HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Land area
4,047 sq m
Covered area
2,225 sq m
Open area
1,822 sq m

Timeline

Project startedApr 2021
Proposed completionSep 2021
RERA registeredNov 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Y S Bhagyalakshmi

IndividualPromoter type
Shivamogga, KarnatakaBased in
1Projects
1City
2021–presentActive
Timelineevery project, start → promised completion
SAKETHARAMA BADAVANE

SAKETHARAMA BADAVANE

this project
Plotted Development
Apr 2021started
Sep 2021target completion
4,047 sq m₹29.05 Lakh

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
Tirthahalli
District
Shivamogga
Pincode
577432
Address
Sy no 160/7, Saketharama Badavane Yedur village Nagara Hobli
What’s nearby
Schools2 schools within 1km
HealthcareHospital 765m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.1km away · Mall 740m away · Bank 683m away
Getting around
Expressway 746 m · Azad RoadPrimary road 446 m · Sagar RoadNo metro or railway within 5kmBus stop within 1km
Water & environment
Water body 361 m · Seebina KereRiver 603 m · Nadti
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹29.05 Lakh declared. What that works out to:

₹67/sq ftof plotted area₹718/sq m
10%of the cost is land₹7/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

Shivamogga Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (30 Sep 2021) 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.

The approving body, at scale

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects — 1.3% of Karnataka.

a plotted-layout market — 21% apartments · 79% plotted layouts. Your plotted layout is this body's core business.

Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018

More layout-heavy than Karnataka overall — 79% 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.