HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
21 units
Unit mix
16 × 2BHK · 4 × 3BHK · 1 × COMMERCIAL
Towers
1
Floors
5
Land area
877 sq m
Built-up area
2,680 sq m
FAR sanctioned
3.04
Covered area
569 sq m
Open area
308 sq m

Timeline

Project startedJan 2022
RERA registeredOct 2023
Proposed completionJun 2026
TodayJul 2026
Construction progress

75% overall, as filed

Finishing50%
Amenities70%
Common areas77%
Internal infra90%
External infra90%
Super-structure94%
Sub-structure100%
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.

21 units across 3 batches
TypeArea sq mCount
COMMERCIAL4361
3BHK1104
2BHK8116

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

M/s VEDIKA CONSTRUCTIONS

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2023–2026Active
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
Belagavi
District
Belagavi
Pincode
590019
Address
R.S NO-40/2, PLOT NO-86 , CTS NO-5331&5332, KANGRALI.B.K, BELAGAVI , Belagavi , Belagavi, Karnataka - 590019
North boundary
PLOT NO-87B
East boundary
INDAL (BAUXITE) ROAD
South boundary
PLOT NO-86A
West boundary
PVT LAND
What’s nearby
SchoolsNearest school 1.5km away · College or university 386m away
HealthcareHospital 1.0km away · 1 clinic within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km · Swimming pool within 2km
ShoppingNo supermarket within 2km · Mall 2.0km away · Bank 22m away
Getting around
Expressway 474 mPrimary road 34 mRailway line 4.0 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Water body 477 m
distances only — not a flood assessment
Land, title & encumbrance
MortgageNone declared on the project / land
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

₹7.88 Cr declared to build 21 flats. What that works out to:

₹37.51 Lakhdeclared cost per flatall-in — land + construction
₹2,731/sq ftof built-up area₹29,395/sq m
19%of the cost is land₹1,565/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

Local Planning Authority

Town & Country Planning (DTCP)
approved 28 Jan 2022 · 4 yrs ago
Building Permit no. BGM-LBPAS-16096/20-21/BP

The promised possession date (30 Jun 2026) 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 BGM-LBPAS-16096/20-21/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% 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.