HORIZONMarkets
01

Complete project overview

RERA Karnataka · Registration filing
Status
New Project Launch
Units
46 units
Unit mix
21 × 3 BHK · 14 × 2 BHK · 7 × 4 BHK · 4 × COMMERCIAL
Towers
1
Floors
7
Land area
2,591 sq m
Built-up area
11,098 sq m
FAR sanctioned
2.5
Covered area
943 sq m
Open area
1,648 sq m
Land parcels
3 survey nos

Timeline

Project startedDec 2025
RERA registeredDec 2025
Proposed completionDec 2030
TodayJul 2026
Construction progress

28% overall, as filed

Finishing0%
Internal infra0%
External infra0%
Amenities0%
Common areas1%
Super-structure9%
Sub-structure71%
From the promoter's latest quarterly progress report filed with RERA Karnataka — % complete overall and by stage, as of that filing. A dated snapshot, not a live tracker.

Find your flat

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

46 units across 4 batches
TypeArea sq mCount
4 BHK1177
2 BHK9214
COMMERCIAL1324
3 BHK12721

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

V K DEVELOPERS

ProprietorshipPromoter type
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 Authority2 of 8 projects
BBMP - Bruhat Bengaluru Mahanagara PalikeMunicipal / Corporation1 of 8 projects
Local Planning AuthorityTown & Country Planning (DTCP)this project1 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
DETAILED PLAN OF PROPOSED COMMERCIAL & RESIDENTIAL APARTMENT BUILDING IN , AT S.N 159/9, 159/1A2A14, & 159/1A2A15 SHIVALLI VILLAGE UDUPI , Udupi , Udupi, Karnataka - 576101
North boundary
13°20'48.00"N
East boundary
13°20'49.21"N
South boundary
74°46'22.71"E
West boundary
74°46'21.28"E
What’s nearby
SchoolsNearest school 1.6km away · College or university 706m away
HealthcareHospital 869m away · 4 clinics within 1km · Doctor's clinic within 1km
LifestyleNo parks within 2km · Gym or sports centre 1.2km away
ShoppingSupermarket 1.7km away · Bank 375m away · ATM within 500m
Getting around
Expressway 50 m · Malpe - Manipal RoadPrimary road 2.2 kmRailway line 270 m · Konkan RailwayRailway station 1.2km away (Udupi)2 bus stops within 500m
Water & environment
Water body 1.5 km · Manipal Lake
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

₹31.78 Cr declared to build 46 flats. What that works out to:

₹69.10 Lakhdeclared cost per flatall-in — land + construction
₹2,661/sq ftof built-up area₹28,639/sq m
21%of the cost is land₹2,432/sq ft of 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

Local Planning Authority

Town & Country Planning (DTCP)
approved 5 Dec 2025 · 7 mo ago
Building Permit no. UDP-LBPAS-22001/25-26/BPSurvey no. 159/1a2a14
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 UDP-LBPAS-22001/25-26/BP on the approving authority’s portal to confirm the sanction.

The approving body, at scale

Local Planning Authority

Town & Country Planning

Has approved 1,518 RERA projectsabout 1 in 6 in Karnataka.

a mixed market42% apartments · 58% plotted layouts.

Builders
1,212
On record
42,750 flats · 54,584 plots
Reach
128 taluks
Since
2017

More layout-heavy than Karnataka overall — 58% plots here vs 38% 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.