataka · https://gethorizon.in/projects/sai-regency-belagavi-rcgchvq3

01

Complete project overview

RERA Karnataka · Registration filing
Units
16 units
Unit mix
16 × FLATS
Towers
1
Floors
4
Land area
602 sq m
Built-up area
1,902 sq m
FAR sanctioned
2.02
Covered area
376 sq m
Open area
226 sq m
Land parcels
1 survey no

Timeline

Project startedMar 2022
RERA registeredMar 2023
Proposed completionFeb 2025
TodaySep 2026
Construction progress

100% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
From the builder'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

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 Floor2 BHK76.9211.2239.66
1021st Floor2 BHK76.7111.1939.55
1031st Floor2 BHK69.1810.0935.67
1041st Floor2 BHK69.7610.1835.97
2012nd Floor2 BHK76.9211.2239.66
2022nd Floor2 BHK76.7111.1939.55
2032nd Floor2 BHK69.1810.0935.67
2042nd Floor2 BHK69.7610.1835.97
3013rd Floor2 BHK76.9211.2239.66
3023rd Floor2 BHK76.7111.1939.55
3033rd Floor2 BHK69.1810.0935.67
3043rd Floor2 BHK69.7610.1835.97
4014th Floor2 BHK76.9211.2239.66
4024th Floor2 BHK76.7111.1939.55
4034th Floor2 BHK69.1810.0935.67
4044th Floor2 BHK69.7610.1835.97

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

DAMAG PROPERTIES LIMITED LIABILITY PARTNERSHIP

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2023–2025Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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
Belagavi
District
Belagavi
Pincode
590001
Address
RS NO 187/1 CTS NO 2324/2 SITUATED AT , HANUMAN NAGAR , Belagavi , Belagavi, Karnataka - 590001
North boundary
BY CTS NO 2340 &ROAD
East boundary
BY CTS NO 2339
South boundary
BY ROAD
West boundary
BT CTS NO 2324/1
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 789m away · 2 clinics within 1km · Doctor's clinic within 1km
LifestylePark 945m away
ShoppingNo supermarket within 2km
Getting around
Expressway 2.7 km · Belgaum - Panaji HighwayPrimary road 523 m · Bauxite RoadRailway line 3.9 kmRailway station 3.9km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 900 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionOne or more surveys not converted 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

₹6.25 Cr declared to build 16 flats. What that works out to:

₹39.03 Lakhdeclared cost per flatall-in — land + construction
₹3,051/sq ftof built-up area₹32,836/sq m
17%of the cost is land₹1,650/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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
approved 29 Nov 2021 · 4 yrs ago
Building Permit no. BGM-LBPAS-17004/21-22/BPSurvey no. 2324/2

The promised possession date (28 Feb 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

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 BGM-LBPAS-17004/21-22/BP on the approving authority’s portal to confirm the approval.

The approving body, at scale

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects2.4% of Karnataka.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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

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

Of the 292 projects the radar draws within 6 km — every kind, every stage — 95 are residential projects still under way. This list keeps only those, and looks further out.

2 projects within 1 km — showing the nearest 2.

70 m awayMixed Development

CITY HEIGHTS

MNC INFRASTRUCTURE · Belagavi

Apr 2025started
Oct 2028target completion
Declared cost₹7.03 CrScale20 flatsAuthorityRERA Karnataka
950 m awayApartment

KRIIYA NESTS

IRADITI CONSTRUCTION PRIVATE LIMITED · Belagavi

Jun 2024started
May 2026target completion
Declared cost₹4.34 CrScale12 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.