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Sharada Enclave

PRM/KA/RERA/1255/477/PR/191222/005535 · RERA Karnataka · https://gethorizon.in/projects/sharada-enclave-chikkamagaluru-e0gkrdgc

01

Complete project overview

RERA Karnataka · Registration filing
Units
20 units
Unit mix
10 × FLATS-2 BHK · 5 × FLATS-3 BHK · 5 × FLATS-1 BHK
Towers
1
Floors
4
Land area
733 sq m
Built-up area
2,323 sq m
FAR sanctioned
0.83
Covered area
345 sq m
Open area
388 sq m
Land parcels
1 survey no

Timeline

Project startedSep 2022
RERA registeredDec 2022
Proposed completionFeb 2024
TodaySep 2026

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
1Ground Floor3 BHK89.973.6561.14
2Ground Floor1 BHK37.4912.23
3Ground Floor2 BHK73.032.8436.68
4Ground Floor2 BHK64.843.1036.68
1011st Floor3 BHK92.1311.8161.14
1021st Floor1 BHK38.193.6012.23
1031st Floor2 BHK61.639.9436.68
1041st Floor2 BHK71.437.5336.68
2012nd Floor3 BHK92.1311.8161.14
2022nd Floor1 BHK38.193.6012.23
2032nd Floor2 BHK61.639.9436.68
2042nd Floor2 BHK71.437.5336.68
3013rd Floor3 BHK92.1311.8161.14
3023rd Floor1 BHK38.193.6012.23
3033rd Floor2 BHK61.639.9436.68
3043rd Floor2 BHK71.437.5336.68
4014th Floor3 BHK92.1311.8161.14
4024th Floor1 BHK38.193.6012.23
4034th Floor2 BHK61.639.9436.68
4044th Floor2 BHK71.437.5336.68

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

Injith Developers

Proprietorship FirmPromoter type
ChikkamagaluruBased in
1Projects
1City
2022–2024Active
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
Chikkamagaluru
District
Chikkamagaluru
Pincode
577139
Address
Sy # 51/3, Block -2, Menase Grama , Kasaba Hobli , Menase Grama , SRINGERI , Chikkamagaluru, Karnataka , Chikkamagaluru , Chikkamagaluru, Karnataka - 577139
North boundary
Laa.Hi.2 (Sringeri - Jayapura Road)
East boundary
Laa.Hi.2 (Sringeri - Jayapura Road)
South boundary
Laasa No.45
West boundary
Tekkuru Road and Laa . No.47
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.1km away
LifestyleNo parks within 2km
ShoppingSupermarket 814m away · Bank 287m away
Getting around
Expressway 732 mPrimary road 521 mNo metro or railway within 5kmBus stop within 500m
Water & environment
River 190 m · TungaWater body 810 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted 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

₹5.30 Cr declared to build 20 flats. What that works out to:

₹26.51 Lakhdeclared cost per flatall-in — land + construction
₹2,120/sq ftof built-up area₹22,824/sq m
9%of the cost is land₹573/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

Chikkamagaluru Urban Development Authority

Urban Development Authority
approved 1 Aug 2022 · 4 yrs ago
Building Permit no. BCL-00160/1509006006/22-23Survey no. survey no -51/3

The promised possession date (28 Feb 2024) 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 BCL-00160/1509006006/22-23 on the approving authority’s portal to confirm the approval.

The approving body, at scale

Chikkamagaluru Urban Development Authority

Urban Development Authority

Has approved 16 RERA projects0.2% of Karnataka.

a mixed market38% apartments · 62% plotted layouts.

Builders
16
On record
20 flats · 1,229 plots
Reach
4 taluks
Since
2018

More layout-heavy than Karnataka overall — 62% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

2 residential projects still under way within 25 km. The nearest 2:

Of the 5 projects the radar draws within 6 km — every kind, every stage — 2 are residential projects still under way. This list keeps only those, and looks further out.

470 m awayApartment

SUDHARMA APARTMENTS

NATESH H.S & K.M CHANDRAMOHAN · Sringeri

Mar 2024started
Dec 2029target completion
Declared cost₹11.32 CrScale40 flatsAuthorityRERA Karnataka
800 m awayMixed Development

VANI VILASA

TUNGABHADRA DEVELOPERS · Sringeri

Mar 2026started
Dec 2032target completion
Declared cost₹65.23 CrScale214 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.