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SRI VIDHYA PALACE

PRM/KA/RERA/1273/318/PR/060422/004818 · RERA Karnataka · https://gethorizon.in/projects/sri-vidhya-palace-udupi-5vbvf6cd

01

Complete project overview

RERA Karnataka · Registration filing
Units
19 units
Unit mix
15 × 2 BHK · 3 × 1 BHK · 1 × 4 BHK
Towers
1
Floors
4
Land area
972 sq m
Built-up area
1,337 sq m
FAR sanctioned
1.37
Covered area
374 sq m
Open area
598 sq m
Land parcels
1 survey no

Timeline

Project startedDec 2016
Proposed completionOct 2021
RERA registeredApr 2022
TodaySep 2026

Find your flat

Every flat the builder registered, with the carpet area they filed. Look yours up and check it against what you were shown.

UnitTypeCarpet sq mExclusive area sq mUndivided share sq m
1011st Floor2 BHK58.2619.855.29
1021st Floor4 BHK97.7519.858.16
1031st Floor2 BHK50.1019.854.70
1041st Floor2 BHK61.8219.855.55
2012nd Floor2 BHK58.2626.455.65
2022nd Floor2 BHK59.0626.455.71
2032nd Floor1 BHK37.823.762.95
2042nd Floor2 BHK50.1023.474.90
2052nd Floor2 BHK61.8225.895.88
3013rd Floor2 BHK58.2628.885.78
3023rd Floor2 BHK59.0628.805.83
3033rd Floor1 BHK37.825.113.02
3043rd Floor2 BHK50.1024.764.97
3053rd Floor2 BHK61.8228.126.00
4014th Floor2 BHK58.2628.885.78
4024th Floor2 BHK59.0628.805.83
4034th Floor1 BHK37.825.113.02
4044th Floor2 BHK50.1024.764.97
4054th Floor2 BHK61.8228.126.00

Shown in sq m. The filing records square metres; the sq-ft view is a straight conversion. Carpet area is the legally meaningful number — not the super built-up figure a brochure quotes. Exclusive area is the common area allotted exclusively to the unit's owner, as the register names it. Undivided share is the portion of the land that comes with the unit, as filed — a share of the whole plot, not a demarcated piece of ground.

02

Builder’s track record

RERA Karnataka · Builder registration

B MADHUSUDHAN ACHARYA

Proprietorship FirmPromoter type
UdupiBased in
1Projects
1City
2022–presentActive
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
Udupi
District
Udupi
Pincode
576101
Address
PROPOSED CONSTRUCTION OF RESIDENTIAL APARTMENT BUILDING IN S.N-92/26B2 , OF MOODANIDAMBOOR VILLAGE, UDUPI TALUK AND DISTRICT , Udupi , Udupi, Karnataka - 576101
North boundary
13°20'17.90"N
East boundary
13°20'18.73"N
South boundary
74°44'40.60"E
West boundary
74°44'41.60"E
What’s nearby
Schools1 school within 500m · 4 educational institutions within 1km · College or university 1.0km away
HealthcareHospital 346m away · 8 clinics within 1km · Pharmacy within 500m
LifestyleNo parks within 2km · 22+ restaurants and cafes within 1km
ShoppingSupermarket 1.1km away · Mall 795m away · Convenience store within 500m
Getting around
Expressway 607 m · Malpe - Manipal RoadPrimary road 447 m · Kavi Muddana MargRailway line 2.8 km · Konkan RailwayRailway station 2.8km away (Udupi)Bus stop within 1km
Water & environment
Water body 635 m · Nair Kere
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
MortgageNone declared on the project / land
As declared by the builder 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

₹4.16 Cr declared to build 19 flats. What that works out to:

₹21.90 Lakhdeclared cost per flatall-in — land + construction
₹2,892/sq ftof built-up area₹31,128/sq m
20%of the cost is land₹795/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

Udupi Urban Development Authority

Urban Development Authority
approved 14 Dec 2016 · 9 yrs ago
Building Permit no. UDP-BL-346-2016-17Survey no. 92/26b2

The promised possession date (18 Oct 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.

Verify it yourself — look up plan UDP-BL-346-2016-17 on the approving authority’s portal to confirm the approval.

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.

See every project approved by RERA Karnataka

07

Other projects nearby

The register · within 25 km

63 residential projects still under way within 25 km. Step out ring by ring:

Of the 151 projects the radar draws within 6 km — every kind, every stage — 49 are residential projects still under way. This list keeps only those, and looks further out.

6 projects within 1 km — showing the nearest 6.

840 m awayApartment

RAMA RANGA

V.P BUILDERS · Udupi

Jan 2026started
Dec 2030target completion
Declared cost₹5.02 CrScale16 flatsAuthorityRERA Karnataka
840 m awayApartment

RAINTREE

VINIT S AMIN · Udupi

Apr 2022started
Mar 2027target completion
Declared cost₹193.95 CrScale299 flatsAuthorityRERA Karnataka
870 m awayApartment

KIRTHI PALMVILLE PHASE II

KIRTHI CONSTRUCTION · Udupi

Feb 2022started
Dec 2029target completion
Declared cost₹149.94 CrScale330 flatsAuthorityRERA Karnataka
870 m awayApartment

ASHIRVAD

UDUPI AASHEERVAAD DEVELOPERS · Udupi

Nov 2023started
Dec 2027target completion
Declared cost₹3.92 CrScale13 flatsAuthorityRERA Karnataka
940 m awayApartment

PARIPOORNA

PRATHIK U RAO & POORNIMA P RAO · Udupi

May 2026started
Dec 2031target completion
Declared cost₹14.29 CrScale23 flatsAuthorityRERA Karnataka
950 m awayMixed Development

SIGNATURE

ASSOCIATE BUILDERS & CONSTRUCTION (ABC) · Udupi

Apr 2023started
Dec 2029target completion
Declared cost₹71.69 CrScale182 flatsAuthorityRERA Karnataka

Projects within 25 km, nearest first — closed ones excluded, nothing ranked. Distances from the filed coordinates.

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.