HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
1,735 sq m
Covered area
1,020 sq m
Open area
31 sq m
Garage area
15 sq m

Timeline

Project startedDec 2018
RERA registeredMay 2019
Proposed completionDec 2020
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

N J BUILDERS & PROMOTERS

IndividualPromoter type
KarnatakaBased in
1Projects
1City
2019–2020Active
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
Mangalore
District
Dakshina Kannada
Address
BEHIND KPT VYSNAGAR, MANGALORE
What’s nearby
SchoolsNearest school 1.3km away · College or university 1.1km away · Library 1.9km away
HealthcareHospital 1.3km away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 1.9km away
ShoppingSupermarket 1.8km away · Bank 603m away
Getting around
Expressway 125 mPrimary road 267 m · George Fernandes RoadRailway line 3.1 kmRailway station 3.3km away (Mangaluru Central)Bus stop within 1km
Water & environment
Water body 958 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹3.70 Cr declared. What that works out to:

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 (15 Dec 2020) 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.