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SORAKE IRIS

PRM/KA/RERA/1257/334/PR/180120/002258 · RERA Karnataka · https://gethorizon.in/projects/sorake-iris-mangalore-94v3wn9n

01

Complete project overview

RERA Karnataka · Registration filing
Towers
1
Land area
647 sq m
FAR sanctioned
1
Covered area
276 sq m
Open area
371 sq m
Garage area
333 sq m

Timeline

Project startedJun 2016
Proposed completionJun 2019
RERA registeredJan 2020
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

SORAKE ESTATES

Dakshina KannadaBased in
2Projects
1City
2020–2023Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
20 homeson the public record across 2 projects
2,989 sq mbuilt-up filed
1,408 sq mland declared
₹15.98 Crdeclared build cost

Build cost is what the builder 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
Local Planning AuthorityTown & Country Planning (DTCP)1 of 2 projects
Mangaluru Urban Development AuthorityUrban Development Authoritythis project1 of 2 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 builder, 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.

More from SORAKE ESTATES— the full portfolio →

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Mangalore
District
Dakshina Kannada
Address
Anegundi , Bejai new road
What’s nearby
Schools1 school within 1km · College or university 1.1km away · Library 736m away
HealthcareHospital 604m away · 1 clinic within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · Gym or sports centre 1.6km away · 4 restaurants and cafes within 1km
ShoppingSupermarket 449m away · Mall 1.1km away · Bank 234m away
Getting around
Expressway 922 mPrimary road 413 m · Kuloor Ferry RoadRailway line 3.0 kmRailway station 3.2km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 789 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹4.98 Cr declared. What that works out to:

26%of the cost is land

This is what the builder 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

Government Guidance Rate

Karnataka registration department

In Karnataka it’s called the guidance value.

No government guidance rate is shown for this project.

Karnataka's guidance-value gazettes are in Horizon's record, but this project's address doesn't name a place any of its sub-registrar's tables print.

That is a statement about what Horizon can place — not a sign that no rate exists, and not a signal about the project.

05

Planning authority

RERA Karnataka · Approved building plan

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (30 Jun 2019) 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

An approved 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 approved plan carries penalty or demolition risk.

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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

166 residential and mixed-use projects still under way within 25 km. Step out ring by ring:

Of the 431 projects the radar draws within 6 km — every kind, every stage — 124 are residential and mixed-use projects still under way. This list keeps only those, and looks further out.

17 projects within 1 km — showing the nearest 6.

180 m awayApartment

Castle Green

Nidhi Land Infrastructure Developers India (P) Ltd , Karunakara Shetty & K Vimal Kumar · Mangalore

Jan 2026started
Dec 2029target completion
Declared cost₹9.32 CrScale14 flatsAuthorityRERA Karnataka
190 m awayApartment

Atharva Kanishka

Atharva builders and developers · Mangalore

Apr 2024started
Dec 2026target completion
Declared cost₹9.15 CrScale29 flatsAuthorityRERA Karnataka
290 m awayApartment

AGRAJA ATLANTIC

AGRAJA MANJUSHREE · Mangalore

May 2026started
Dec 2033target completion
Declared cost₹46.32 CrScale63 flatsAuthorityRERA Karnataka
410 m awayMixed Development

SHREKA PRIDE

SHREKA BUILDERS AND DEVELOPERS · Dakshina Kannada

Jun 2025started
Dec 2029target completion
Declared cost₹22.25 CrScale37 flatsAuthorityRERA Karnataka
450 m awayMixed Development

Lotus Ananya

LOTUS PROPERTIES · Dakshina Kannada

Mar 2024started
Aug 2026target completion
Declared cost₹25.50 CrScale42 flatsAuthorityRERA Karnataka
450 m awayApartment

LOTUS ADELAIDE

LOTUS PROPERTIES · Mangalore

Jul 2023started
Jul 2029target completion
no escrow declaredDeclared cost₹57.98 CrScale62 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.