HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
16 units
Unit mix
7 × 2 BHK · 4 × 3 BHK · 3 × 1 BHK · 2 × COMMERCIAL
Towers
1
Floors
4
Land area
760 sq m
Built-up area
1,358 sq m
FAR sanctioned
1.16
Covered area
262 sq m
Open area
498 sq m
Land parcels
2 survey nos

Timeline

Project startedOct 2022
RERA registeredDec 2022
Proposed completionSep 2025
TodayJul 2026

Find your flat

Filed by type and size, in the batches the promoter registered — not a per-flat listing. Look yours up.

16 units across 4 batches
TypeArea sq mCount
2 BHK517
COMMERCIAL502
1 BHK393
3 BHK834

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. The declared inventory as registered — how many of each type exist, not how many are still unsold (this state's filing carries no booking count).

02

Builder’s track record

RERA Karnataka · Promoter registration

K PRASAD ACHARYA

Proprietorship FirmPromoter type
UdupiBased in
1Projects
1City
2022–2025Active
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
Udupi
District
Udupi
Pincode
576101
Address
S NO 102-19 102-26 MOODANIDAMBUR VILLAGE SHIRIBEEDU WARD , BEHIND KEDIYUR HOTEL , Udupi , Udupi, Karnataka - 576101
North boundary
PID No 34-2-2-127
East boundary
PID No 34-2-531-2A
South boundary
ROAD 531
West boundary
PID No 34-2-531-4
What’s nearby
Schools1 school within 1km · College or university 890m away · Library 1.2km away
HealthcareHospital 153m away · 4 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 23+ restaurants and cafes within 1km
ShoppingSupermarket 921m away · Mall 296m away · Convenience store within 1km
Getting around
Expressway 83 m · Malpe - Manipal RoadPrimary road 80 m · Kavi Muddana MargaRailway line 2.6 km · Konkan RailwayRailway station 2.8km away (Udupi)Bus stop within 500m
Water & environment
Water body 724 m · Sri Madhva Sarovara
distances only — not a flood assessment
Land, title & encumbrance
LandJoint development (JDA) — built on the owner’s land by agreement
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageNone declared on the project / land
As declared by the promoter at registration — a RERA self-declaration, not an authority's independent finding. A flagged line is worth verifying against the title documents; it is not a verdict.
Price analysisdeclared build cost — not a sale price

₹8.60 Cr declared to build 16 flats. What that works out to:

₹53.75 Lakhdeclared cost per flatall-in — land + construction
₹5,883/sq ftof built-up area₹63,328/sq m
23%of the cost is land₹2,445/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

Udupi Urban Development Authority

Urban Development Authority
approved 6 Aug 2022 · 3 yrs ago
Building Permit no. UDP BL 51-2022-23Survey no. 102-19

The promised possession date (30 Sep 2025) 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.

Verify it yourself — look up plan UDP BL 51-2022-23 on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects1.5% of Karnataka.

an apartments market87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.