HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
32 units
Unit mix
31 × SHOP · 1 × OTHERS-HALL
Towers
1
Floors
3
Land area
1,133 sq m
Built-up area
1,924 sq m
FAR sanctioned
0.75
Covered area
671 sq m
Open area
462 sq m
Land parcels
5 survey nos

Timeline

Project startedFeb 2023
RERA registeredFeb 2023
Proposed completionDec 2025
TodayJul 2026

Find your unit

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

32 units across 2 batches
TypeArea sq mCount
SHOP2031
OTHERS-HALL5991

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

RAVINDRA VASANTHA SHETTY

Proprietorship FirmPromoter type
UdupiBased in
1Projects
1City
2023–2025Active
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
Karkala
District
Udupi
Pincode
574104
Address
PROPOSED CONSTRUCTION OF COMMERCIAL BUILDING IN , S.N 276/1A2,276/2A1E2 & 442/7B, KUKKUNDOOR VILLAGE KARKALA TALUK, UDUPI , Karkala , Udupi, Karnataka - 574104
North boundary
13°14'14.75"N
East boundary
13°14'15.04"N
South boundary
74°58'59.27"E
West boundary
74°58'59.79"E
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 1.6km away
LifestyleNo parks within 2km · 3 restaurants and cafes within 1km
ShoppingSupermarket 161m away · Bank 74m away
Getting around
Expressway 5.0 kmPrimary road 94 mNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.5 km · Murngi PapanashiniWater body 3.7 km · Aanekere
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
LitigationDeclared free of litigation
MortgageDeclared — ₹1.00 Cr 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

₹1.86 Cr declared to build 32 flats. What that works out to:

₹5.82 Lakhdeclared cost per flatall-in — land + construction
₹900/sq ftof built-up area₹9,684/sq m
14%of the cost is land₹216/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)
approved 17 Jun 2022 · 4 yrs ago
Building Permit no. 30/2022-23Survey no. 442/7b

The promised possession date (31 Dec 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 30/2022-23 on the approving authority’s portal to confirm the sanction.

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.