HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Towers
1
Land area
11,630 sq m
FAR sanctioned
2.5
Covered area
4,058 sq m
Open area
7,572 sq m

Timeline

Project startedApr 2021
RERA registeredJan 2022
Proposed completionMar 2026
TodayJul 2026
02

Builder’s track record

RERA Karnataka · Promoter registration

V K DEVELOPERS

UdupiBased in
12Projects
6Cities
2018–presentActive
Timelineevery project, start → promised completion
Builder DNAthe whole portfolio, summed
378 homeson the public record across 12 projects
31,383 sq mbuilt-up filed
28,256 sq mland declared
₹136.91 Crdeclared build cost

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.

Planning authoritiesthis builder's portfolio, by approving body
Municipal Corporation of Greater MumbaiMunicipal Corporation2 of 8 projects
Udupi Urban Development AuthorityUrban Development Authoritythis project2 of 8 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporation1 of 8 projects
Local Planning AuthorityTown & Country Planning (DTCP)1 of 8 projects
Others1 of 8 projects
Surat Municipal CorporationMunicipal / Corporation1 of 8 projects

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.

03

Location & price analysis

RERA Karnataka · Registration filing
Taluk
Udupi
District
Udupi
Pincode
576101
Address
Sy. No : 316/1, Shivalli Village, Property ID : 18-4-40-53, Dr. V.S.Acharya Road, ManipalUdupi
What’s nearby
SchoolsNearest school 1.2km away · Library 1.2km away
HealthcareHospital 716m away · Clinic within 2km
LifestyleNo parks within 2km · Gym or sports centre 963m away · 21+ restaurants and cafes within 1km
ShoppingSupermarket 102m away
Getting around
Expressway 577 m · Malpe - Manipal RoadPrimary road 3.8 kmRailway line 1.7 km · Konkan RailwayRailway station 2.6km away (Udupi)Bus stop within 1km
Water & environment
Water body 954 m
distances only — not a flood assessment
Price analysisdeclared build cost — not a sale price

₹47.23 Cr declared. What that works out to:

15%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

Udupi Urban Development Authority

Urban Development Authority
Building Permit

The promised possession date (31 Mar 2026) 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

Udupi Urban Development Authority

Urban Development Authority

Has approved 134 RERA projects1.5% of Karnataka.

an apartments market87% apartments · 13% plotted layouts. Apartments like yours are this body's core business.

Builders
112
On record
3,485 flats · 325 plots
Reach
6 taluks
Since
2017

More apartment-heavy than Karnataka overall — 87% 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.