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Detailed Report

SHIVAAY AVENUE 2

PRM/KA/RERA/1249/447/PR/030223/005680 · RERA Karnataka · https://gethorizon.in/projects/shivaay-avenue-2-belagavi-d6raew9k

01

Complete project overview

RERA Karnataka · Registration filing
Units
30 units
Unit mix
20 × 2 BHK · 5 × OTHER - PENT HOUSE · 5 × 1 BHK
Towers
2
Floors
5
Land area
554 sq m
Built-up area
1,576 sq m
FAR sanctioned
2.5
Covered area
315 sq m
Open area
239 sq m
Land parcels
1 survey no

Timeline

Project startedNov 2022
RERA registeredFeb 2023
Proposed completionJul 2025
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
A003Ground Floor · SOUTH SIDE - A1 BHK37.1116.2116.22
A004Ground Floor · SOUTH SIDE - A2 BHK49.4915.1819.67
A005Ground Floor · SOUTH SIDE - A2 BHK51.8516.1820.69
A1031st Floor · SOUTH SIDE - A1 BHK37.1115.5916.03
A1041st Floor · SOUTH SIDE - A2 BHK49.4914.5619.48
A1051st Floor · SOUTH SIDE - A2 BHK51.8515.5620.51
A2032nd Floor · SOUTH SIDE - A1 BHK35.2719.1016.54
A2042nd Floor · SOUTH SIDE - A2 BHK47.5817.9019.92
A2052nd Floor · SOUTH SIDE - A2 BHK49.9222.6122.06
A3033rd Floor · SOUTH SIDE - A1 BHK35.2725.3818.45
A3043rd Floor · SOUTH SIDE - A2 BHK47.5824.1821.83
A3053rd Floor · SOUTH SIDE - A2 BHK49.9228.8923.97
A4034th Floor · SOUTH SIDE - A1 BHK35.2725.3818.45
A4044th Floor · SOUTH SIDE - A2 BHK47.5824.1821.83
A4054th Floor · SOUTH SIDE - A2 BHK49.9228.8923.97
A PENT 35th Floor · SOUTH SIDE - APENT HOUSE13.204.01
A PENT 45th Floor · SOUTH SIDE - APENT HOUSE9.572.91
A PENT 55th Floor · SOUTH SIDE - APENT HOUSE10.263.12
B001Ground Floor · NORTH SIDE - B2 BHK56.2820.6023.39
B002Ground Floor · NORTH SIDE - B2 BHK55.0920.4322.97
B1011st Floor · NORTH SIDE - B2 BHK55.5729.7225.94
B1021st Floor · NORTH SIDE - B2 BHK51.9026.6323.89
B2012nd Floor · NORTH SIDE - B2 BHK55.5725.7924.75
B2022nd Floor · NORTH SIDE - B2 BHK51.9022.7022.69
B3013rd Floor · NORTH SIDE - B2 BHK55.5725.1724.56
B3023rd Floor · NORTH SIDE - B2 BHK51.9022.0822.50
B4014th Floor · NORTH SIDE - B2 BHK55.5725.1724.56
B4024th Floor · NORTH SIDE - B2 BHK51.9022.0822.50
B PENT 15th Floor · NORTH SIDE - BPENT HOUSE11.653.54
B PENT 25th Floor · NORTH SIDE - BPENT HOUSE11.043.36

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.

All 30 units as filed, two to a row · areas in sq m
UnitTypeCarpetExclusive areaUndivided shareUnitTypeCarpetExclusive areaUndivided share
A003Ground Floor · SOUTH SIDE - A1 BHK37.1116.2116.22A004Ground Floor · SOUTH SIDE - A2 BHK49.4915.1819.67
A005Ground Floor · SOUTH SIDE - A2 BHK51.8516.1820.69A1031st Floor · SOUTH SIDE - A1 BHK37.1115.5916.03
A1041st Floor · SOUTH SIDE - A2 BHK49.4914.5619.48A1051st Floor · SOUTH SIDE - A2 BHK51.8515.5620.51
A2032nd Floor · SOUTH SIDE - A1 BHK35.2719.1016.54A2042nd Floor · SOUTH SIDE - A2 BHK47.5817.9019.92
A2052nd Floor · SOUTH SIDE - A2 BHK49.9222.6122.06A3033rd Floor · SOUTH SIDE - A1 BHK35.2725.3818.45
A3043rd Floor · SOUTH SIDE - A2 BHK47.5824.1821.83A3053rd Floor · SOUTH SIDE - A2 BHK49.9228.8923.97
A4034th Floor · SOUTH SIDE - A1 BHK35.2725.3818.45A4044th Floor · SOUTH SIDE - A2 BHK47.5824.1821.83
A4054th Floor · SOUTH SIDE - A2 BHK49.9228.8923.97A PENT 35th Floor · SOUTH SIDE - APENT HOUSE13.204.01
A PENT 45th Floor · SOUTH SIDE - APENT HOUSE9.572.91A PENT 55th Floor · SOUTH SIDE - APENT HOUSE10.263.12
B001Ground Floor · NORTH SIDE - B2 BHK56.2820.6023.39B002Ground Floor · NORTH SIDE - B2 BHK55.0920.4322.97
B1011st Floor · NORTH SIDE - B2 BHK55.5729.7225.94B1021st Floor · NORTH SIDE - B2 BHK51.9026.6323.89
B2012nd Floor · NORTH SIDE - B2 BHK55.5725.7924.75B2022nd Floor · NORTH SIDE - B2 BHK51.9022.7022.69
B3013rd Floor · NORTH SIDE - B2 BHK55.5725.1724.56B3023rd Floor · NORTH SIDE - B2 BHK51.9022.0822.50
B4014th Floor · NORTH SIDE - B2 BHK55.5725.1724.56B4024th Floor · NORTH SIDE - B2 BHK51.9022.0822.50
B PENT 15th Floor · NORTH SIDE - BPENT HOUSE11.653.54B PENT 25th Floor · NORTH SIDE - BPENT HOUSE11.043.36
02

Builder’s track record

RERA Karnataka · Builder registration

EFFICIENT DEVELOPERS

Partnership FirmPromoter type
BelagaviBased in
2Projects
1City
2023–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
64 homeson the public record across 2 projects
3,150 sq mbuilt-up filed
1,108 sq mland declared
₹10.00 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 EFFICIENT DEVELOPERS— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
The Horizon Radar(within 6 km)
2km4km6kmN
  • This project
  • 24 new projects last year
  • 288 nearby projects
1 km radius · coordinates as filed · 15.8805, 74.5016 · © OpenStreetMap contributors
Taluk
Belagavi
District
Belagavi
Pincode
590008
Address
PLOT NO. 66, CTS NO. 1912/2, R. SY NO. 50/2, AMBEDKAR NAGAR , NEAR T.V. CENTER, KANGRALI K H , Belagavi , Belagavi, Karnataka - 590008
North boundary
By Road
East boundary
By CTS No-1913, 1912/1 & Plot No-67
South boundary
By Road
West boundary
By CTS No-1911 & Plot No-65
What’s nearby
SchoolsNearest school 1.1km away · College or university 1.6km away · Library 1.7km away
HealthcareHospital 1.3km away · Clinic within 2km
Lifestyle1 park within 500m · Swimming pool within 2km
ShoppingNo supermarket within 2km · Mall 652m away
Getting around
Expressway 1.4 km · Belgaum - Panaji HighwayPrimary road 156 m · Bauxite RoadRailway line 3.3 kmRailway station 3.6km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 340 m
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionOne or more surveys not converted 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

₹5.00 Cr declared to build 30 flats. What that works out to:

₹16.67 Lakhdeclared cost per flatall-in — land + construction
₹2,947/sq ftof built-up area₹31,726/sq m
25%of the cost is land₹2,066/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

Satellite view of the site

Google Open Buildings, 2016–2023 · Sentinel-2 imagery

A building already stood within ~20 m of the recorded location in 2016 (about 10 m), 11 m in 2023.

Satellite view, year by year

loading 2023

Height estimated by a model from satellite imagery — not a survey, and the series ends in 2023. The dashed shape is within ~20 m of the filed location.

Satellite photographs of the same ground

Jan 2017
Mar 2023
Feb 2026

Sentinel-2, 10 m per pixel — about 400 m of ground across. Each frame is one dry-season day, so haze can dull a site.

How to read this

  • A building is first visible in 2016.
  • This state publishes a point, not a plot outline, so the shape is a circle around it. A neighbour’s building can fall inside.
  • The location could only be checked loosely, so read this site view as indicative rather than as a statement about this project.
  • Site is a ~20 m circle around the RERA point, not a plot outline: buildings inside it may belong to neighbours.
  • Coordinate checked only against its district, not its pincode.

Google Open Buildings 2.5D Temporal (CC BY 4.0) · Contains modified Copernicus Sentinel data 2017–2026

05

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.

06

Planning authority

RERA Karnataka · Approved building plan

Belagavi Urban Development Authority

Urban Development Authority
approved 12 Sep 2022 · 4 yrs ago
Building Permit no. CCB-BLD/CR-37/2022-23Survey no. plot no. 66

The promised possession date (31 Jul 2025) 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 CCB-BLD/CR-37/2022-23 on the approving authority’s portal to confirm the approval.

The approving body, at scale

Belagavi Urban Development Authority

Urban Development Authority

Has approved 116 RERA projects1.3% of Karnataka.

an apartments market82% apartments · 18% plotted layouts. Apartments like yours are this body's core business.

Builders
98
On record
3,214 flats · 392 plots
Reach
8 taluks
Since
2017

More apartment-heavy than Karnataka overall — 82% 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

08

Other projects nearby

The register · within 25 km

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

Of the 288 projects the radar draws within 6 km — every kind, every stage — 94 are residential projects still under way. This list keeps only those, and looks further out.

11 projects within 1 km — showing the nearest 6.

420 m awayApartment

SIRI HARI CREST

SIRI BUILDERS AND DEVELOPERS · Belagavi

Nov 2025started
Sep 2029target completion
Declared cost₹5.01 CrScale13 flatsAuthorityRERA Karnataka
420 m awayApartment

ABHIRAM EMERALD

P SQUARE INFRA · Belagavi

Jun 2023started
Dec 2028target completion
Declared cost₹5.82 CrScale27 flatsAuthorityRERA Karnataka
450 m awayApartment

THE STRAND

THE STRAND CONSTRUCTIONS · Belagavi

Jan 2024started
Mar 2027target completion
Declared cost₹11.14 CrScale20 flatsAuthorityRERA Karnataka
560 m awayApartment

TREND LANDMARK

M/ S TREND HOMES REALTY · Belagavi

Jan 2023started
Jul 2028target completion
Declared cost₹7.64 CrScale24 flatsAuthorityRERA Karnataka
660 m awayApartment

ELITE RESIDNECY-II

M/s. UNIQUE CONSTRUCTIONS · Belagavi

Jan 2023started
Mar 2026target completion
Declared cost₹4.51 CrScale19 flatsAuthorityRERA Karnataka
710 m awayMixed

VAISHNAVII RESIDENCY I

Veerbhadrappa Ghativalappa Kivadasannavar Prop. Vaishnavii Developers · Belagavi

Sep 2024started
Mar 2027target completion
Declared cost₹4.12 CrScale16 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.

Sources

Where each section of this report comes from.

  1. 01Complete project overview
    • The project's registration filing with RERA Karnataka, as the builder submitted it.
  2. 02Builder's track record
    • RERA Karnataka: the builder's registration.
    • The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
  3. 03Location & price analysis
    • Address, pincode and declared cost: the RERA Karnataka filing.
    • Coordinates: as filed with RERA Karnataka.
    • What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
    • The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
    • Map: © OpenStreetMap contributors (ODbL).
  4. 04Satellite view of the site
    • Building footprint and height by year: Google Open Buildings 2.5D Temporal (CC BY 4.0), a model estimate of building presence and height from satellite imagery.
    • Photographs: Copernicus Sentinel-2 imagery (contains modified Copernicus Sentinel data 2017–2026).
  5. 05Government Guidance Rate
    • No government guidance rate could be matched to this project from Karnataka's published schedules.
  6. 06Planning authority
    • RERA Karnataka: the approved building plan, as filed.
    • The approving body's other projects: counted by Horizon across the register.
  7. 07Complaints & litigation
    • RERA Karnataka's public record lists no complaints or litigation for this project.
  8. 08Other projects nearby
    • The RERA-registered projects Horizon holds within 25 km of these coordinates.

Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/shivaay-avenue-2-belagavi-d6raew9k.

Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.