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SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2

PRM/KA/RERA/1271/486/PR/200121/003208 · RERA Karnataka · https://gethorizon.in/projects/sri-builders-and-developers-108-1-2-and-shivamogga-vhoc086l

01

Complete project overview

RERA Karnataka · Registration filing
Project name
SRI BUILDERS AND DEVELOPERS -108/1,2 &109/1,2
Land area
36,118 sq m
Covered area
19,005 sq m
Open area
17,114 sq m

Timeline

Project startedOct 2016
RERA registeredJan 2020
Proposed completionApr 2022
TodaySep 2026
02

Builder’s track record

RERA Karnataka · Builder registration

SRI BUILDERS & DEVELOPERS

ShivamoggaBased in
1Projects
1City
2020–2022Active
Timelineevery project, start → promised completion

The only project Horizon has read from this builder 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
Shivamogga
District
Shivamogga
Address
BASAVANAGANGURU VILLAGE, 108/1,2 109/1,2
What’s nearby
SchoolsNearest school 1.3km away · College or university 452m away
HealthcareHospital 663m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 741m away
Getting around
Expressway 4.9 kmPrimary road 501 m · Savalanga RoadRailway line 3.3 kmRailway station 3.8km away (Shimoga Town)Limited bus connectivity nearby
Water & environment
Water body 453 mCanal 1.2 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹1.52 Cr declared. What that works out to:

₹39/sq ftof plotted area₹422/sq m
0%of the cost is land₹0/sq ft of 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

Shivamogga Urban Development Authority

Urban Development Authority
Layout Permit

The promised possession date (1 Apr 2022) 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

Shivamogga Urban Development Authority

Urban Development Authority

Has approved 114 RERA projects1.3% of Karnataka.

a plotted-layout market21% apartments · 79% plotted layouts. Your plotted layout is this body's core business.

Builders
103
On record
4,585 flats · 3,302 plots
Reach
7 taluks
Since
2018

More layout-heavy than Karnataka overall — 79% 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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within Shivamogga

5 plotted projects still under way within Shivamogga. Step out ring by ring:

Of the 65 projects the radar draws within 6 km — every kind, every stage — 1 is a plotted project still under way. This list keeps only those, and looks further out.

2 projects within 25 km — showing the nearest 2.

HosanagarPlotted Development

K M D Residency

Eshwarappa K D

Apr 2024started
Mar 2027target completion
Declared cost₹4.71 CrScale37 plotsAuthorityRERA Karnataka
ShivamoggaPlotted Development

Pratishta gardenia-phase 1

Pratishta developers

Dec 2021started
Dec 2026target completion
no escrow declaredDeclared cost₹9.78 CrScale56 plotsAuthorityRERA Karnataka

Projects within Shivamogga, nearest first — closed ones excluded, nothing ranked. This project’s coordinate is approximate, so distances are rough.

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.