HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Units
18 units
Unit mix
12 × 2 BHK · 6 × 3 BHK
Towers
1
Floors
3
Land area
1,041 sq m
Built-up area
2,592 sq m
FAR sanctioned
1.4
Covered area
585 sq m
Open area
456 sq m
Land parcels
7 survey nos

Timeline

Project startedApr 2024
RERA registeredOct 2024
Proposed completionJun 2026
TodayJul 2026
Construction progress

100% overall, as filed

Sub-structure100%
Super-structure100%
Finishing100%
Internal infra100%
External infra100%
Amenities100%
Common areas100%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

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

18 units across 2 batches
TypeArea sq mCount
2 BHK11612
3 BHK1496

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

SAM HOUSING VENTURES

Partnership FirmPromoter type
Dakshina KannadaBased in
1Projects
1City
2024–2026Active
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
Dakshina Kannada
District
Dakshina Kannada
Pincode
575006
Address
25-1,23-6 , NO 90B BOLOOR VILLAGE , MANGALORE , Dakshina Kannada , Dakshina Kannada, Karnataka - 575006
North boundary
SD LINE
East boundary
PORTION OF THE SAME SUB DIVISION
South boundary
SD LINE
West boundary
SD LINE
What’s nearby
SchoolsNearest school 1.3km away · College or university 541m away · Library 1.5km away
HealthcareHospital 520m away · 1 clinic within 1km
LifestyleNo parks within 2km
ShoppingSupermarket 1.2km away · Mall 939m away · Bank 395m away
Getting around
Expressway 1.8 kmPrimary road 1.1 km · Kuloor Ferry RoadRailway line 4.0 kmRailway station 4.1km away (Mangaluru Central)Bus stop within 1km
Water & environment
River 400 m · GurupuraWater body 1.1 km
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
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

₹5.37 Cr declared to build 18 flats. What that works out to:

₹29.81 Lakhdeclared cost per flatall-in — land + construction
₹1,923/sq ftof built-up area₹20,699/sq m
24%of the cost is land₹1,162/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

Mangaluru Urban Development Authority

Urban Development Authority
approved 14 Feb 2023 · 3 yrs ago
Building Permit no. E9/BA 32/2022-23(152790) KANIPA 57/2022-23Survey no. 25/1p2

The promised possession date (30 Jun 2026) 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 E9/BA 32/2022-23(152790) KANIPA 57/2022-23 on the approving authority’s portal to confirm the sanction.

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

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.