HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
168 units
Unit mix
114 × 2 BHK · 36 × 1 BHK · 18 × 3 BHK
Towers
3
Floors
5
Land area
5,006 sq m
Built-up area
18,565 sq m
FAR sanctioned
2.11
Covered area
2,528 sq m
Open area
2,478 sq m
Land parcels
5 survey nos

Timeline

Project startedJun 2025
RERA registeredJun 2025
Proposed completionMay 2032
TodayJul 2026
Construction progress

5% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas0%
Super-structure1%
Sub-structure39%
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.

168 units across 3 batches
TypeArea sq mCount
1 BHK5936
2 BHK78114
3 BHK8918

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

SOMESHWAR PROMOTERS AND DEVELOPERS

Partnership FirmPromoter type
Dakshina KannadaBased 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
Mangalore
District
Dakshina Kannada
Pincode
575005
Address
DETAILED DEVELOPMENT PLAN FOR PROPOSED CONSTRUCTION OF RESIDENTIAL APARTMENT BUILDINGS AT , SY.NO. 113/5, 113/8,113/11(P) & 113/7(P) OF PADAVU VILLAGE MANGALORE , Mangalore , Dakshina Kannada, Karnataka - 575005
North boundary
Road leading to Kakkebettu to Shakthinagar Road
East boundary
Portion of the same S.No.
South boundary
Survey line
West boundary
Block B Property
What’s nearby
SchoolsNearest school 1.5km away
HealthcareHospital 1.3km away
LifestyleNo parks within 2km · Gym or sports centre 437m away
ShoppingSupermarket 1.5km away · Convenience store within 500m · Bank 425m away
Getting around
Expressway 413 m · Solapur-Mangalore HighwayPrimary road 1.9 kmRailway line 483 mRailway station 2.1km away (Padil)4 bus stops within 500m
Water & environment
Water body 1.9 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
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

₹44.08 Cr declared to build 168 flats. What that works out to:

₹26.24 Lakhdeclared cost per flatall-in — land + construction
₹2,206/sq ftof built-up area₹23,746/sq m
18%of the cost is land₹1,505/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 8 Jan 2025 · 1 yr ago
Building Permit no. H7/BA18/Ka.Ni.Pa.Aa./691/2024-25(PLO-195802)Survey no. 113/5
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 H7/BA18/Ka.Ni.Pa.Aa./691/2024-25(PLO-195802) 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.