HORIZONMarkets
01

Complete project overview

RAJ-RERA · Registration filing
Land area
27,985 sq m
Completion deadline extended
2 extensions on record — latest to 30 Sep 2022declared reason: force majeure
Description
1. The whole project will be developed in Phases. Out of total land of 27985 sq mts, for the first phase land of 14570 sq. mts will be used and the balance vacant land will be utilised by the Developer for the future phases. 2.The First Phase of the project includes a Hotel which will not be sold nor will be given on lease in near future by the promoter. The Hotel has been included in the Phase Area as it is constructed on same land on which Commercial Complex of Phase 1 is being constructed. The cost of the project does not include the cost of construction/development of Hotel. 3. The built up area of Phase 1 of the project includes the construction area of Hotel, but the cost of the project does not include the cost of construction/development of Hotel. Further Built Up Area of future phases of construction is not included in built up area as the same is not yet finalized. 4. The Open area has been calculated after considering the construction to be done in future phases as per existing bye laws. 5. No. of apartments is only for Phase 1 and does not include apartments /units for future phases. 6. Supplementary Lease Deed with RIICO has been uploaded under the Head of " Other Documents" 7.The development cost of the project has been changed from Rs. 1,00,00,00,000.00 to Rs. 150,00,00,000.00 on 30.08.2019.8. The Architect Details and Structural Engineer details have been changed on 30.08.2019. The detail of previous approved & revised maps approved on dated 07.08.2019 have been attached with approved letter under other approval as may be required and obtained for the project. the above mentioned details are being added on 30.08.2019.The details of separate bank account has been updated on 14/11/2019. Before the modification the details of earlier account was Account No. 50200025070041 of HDFC Bank Ltd Bank at 32,Kalka Ji,New Delhi. W.r.t. to the approval by the Hon'ble Chairman Rev. Encumbrance detail has been uploaded on 16-12-2019. uploaded ATS on 23-01-2020

Timeline

Construction startJun 2017
RERA registeredAug 2017
Proposed completionMar 2021
TodayJul 2026
02

Builder’s track record

RAJ-RERA · Promoter registration

BHUMIKA ENTERPRISES PRIVATE LIMITED

OrganisationPromoter type
Udaipur, RajasthanBased in
1Projects
1City
2017–2021Active
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

RAJ-RERA · Registration filing
Address
F 210 to 223, RIICO Industrial Area, Sukher, Udaipur, Girwa, Udaipur, 313001
Village
Udaipur
Taluka
Girwa
District
Udaipur
Pincode
313001
What’s nearby
SchoolsNo schools within 2km
HealthcareHospital 827m away · 2 clinics within 1km
LifestyleNo parks within 2km
ShoppingNo supermarket within 2km
Getting around
Expressway 94 mPrimary road 597 mNo metro or railway within 5kmBus stop within 1km
Water & environment
River 2.0 km · AharWater body 3.6 km · Roop Sagar
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹273.87 Cr declared. What that works out to:

6%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

RAJ-RERA · Approved building plan
Building Permitapproved 16 Aug 2017 · 8 yrs ago

The promised possession date (31 Mar 2021) 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.

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.
  • Construction progress — RAJ-RERA does not publish quarterly progress reports. How far along it actually is cannot be read here.
  • Complaints — RAJ-RERA does not publish a complaints register. This read cannot speak to them either way.