HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
35 units
Unit mix
20 × 2BHK · 10 × 3BHK · 5 × 1 BHK
Towers
1
Floors
5
Land area
1,845 sq m
Built-up area
5,978 sq m
FAR sanctioned
1.67
Covered area
783 sq m
Open area
1,062 sq m

Timeline

Project startedOct 2024
RERA registeredMay 2025
Proposed completionAug 2027
TodayJul 2026
Construction progress

37% overall, as filed

Amenities0%
Super-structure5%
Finishing19%
Common areas37%
Internal infra50%
External infra50%
Sub-structure100%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

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

35 units across 3 batches
TypeArea sq mCount
1 BHK495
3BHK9610
2BHK7320

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

Silversky Homes LLP

Partnership FirmPromoter type
DavangereBased in
1Projects
1City
2025–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
Davanagere
District
Davangere
Pincode
577004
Address
#1729/9 , Shamanur Road , Davanagere , Davangere, Karnataka - 577004
North boundary
Sy No.9/A4 & Sy No.9/2A
East boundary
Road
South boundary
Sy.No.9/1B
West boundary
Sy.No.10
What’s nearby
Schools1 school within 500m · 6 educational institutions within 1km · College or university 764m away
HealthcareHospital 1.2km away · Clinic within 2km
LifestylePark 1.8km away · 4 restaurants and cafes within 1km · Swimming pool within 2km
ShoppingSupermarket 1.8km away · Mall 1.3km away · Bank 681m away
Getting around
Expressway 408 m · Harihara Davangere BypassPrimary road 2.2 km · Hadadi RoadRailway line 3.1 kmRailway station 3.3km away (Davanagere)2 bus stops within 500m
Water & environment
Water body 1.6 km · Kundavada Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹15.24 Cr declared to build 35 flats. What that works out to:

₹43.54 Lakhdeclared cost per flatall-in — land + construction
₹2,368/sq ftof built-up area₹25,490/sq m
20%of the cost is land₹1,529/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

Davanagere-Harihara Urban Development Authority

Urban Development Authority
approved 31 Jul 2023 · 3 yrs ago
Building Permit no. DVG-LBPAS-18555/22-23/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 DVG-LBPAS-18555/22-23/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Davanagere-Harihara Urban Development Authority

Urban Development Authority

Has approved 24 RERA projects0.3% of Karnataka.

a mixed market50% apartments · 50% plotted layouts.

Builders
24
On record
268 flats · 857 plots
Reach
6 taluks
Since
2018

More layout-heavy than Karnataka overall — 50% 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.