HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Land area
59,892 sq m
Covered area
34,377 sq m
Open area
25,515 sq m

Timeline

Project startedJan 2021
RERA registeredApr 2021
Proposed completionJan 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

VARADA SHELTERS PRIVATE LIMITED

Bengaluru UrbanBased in
1Projects
1City
2021–2023Active
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
Koppa
District
Chikkamagaluru
Pincode
577120
Address
Residentially Converted land in Survey Number 252/1, 252/2 & 252/3, totally measuring 14 Acres 32 Guntas, , Situated at Asagodu Village, Hariharapura Ho
What’s nearby
Schools1 school within 1km · College or university 158m away
HealthcareNo hospital within 5km · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 103m away
Getting around
Expressway 89 mPrimary road 298 m · Agumbe - Koppa RdNo metro or railway within 5kmBus stop within 500m
Water & environment
River 644 m · Tunga
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹10.72 Cr declared. What that works out to:

₹166/sq ftof plotted area₹1,790/sq m
31%of the cost is land₹52/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)
Layout Permit

The promised possession date (4 Jan 2023) 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

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.