HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
104 units
Unit mix
65 × 2 BHK · 21 × Shops · 16 × 1 BHK · 2 × RK
Towers
1
Floors
5
Land area
1,314 sq m
Built-up area
3,948 sq m
FAR sanctioned
2.49
Covered area
818 sq m
Open area
497 sq m

Timeline

Project startedJan 2026
RERA registeredMay 2026
Proposed completionJul 2030
TodayJul 2026

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

104 units across 4 batches
TypeArea sq mCount
2 BHK4165
Shops921
RK182
1 BHK3216

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

SHIVNERI CONSTRUCTIONS

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2026–presentActive
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
590001
Address
CTS NO 4910/2 TO CTS NO 4910/24, , MAHADWAR RAOD, SHAHPUR, BELAGAVI-590001 , Belagavi , Belagavi, Karnataka - 590001
North boundary
BY ROAD AS PER CTS MAP
East boundary
CTS NO 4909/1
South boundary
BY MAHADWAR ROAD
West boundary
CTS NO 4911/15 & 4911/16
What’s nearby
Schools2 schools within 500m · 3 educational institutions within 1km · College or university 141m away
HealthcareHospital 68m away · 5 clinics within 1km
LifestylePark 1.8km away · Swimming pool within 2km
ShoppingSupermarket 1.3km away · Mall 1.3km away · Bank 190m away
Getting around
Expressway 1.3 km · Congress RoadPrimary road 232 m · Pune Bengaluru RoadRailway line 234 mRailway station 1.1km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 1.7 km · Kote Kere
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹23.43 Cr declared to build 104 flats. What that works out to:

₹22.53 Lakhdeclared cost per flatall-in — land + construction
₹5,513/sq ftof built-up area₹59,342/sq m
26%of the cost is land₹4,244/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

Belagavi Urban Development Authority

Urban Development Authority
approved 16 Jun 2025 · 1 yr ago
Building Permit no. BGM-LBPAS-28224/25-26/BP
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-28224/25-26/BP on the approving authority’s portal to confirm the sanction.

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.

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.