Complete project overview
RERA Karnataka · Registration filing- Status
- New Project Launch
- Land area
- 15,277 sq m
- Covered area
- 8,303 sq m
- Open area
- 6,974 sq m
Timeline
Builder’s track record
RERA Karnataka · Promoter registrationFORMIST REALTY PRIVATE LIMITED
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.
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.
Location & price analysis
RERA Karnataka · Registration filing- Taluk
- Belagavi
- District
- Belagavi
- Pincode
- 590011
- Address
- SY NO:40/A1 , CTS NO:5399A , KANGRALI B.K. BELAGAVI -590010, BELAGAVI
₹14.00 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.
Planning authority
RERA Karnataka · Approved building planThe promised possession date (1 Jan 2021) has passed. This record can’t confirm whether the project was completed — that sign-off is the occupancy certificate, below.
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.
Belagavi Urban Development Authority
Urban Development AuthorityHas approved 116 RERA projects — 1.3% of Karnataka.
an apartments market — 82% apartments · 18% plotted layouts. Layouts like yours are the smaller share here — this body mostly approves apartments.
- Builders
- 98
- On record
- 3,214 flats · 392 plots
- Reach
- 8 taluks
- Since
- 2017
More apartment-heavy than Karnataka overall — 82% 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.
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.