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.
Builder's track record — done
03
Location & price analysis
RERA Karnataka · Registration filing
Taluk
Sira
District
Tumakuru
Pincode
572137
Address
Sy. No. 264, Mudhigere Kaval Village , Kasaba Hobli, Shira Taluk, Tumkur , Sira , Tumakuru, Karnataka - 572137
What’s nearby
SchoolsNearest school 1.1km away · College or university 413m away · Library 1.7km away
HealthcareHospital 104m away · 16 clinics within 1km · Doctor's clinic within 1km
LifestylePark 854m away · Gym or sports centre 1.1km away · 3 restaurants and cafes within 1km
ShoppingSupermarket 1.2km away · Bank 124m away
Getting around
Expressway 1.1 kmPrimary road 17 mRailway line 945 mRailway station 1.7km away (Tumakuru)Bus stop within 500m
Land, title & encumbrance
LandOwned by the promoter
ConversionConverted to non-agricultural
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
₹1.76 Cr declared to build 79 plots. What that works out to:
₹2.22 Lakhdeclared cost per plotall-in — land + construction
45%of the cost is 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.
Location & price analysis — done
04
Government Guidance Rate
Karnataka Department of Stamps & Registration — 2023-24 guidance-value gazettes
In Karnataka it’s called the guidance value.
₹4,348per sq yd
₹5,200per sq m
Which rate
site (guidance value)
Matched to
The rate published for “Mudigere Kaval”.
In force
effective Oct 2023
Spread
₹2,174 – ₹4,348 per sq yd across the places it was taken over
What this number is — and isn’t
The minimum value Karnataka’s registration department will register a sale at. Stamp duty is usually charged on this or the price in the sale deed, whichever is higher.
Not a market price. Sales normally register above it, and how far above varies by place and by project.
Its fit depends on the grain the state publishes at. This one is matched at the level of locality, and says so above. How Horizon decides what to show.
Government Guidance Rate — done
05
Planning authority
RERA Karnataka · Approved building plan
Local Planning Authority
Town & Country Planning (DTCP)
approved 19 Jan 2024 · 2 yrs ago
Layout Permit no. 303/23-24Survey no. 264
The promised possession date (31 Dec 2024) 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 303/23-24 on the approving authority’s portal to confirm the approval.
The approving body, at scale
Local Planning Authority
Town & Country Planning
Has approved 1,518 RERA projects — about 1 in 6 in Karnataka.
a mixed market — 42% 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.
Planning authority — done
06
Complaints & litigation
RERA Karnataka · public record
Complaints register
None on record with RERA Karnataka against this project.
Only disputes escalated to the authority appear on the record — a private disagreement never filed here would not. A count from the public record, not a verdict.
What the builder declared
Declared to RERA Karnataka
Litigation
Declared free of litigation
The builder's own declaration at registration — not a court's or RERA Karnataka's finding. A flagged line is worth checking with RERA Karnataka.
Not a verdict. A complaint can be dismissed and a case can be won; an order can be appealed.
Not a clean bill. An empty record means nothing was filed with RERA Karnataka, or that this register doesn’t publish it — never that nothing happened.
Complaints & litigation — done
07
Other projects nearby
The register · within 25 km
105 plotted projects still under way within 25 km. Step out ring by ring:
Of the 75 projects the radar draws within 6 km — every kind, every stage — 50 are plotted projects still under way. This list keeps only those, and looks further out.