HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
5,261 sq m
Covered area
2,770 sq m
Open area
2,491 sq m

Timeline

Project startedApr 2019
RERA registeredNov 2019
Proposed completionMay 2022
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Sadashiv T. Naik

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2019–2022Active
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
Address
Chinchani Village, chikkodi, Chinchani Village, chikkodi
What’s nearby
Schools1 school within 500m
HealthcareHospital 1.7km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.3 kmPrimary road 251 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
Canal 4.5 km · Chikkodi Branch Canal
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹15.40 Lakh declared. What that works out to:

₹27/sq ftof plotted area₹293/sq m
13%of the cost is land₹4/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)
Layout Permit

The promised possession date (1 May 2022) 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.

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.