HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
2
Land area
4,978 sq m
FAR sanctioned
2.677
Covered area
1,581 sq m
Open area
3,397 sq m
Garage area
1,625 sq m

Timeline

Project startedJan 2019
RERA registeredMar 2019
Proposed completionOct 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

CITADEL DEVELOPERS

Dakshina KannadaBased in
8Projects
3Cities
2018–2025Active
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
39 homes · 97 plotson the public record across 8 projects
2,287 sq mbuilt-up filed
33,251 sq mplotted area
46,117 sq mland declared
₹120.75 Crdeclared build cost

Build cost is what the promoter declared it costs to build — land plus construction, at registration. It gives a sense of how big a builder this is — not a price you pay, not build quality, and not whether they finish on time.

Planning authoritiesthis builder's portfolio, by approving body
Mangaluru Urban Development AuthorityUrban Development Authority5 of 8 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project2 of 8 projects
Directorate of Town & Country Planning (DTCP)Town & Country Planning (DTCP)1 of 8 projects

Counts are how many of this builder’s projects on Horizon’s record were approved by each body — a footprint, not a ranking of the authorities.

Every project Horizon has read from this promoter, oldest first on the timeline. 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
Mangalore
District
Dakshina Kannada
Address
PADAVINANAGADY, AIRPORT ROAD, MANGALORE
What’s nearby
Schools1 school within 1km · College or university 1.9km away
HealthcareNearest hospital 3.2km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.7 km · Solapur-Mangalore HighwayPrimary road 45 mRailway line 839 mRailway station 4.9km away (Padil)Limited bus connectivity nearby
Water & environment
Water body 1.3 km · Kavoor Lake
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹52.00 Cr declared. What that works out to:

23%of the cost is 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)
Building Permit

The promised possession date (31 Oct 2023) 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.

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.