HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
2,088 sq m
FAR sanctioned
2
Covered area
667 sq m
Open area
1,421 sq m
Garage area
618 sq m

Timeline

Project startedAug 2014
RERA registeredJan 2018
Proposed completionAug 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Sandeep

IndividualPromoter type
Udupi, KarnatakaBased in
1Projects
1City
2018–presentActive
Timelineevery project, start → promised completion
Sankhya Heights Wing B

Sankhya Heights Wing B

this project
Residential/Group Housing
Aug 2014started
Aug 2018target completion
₹7.96 Cr

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
Udupi
District
Udupi
Pincode
576104
Address
Sankhya Properties, Ananth Nagar, Manipal
What’s nearby
Schools1 school within 1km · College or university 1.1km away · Library 1.6km away
HealthcareHospital 1.3km away · 3 clinics within 1km
LifestyleNo parks within 2km · Gym or sports centre 478m away · 8 restaurants and cafes within 1km
ShoppingSupermarket 1.4km away
Getting around
Expressway 316 m · Malpe-Manipal Road;Malpe - Manipal RoadPrimary road 2.7 kmRailway line 1.1 km · Konkan RailwayRailway station 1.5km away (Udupi)2 bus stops within 500m
Water & environment
Water body 726 m · Manipal Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹7.96 Cr declared. What that works out to:

0%of the cost is 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

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Aug 2018) 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

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects — 1.5% of Karnataka.

an apartments market — 87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.