HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
318 sq m
FAR sanctioned
2.6
Covered area
190 sq m
Open area
128 sq m

Timeline

Project startedDec 2016
RERA registeredMar 2018
Proposed completionJun 2018
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

Spar Homes

BelagaviBased in
1Projects
1City
2018–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
Belagavi
District
Belagavi
Pincode
590006
Address
CTS No. 6161, Plot No. 22(Part), Angol
What’s nearby
SchoolsNearest school 2.0km away · College or university 982m away
HealthcareHospital 743m away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.6km away · Bank 453m away
Getting around
Expressway 617 m · Congress RoadPrimary road 893 mRailway line 319 mRailway station 3.6km away (Belagavi)Limited bus connectivity nearby
Water & environment
Water body 818 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹2.02 Cr declared. What that works out to:

35%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

Commissioner, City Corporation, Belagavi

Municipal / Corporation
Building Permit

The promised possession date (16 Jun 2018) 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

Commissioner, City Corporation, Belagavi

Municipal Corporation

Has approved 206 RERA projects2.4% of Karnataka.

an apartments market100% apartments · 0% plotted layouts. Apartments like yours are this body's core business.

Builders
189
On record
2,495 flats · 0 plots
Reach
2 taluks
Since
2017

More apartment-heavy than Karnataka overall — 100% 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.