HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
29 units
Unit mix
15 × 2 BHK · 11 × COMMERCIAL · 3 × 1 BHK
Towers
1
Floors
3
Land area
690 sq m
Built-up area
1,602 sq m
FAR sanctioned
2.166
Covered area
306 sq m
Open area
384 sq m
Land parcels
1 survey no

Timeline

Project startedJan 2025
RERA registeredSep 2025
Proposed completionDec 2030
TodayJul 2026
Construction progress

30% overall, as filed

Super-structure0%
Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas0%
Sub-structure30%
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.

29 units across 3 batches
TypeArea sq mCount
COMMERCIAL2211
1 BHK393
2 BHK4615

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

SINDHU CORPORATION

Partnership FirmPromoter type
Dakshina KannadaBased in
3Projects
1City
2020–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
100 homeson the public record across 3 projects
7,294 sq mbuilt-up filed
3,604 sq mland declared
₹25.82 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Mangaluru Urban Development AuthorityUrban Development Authoritythis project2 of 3 projects
Local Planning AuthorityTown & Country Planning (DTCP)1 of 3 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Mangalore
District
Dakshina Kannada
Pincode
575006
Address
SY NO.: 12/6P7 , BANGARAKULUR VILLAGE , Mangalore , Dakshina Kannada, Karnataka - 575006
North boundary
ROADWAY
East boundary
SY NO. 12/4B
South boundary
SY NO. 12/6 & SY NO. 12/5
West boundary
DRAIN
What’s nearby
Schools1 school within 1km · College or university 1.2km away
HealthcareHospital 992m away · Clinic within 2km · Pharmacy within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Convenience store within 1km · Bank 145m away
Getting around
Expressway 174 mPrimary road 224 mRailway line 3.2 kmNo metro or railway within 5kmBus stop within 500m
Water & environment
Water body 1.3 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹4.50 Cr declared to build 29 flats. What that works out to:

₹15.52 Lakhdeclared cost per flatall-in — land + construction
₹2,610/sq ftof built-up area₹28,090/sq m
35%of the cost is land₹2,142/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 9 Apr 2025 · 1 yr ago
Building Permit no. F17/BA 18/2024-25 (182419), KANIPA A: 18/2024-25Survey no. 12/6p7
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 F17/BA 18/2024-25 (182419), KANIPA A: 18/2024-25 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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.