HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
7
Land area
3,456 sq m
FAR sanctioned
1.59
Covered area
2,387 sq m
Open area
1,068 sq m

Timeline

Project startedJan 2018
RERA registeredOct 2018
Proposed completionJan 2021
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

V G PAREKH & CO.

VijayapuraBased in
1Projects
1City
2018–2021Active
Timelineevery project, start → promised completion
SHUBH GRUH APPARTMENTS

SHUBH GRUH APPARTMENTS

this project
Residential/Group Housing
Jan 2018started
Jan 2021target completion
₹10.69 Cr

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
Bijapur
District
Vijayapura
Pincode
586101
Address
PANI NAGAR, NH 13, NEAR ROYAL ENFIELD SHOW ROOM
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.2km away · Clinic within 2km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 663 m · Bijapur BypassPrimary road 958 mRailway line 891 mRailway station 1.7km away (Vijayapura)Limited bus connectivity nearby
Water & environment
Water body 1.4 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.69 Cr declared. What that works out to:

14%of the cost is 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

Vijayapura Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (15 Jan 2021) 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

Vijayapura Urban Development Authority

Urban Development Authority

Has approved 41 RERA projects — 0.5% of Karnataka.

a plotted-layout market — 17% apartments · 83% plotted layouts. Apartments like yours are the smaller share here — this body mostly approves plotted layouts.

Builders
31
On record
56 flats · 585 plots
Since
2017

More layout-heavy than Karnataka overall — 83% 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.