HubballiApartment
TRANQUIL
Silver Nest Realty
Oct 2024started
Dec 2027target completion
Declared cost₹2.76 CrScale8 flatsAuthorityRERA Karnataka
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Detailed ReportSRI SAI APARTMENT
01
Complete project overview
RERA Karnataka · Registration filing- Project name
- SRI SAI APARTMENT
- Land area
- 385 sq m
- Covered area
- 205 sq m
- Open area
- 180 sq m
Timeline
Project startedOct 2018
RERA registeredFeb 2020
Proposed completionJun 2021
TodaySep 2026
02
Builder’s track record
RERA Karnataka · Builder registrationRAJESH KHODE
IndividualPromoter type
KarnatakaBased in
1Projects
1City
2020–2021Active
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- This project
- 13 new projects last year
- 118 nearby projects
- Taluk
- Hubballi
- District
- Dharwad
- Pincode
- 580030
- Address
- SRI SAI APARTMENT, MIG-25 OF R.S.NO.83/A AT BASAVESHWAR NAGAR, UNKAL VILLAGE, GOKUL ROAD, HUBLI
What’s nearby
Schools1 school within 500m · 6 educational institutions within 1km · College or university 568m away
HealthcareHospital 302m away · Clinic within 2km
LifestylePark 1.3km away · 9 restaurants and cafes within 1km
ShoppingSupermarket 285m away · Bank 112m away · ATM within 500m
Getting around
Expressway 2.2 km · Hubli-Dharwad BypassPrimary road 2.2 km · Pune Bangalore RoadRailway line 2.8 kmRailway station 3.1km away (Unkal)Bus stop within 500m
Water & environment
Water body 1.0 km · Tolanakere
distances only — not a flood assessmentPrice analysisdeclared build cost — not a sale price
₹1.58 Cr declared. What that works out to:
21%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 Department of Stamps & Registration — 2023-24 guidance-value gazettesIn Karnataka it’s called the guidance value.
₹51,840per sq yd
₹62,000per sq m
- Which rate
- site (guidance value)
- Matched to
- The rate published for “) Gokul Road ( Oasis Mall) CTS No.”.
- In force
- effective Oct 2023
What this number is — and isn’t
- The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
- Not a market price. Sales normally register above it, and how far above varies by place and by project.
- Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
05
Planning authority
RERA Karnataka · Approved building planBuilding Permit
The promised possession date (30 Jun 2021) 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
Hubballi Dharwad Municipal Corporation
Municipal CorporationHas approved 114 RERA projects — 1.3% of Karnataka.
an apartments market — 90% apartments · 10% plotted layouts. Apartments like yours are this body's core business.
- Builders
- 91
- On record
- 3,602 flats · 463 plots
- Reach
- 5 taluks
- Since
- 2017
More apartment-heavy than Karnataka overall — 90% 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.
06
Complaints & litigation
RERA Karnataka · public recordNone on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka- Litigation
- None declared in this filing
Only what the builder declared, or what RERA Karnataka records itself, can appear here — a case filed elsewhere and never declared would not.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
07
Other projects nearby
The register · within 25 km63 residential projects still under way within 25 km. Step out ring by ring:
Of the 118 projects the radar draws within 6 km — every kind, every stage — 33 are residential projects still under way. This list keeps only those, and looks further out.
6 projects within 1 km — showing the nearest 6.
HubballiMixed Development
SHRIYA GHODKE PLAZA
KARTHIK MALODE
Jan 2025started
Jan 2029target completion
Declared cost₹12.91 CrScale31 flatsAuthorityRERA Karnataka
HubballiApartment
Sai Prestige
B S A Constructions
Aug 2024started
Mar 2029target completion
Declared cost₹7.21 CrScale24 flatsAuthorityRERA Karnataka
HubballiMixed Development
SHREYA SERENITY
SHRIYA HOLDINGS & PROPERTIES PRIVATE LIMITED
Apr 2025started
Jan 2031target completion
Declared cost₹103.40 CrScale142 flatsAuthorityRERA Karnataka
HubballiApartment
Airlink Luxor
Narasingasa Reality
May 2025started
Mar 2030target completion
Declared cost₹23.48 CrScale49 flatsAuthorityRERA Karnataka
HubballiApartment
AUM SAI
NEWHOMES BUILDTECH
Jun 2025started
Dec 2029target completion
Declared cost₹23.57 CrScale70 flatsAuthorityRERA Karnataka
Projects within 25 km, 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.
Sources
Where each section of this report comes from.
- 01Complete project overview
- The project's registration filing with RERA Karnataka, as the builder submitted it.
- 02Builder's track record
- RERA Karnataka: the builder's registration.
- The track record: every project filed under this builder, counted by Horizon across the state RERA registers it holds.
- 03Location & price analysis
- Address, pincode and declared cost: the RERA Karnataka filing.
- Coordinates: geocoded by Horizon from the filed address with Google Geocoding, matched to the locality centre, not the exact site.
- What's nearby and getting around: distances measured by Horizon on OpenStreetMap data, © OpenStreetMap contributors (ODbL). Not from the RERA filing.
- The Horizon Radar: the RERA-registered projects Horizon holds within 6 km of these coordinates.
- Map: © OpenStreetMap contributors (ODbL).
- 04Government Guidance Rate
- Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes.
- 05Planning authority
- RERA Karnataka: the approved building plan, as filed.
- The approving body's other projects: counted by Horizon across the register.
- 06Complaints & litigation
- RERA Karnataka's public record lists no complaints or litigation for this project.
- 07Other projects nearby
- The RERA-registered projects Horizon holds within 25 km of these coordinates.
Compiled by Horizon from public records. Each fact is reproduced as its source publishes it, and Horizon does not verify filings on the ground. The live record: gethorizon.in/projects/sri-sai-apartment-hubballi-ip51bxn6.
Horizon does not rate, review, score or signal, and it gives no verdict, opinion or forecast. Its only aim is to seek the truth through data: what the public record says, where each fact comes from, and where the record is silent. Nothing in this document is legal, financial or investment advice; what to make of it is yours to decide.