HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
168 units
Unit mix
168 × Commercial
Towers
1
Floors
2
Land area
3,060 sq m
Built-up area
9,167 sq m
FAR sanctioned
1
Covered area
1,834 sq m
Open area
1,226 sq m

Timeline

Project startedMar 2023
RERA registeredJan 2024
Proposed completionDec 2025
TodayJul 2026

Find your unit

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

168 units across 1 batch
TypeArea sq mCount
Commercial18168

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

Ratuja Developers

Partnership FirmPromoter type
BelagaviBased in
1Projects
1City
2024–2025Active
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
Chikkodi
District
Belagavi
Pincode
591237
Address
CTS NO. 2027, 2026+2034/1+2+3+4+5+6+7+8+9+10+11 , TALUK Nippani, DIST Belagum, Karnataka - 591237 , Chikkodi , Belagavi, Karnataka - 591237
North boundary
CTS No. 2033/1 and CMC Road
East boundary
CTS No. 2023/1, 2023/6 and 2025
South boundary
CMC Road
West boundary
CTS No. 2027 and PB Road
What’s nearby
SchoolsNo schools within 2km
HealthcareNo hospital within 5km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Primary road 2.5 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.3 kmCanal 1.8 km
distances only — not a flood assessment
Land, title & encumbrance
BorrowingProject borrowing declared
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

₹15.44 Cr declared to build 168 flats. What that works out to:

₹9.19 Lakhdeclared cost per flatall-in — land + construction
₹1,565/sq ftof built-up area₹16,848/sq m
28%of the cost is land₹1,290/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 14 Feb 2023 · 3 yrs ago
Building Permit no. NPN-LBPAS-11768/22-23/BP

The promised possession date (31 Dec 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

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 NPN-LBPAS-11768/22-23/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.