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SHANTHALA SHRIRAM

PRM/KA/RERA/1257/334/PR/171123/000532 · RERA Karnataka · https://gethorizon.in/projects/shanthala-shriram-mangalore-ewjjs3mj

01

Complete project overview

RERA Karnataka · Registration filing
Project name
SHANTHALA SHRIRAM
Towers
2
Land area
2,610 sq m
FAR sanctioned
1.63
Covered area
5,748 sq m
Open area
1,554 sq m

Timeline

Project startedFeb 2016
Proposed completionOct 2018
RERA registeredNov 2023
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

GANESH M P

Dakshina KannadaBased in
6Projects
1City
2017–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
95 homeson the public record across 6 projects
15,706 sq mbuilt-up filed
12,017 sq mland declared
₹64.50 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 GANESH M P— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Mangalore
District
Dakshina Kannada
Pincode
575004
Address
UDAYANAGAR, MANGALORE
What’s nearby
Schools1 school within 500m · 6 educational institutions within 1km · College or university 652m away
HealthcareNearest hospital 3.1km away · 1 clinic within 1km
LifestyleNo parks within 2km · Gym or sports centre 967m away · 8 restaurants and cafes within 1km
ShoppingNo supermarket within 2km · Convenience store within 1km · Bank 367m away
Getting around
Expressway 259 mPrimary road 3.2 kmRailway line 1.5 kmRailway station 3.3km away (Surathkal)Bus stop within 1km
Water & environment
Water body 548 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹12.36 Cr declared. What that works out to:

9%of the cost is 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
Building Permit

The promised possession date (31 Oct 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

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.

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

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

Of the 51 projects the radar draws within 6 km — every kind, every stage — 21 are residential projects still under way. This list keeps only those, and looks further out.

3 projects within 1 km — showing the nearest 3.

360 m awayMixed Development

MATHA SHABARI RESIDENCY

MATHA BUILDERS · Mangalore

Dec 2024started
Dec 2029target completion
Declared cost₹6.86 CrScale52 flatsAuthorityRERA Karnataka
620 m awayMixed Development

ADIDHAN PLATINUM

DYUTI REALTY · Mangalore

Jan 2025started
Dec 2031target completion
Declared cost₹19.68 CrScale85 flatsAuthorityRERA Karnataka
870 m awayMixed Development

VISTARA SUNSHINE

VISTARA INFRA DEVELOPERS · Mangalore

Dec 2025started
Dec 2031target completion
Declared cost₹32.00 CrScale135 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.