HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Ongoing
Towers
1
Land area
2,249 sq m
Covered area
5,223 sq m
Open area
684 sq m
Garage area
725 sq m

Timeline

Project startedJan 2015
Proposed completionJun 2018
RERA registeredNov 2023
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

N J MONTVERT INFRASTRUCTURES

Dakshina KannadaBased in
1Projects
1City
2023–presentActive
Timelineevery project, start → promised completion
The RIVIERA

The RIVIERA

this project
Mixed Development
Jan 2015started
Jun 2018target completion
₹17.75 Cr

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
575003
Address
Near Kuloor Church, mangalore
What’s nearby
Schools1 school within 1km · College or university 674m away
HealthcareHospital 785m away · 1 clinic within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.9km away · 5 restaurants and cafes within 1km
ShoppingSupermarket 543m away · Convenience store within 1km · Bank 414m away
Getting around
Expressway 145 mPrimary road 109 m · Kudumal Ranga Rao RoadRailway line 2.2 kmRailway station 2.5km away (Mangaluru Junction)Bus stop within 1km
Water & environment
Water body 655 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹17.75 Cr declared. What that works out to:

28%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 (30 Jun 2018) 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 projects — about 1 in 20 in Karnataka.

an apartments market — 96% 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.