HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
Completed
Units
64 units
Unit mix
64 × COMMERCIAL
Towers
1
Floors
3
Land area
1,031 sq m
Built-up area
264 sq m
FAR sanctioned
2054
Covered area
200 sq m
Open area
90 sq m
Garage area
290 sq m
Land parcels
1 survey no

Timeline

Project startedJun 2017
Proposed completionDec 2020
RERA registeredOct 2025
TodayJul 2026

Find your unit

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

64 units across 1 batch
TypeArea sq mCount
COMMERCIAL2264

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

DINESH RAI

Other ( Individaual )Promoter type
Dakshina KannadaBased in
1Projects
1City
2025–presentActive
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
575017
Address
KALLAPU PERMANNUR VILLAGE MANGALORE TALUK , KALLAPU PERMANNUR VILLAGE MANGALORE TALUK , Dakshina Kannada , Dakshina Kannada, Karnataka - 575017
North boundary
REMAINING PORTION OF SAME SY.NO
East boundary
ROAD
South boundary
SD LINE
West boundary
SY LINE
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 495m away
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km · Bank 468m away · ATM within 500m
Getting around
Expressway 36 m · Mangaluru-Kasargod HighwayRailway line 381 mRailway station 278m away (Tokkuttu)Limited bus connectivity nearby
Water & environment
River 2.1 km · NetravatiWater body 2.3 km
distances only — not a flood assessment
Land, title & encumbrance
LandOwned by the promoter
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

₹5.00 Cr declared to build 64 flats. What that works out to:

₹7.81 Lakhdeclared cost per flatall-in — land + construction
₹17,595/sq ftof built-up area₹1,89,394/sq m

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 20 Feb 2015 · 11 yrs ago
Building Permit no. MANAPRA/NAYOSA/VINYASA/3856/2015-16Survey no. 23/1b1p

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.

Verify it yourself — look up plan MANAPRA/NAYOSA/VINYASA/3856/2015-16 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.