HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Land area
10,461 sq m
Covered area
3,302 sq m
Open area
7,159 sq m

Timeline

Project startedNov 2013
Proposed completionDec 2021
RERA registeredOct 2025
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

T3 URBAN DEVELOPERS LTD

Dakshina KannadaBased in
1Projects
1City
2025–presentActive
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
Bantwala
District
Dakshina Kannada
Pincode
575008
Address
PILIMOGARU VILLAGE,, BANTWAL TALUK
What’s nearby
SchoolsNo schools within 2km
HealthcareNearest hospital 2.4km away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 2.9 kmNo metro or railway within 5kmLimited bus connectivity nearby
Water & environment
River 1.3 km
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹26.98 Cr declared. What that works out to:

4%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

Mangaluru Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Dec 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

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

Mangaluru Urban Development Authority

Urban Development Authority

Has approved 440 RERA projectsabout 1 in 20 in Karnataka.

an apartments market96% apartments · 4% plotted layouts. Apartments like yours are this body's core business.

Builders
315
On record
8,036 flats · 698 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 96% 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

12 complaints on RERA Karnataka’s register for this project 16 disposed.

A count from the authority’s public register — not a judgement. A disposed complaint may have been resolved for or against the builder, and only disputes escalated this far appear at all.

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.